Golden State Mining Limited (ASX: GSM) has commenced reverse circulation (RC) drilling at the Nomad lithium prospect at the Yule Project in the Pilbara, Western Australia.
We are pleased to announce the start of our RC drilling campaign focused on the Yule Project’s Nomad Prospect,” Managing Director, Michael Moore, said.
“Aeromagnetic surveys and a detailed ground gravity survey at Nomad have provided us with exciting lithium targets and we look forward to updating our shareholders in the coming months as assays are returned from the lab.
“The Pilbara region’s Mallina Basin continues to grow from strength to strength for its world class lithium prospectivity and Golden State Mining is glad to have its skin in the game in one of Western Australia’s most exciting jurisdictions with exposure to the world’s critical, battery minerals industry.”
The application of detailed ground gravity surveying at the Nomad prospect has identified several patterns that could be interpreted as concealed pegmatites.
The results have revealed subtle, low-density patterns in the gravity which may represent possible pegmatite intrusives.
In addition to the gravity data, high-resolution magnetic data corroborates the gravity interpretation showing breaks in the north-south magnetic trends consistent with the intrusion of interpreted non-magnetic pegmatites. These two valuable data sets were essential in planning this next round of drill testing.
The RC drilling at the Nomad prospect will be directed by recent detailed gravity and magnetics surveys. The programme will include up to 2,000m of angle and vertical RC drilling with holes up to depths of 200m. These drill holes will target concealed, approximately east-northeast trending, low density pattern targets in close proximity to anomalous caesium values returned in first pass GSM RC drilling.
Previous limited GSM drilling (RC and AC) has recorded variable lithologies with associated patchy to moderate structural foliation and minor quartz veining including intermediate intrusive, foliated mafic schists and metasedimentary types under relatively thin transported cover (approximately 20m).
It is anticipated the RC drill programme will be completed in approximately two weeks with results expected in late September (pending assay laboratory turn around).
