Lord Resources Limited (ASX: LRD) has commenced drilling at the Horse Rocks Lithium Project (E15/1770), located 20km south of Coolgardie, in Western Australia.
The Project is within eight km of Mineral Resources Limited Mt Marion Lithium Mine. The ground surrounding the Horse Rocks Lithium Project is held by Mineral Resources (E15/1599, EEL53, EEL59) and Essential Metals Limited (E15/1710).
The company is extremely excited to test our recently defined geochemical anomalies. This drilling will be the first sub-surface assessment for lithium mineralisation at the Horse Rocks Project and with over 5,000m of drilling planned over the five highest priority targets we will fully exploit the potential of the project,” Managing Director, Barnaby Egerton-Warburton, said.
The first pass RC drilling programme has been designed to test the potential of lithium mineralisation within the Horse Rocks Lithium Project.
Over 5,000m of drilling planned at five areas of high priority geochemical anomalism, where multiple pegmatite swarms have been mapped.
The drilling will be the first lithium targeted sub-surface exploration within the Project. The drilling will determine the orientation of the mapped pegmatites, along with the geometry of potential mineralisation.
The planned programme has been designed to test the five highest priority geochemical anomalies, where recent surface auger sampling revealed coincident Li, K/Rb, ±Cs, ±Ta, ±Sn anomalism, which is indicative of lithium-caesium- tantalum (LCT) pegmatite systems. Geological mapping has identified multiple pegmatite swarms in all areas of anomalism.
Peak values from surface auger sampling of 1,456ppm (0.15%) Li2O, 91ppm Ta2O5 and 349ppm Cs2O were returned from various samples.
The low K/Rb (potassium/rubidium <40) ratios at all the geochemical anomalies are an indication of fractionated (LCT) pegmatites.