Shree Minerals Ltd (ASX:SHH) has commenced aircore drilling at licence E63/2046 in Western Australia.
Drilling is planned for approximately 98 holes for approximately 5,000 to 6,000 metres to test the identified lithium pegmatite potential and gold anomalies, in the southern portion of the tenement E63/2046.
A Heritage Survey is also in progress in licence E63/2048.
To progress exploration plans for in-fill of the historical onr km spaced soil sample traverses in E63/2048 with a powered auger to define and prioritise targets for RAB and RC drilling.
Exploration licences (E63/2046 & E63/2048) in the Albany Fraser Orogen (AFO) are interpreted to occur along strike of the well-endowed Boulder Lefroy Fault Zone (BLFZ) and the Zuleika Shear (ZS).
Highlights:
- World class lithium in pegmatite deposits are spatially related to these mineralised structures to the north of Shree’s tenure.
- Pegmatites have been recorded from historical drill logs proximal to these structures within E63/2046.
- Mapping identified historical drill hole spoils containing pegmatite chips
- Historical drilling intersections up to 3.0 g/t Au remain open and the associated soil geochemistry suggests the mineralisation is much more extensive than indicated by drilling.
