Tyranna Resources (ASX: TYX) has recognised spodumene in drill-cuttings from 13 drill-holes in the drilling program at the Muvero Prospect at the Namibe Lithium Project in Angola.
To date 17 RC drill-holes have been completed, with drilling to recommence in January 2024.
The fact that more than 75% of the drill-holes have intersected spodumene-bearing pegmatite, but drilling has only occurred in about 15% of the Muvero prospect is exciting,” Tyranna Technical Director, Peter Spitalny, said.
“Drilling at Muvero will resume in January 2024, with drilling coverage expanding to ensure that the entire prospect is explored effectively and is likely to continue through to April 2024. Tyranna believes the drilling to be completed in 2024 at Muvero will discover substantial amounts of spodumene- bearing pegmatite, and drilling of other prospects will yield positive results that further enhance the value of the Namibe Lithium Project!”
The Muvero Prospect consists of an area extending approximately 500m East-West and 300m North-South in which there are three major pegmatite outcrops and at least 30 additional smaller outcrops. The drilling discussed in this announcement has focussed upon investigating the western portion of the prospect, covering about 15% of the total prospect area, with key points being:
- 17 drill-holes (MRC01 – MRC17) have been completed for a total of 2,665m.
- Spodumene clearly recognised in 13 drill-holes, and likely present in 3 other drill-holes (MRC07, MRC10 and MRC13), based upon recognised spodumene in extensions of pegmatite intersected in adjacent drill-holes.
- 40 recognised intersections of spodumene bearing pegmatite have been attained.
- Down-hole length of the spodumene-bearing pegmatite intersections range from 2m to 35m.
- Most drill-holes have multiple intersections of spodumene-bearing pegmatite.
- Spodumene-bearing pegmatite intersection depths (down-hole) range from surface (0m) to approximately 120m (MRC12; 115m-123m spodumene-bearing pegmatite).
Drilling will recommence in January 2024, with approximately 6,000m remaining to be drilled at the Muvero prospect, along with drilling at other prospects. Approximately half the samples from the drilling have been received by ALS Namibia (Okahandja) for processing into pulps for export to Australia and subsequent analysis. The remaining samples will be delivered before Christmas.
Receipt of the assay results from the first batch of samples is anticipated to occur in January 2024 and, after required validation, will be announced as soon as possible.