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Sipa kicks off Skeleton lithium drilling - The Pick Online Magazine

Written by Staff Writer | Sep 27, 2022 9:23:04 AM

Sipa Resources Limited (ASX: SRI) has commenced drill testing of lithium targets at its 100%-owned Skeleton Rocks project is in progress in Western Australia.

The reverse circulation (RC) drill programme will consist of ~10 holes to nominal planned depths of 150m each, angled directly under the geochemical anomalies encountered in Sipa’s March 2022 aircore drill programme.

Halos of lithium and other pegmatite- associated elements (caesium and rubidium in this case) have a limited dispersion around the margins of known deposits (e.g., Tanco in Canada and Wodgina, Western Australia), providing focussed drill targets.

The targets being tested lie within unexplored greenstone units on the eastern margin of a large granite batholith. Sipa has all necessary approvals in place to expand the drill programme, should it be required, based on initial results.

Skeleton Rocks is strategically located between the Great Eastern Highway and the Mt Holland Lithium Project currently being developed as part of a joint venture between Wesfarmers and Chilean mining major Sociedad Quimica y Minera de Chile S.A. (SQM).

“The focused geochemical halos we have identified at Skeleton Rocks are the logical place to commence drilling on a project that is well located in a proven WA lithium province.

The programme can be adapted as we progress based on results, and it is great to once again be out testing targets at another one of Sipa’s projects,” Managing Director, Pip Darvall, said.

https://sipa.com.au/