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FIRST LITHIUM LIMITED — Capital/Financing Update 2024
Jan 7, 2024
64921_rns_2024-01-07_534137dc-67aa-4c24-9a66-ae98628d0906.pdf
Capital/Financing Update
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8 January 2024
SIGNIFICANT WIDTHS OF MAIN PEGMATITE BODY INTERSECTED AT DEPTH, FIRST INTERSECTIONS IN THE EASTERN PEGMATITE
HIGHLIGHTS
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1,703.5m from 13 diamond core drill holes have been completed since the last drilling update
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Main, Western and Eastern pegmatite bodies have now been intersected at Blakala
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Holes BDFS20, BDFS21, BDFS23, BDFS26, BDFS28 and BDFS31 intersected a total of over 200m of pegmatite in the western pegmatite body, with intersection widths of up to 19.4m, 7.06m, 21.00m, 7.37m, 11.24m and 16.54m identified
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Holes BDFS24, BDFS25, BDFS27, BDFS29, BDFS30 and BDFS32 are the first holes drilled on the eastern pegmatite, intersecting a total of 116.62m of pegmatite, including well mineralised pegmatite widths of 13.03m, 19.83m, 23.30m, 14.33m, 17.08m and 14.99m respectively
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Hole BDFS22 was drilled on the northern extent of the main pegmatite body, intersecting three pegmatites totalling 34.47m with widths of up to 13.45m and 19.22m
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The strike of the main pegmatite is now confirmed at 1,200m with diamond drilling and is still open to the north, south and at depth
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Hole BDFS20 also intersected the mineralised main pegmatite at depths of 150m to 220m under surface for two pegmatite intersections, being a 19.99m intersection (with 1m of schist) and a 12.11m respectively
First Lithium Ltd (“FL1” or “the Company”) is pleased to announce the completion of the additional diamond drillholes BDFS20 to BDFS32 at the priority 1 Blakala lithium prospect, located on the Gouna permit, Mali, with continued significant spodumene mineralised pegmatite intersected in all holes[1] (Table 1)(Figure 1).
An additional 1,703.5m has been drilled in these 13 holes for a combined total of 4,008.2m of diamond drilling completed as part of the 6,000m Blakala diamond drilling program (ASX:FL1 08/12/23[2] ).
Hole BDFS22 has now extended the main pegmatite body another 80m to the north, while BDFS24, BDFS25, BDFS27, BDFS29, BDFS30 and BDFS32 are the first holes drilled in the eastern pegmatite body and returned very encouraging results with significant widths of pegmatite and the spodumene mineralisation is present for most of the intersected pegmatite[1] .
1This announcement contains references to visual results and visual estimates of mineralisation. FL1 advises there is uncertainty in reporting visual results. Visual estimates of mineral findings should not be considered a substitute for laboratory analysis where concentrations or grades are provided with scientific accuracy. Visual estimates also potentially provide no information regarding impurities or other factors relevant to mineral result valuations. The presence of pegmatite rock does not necessarily indicate the presence of Lithium mineralisation. Laboratory chemical assays are required to determine the grade of mineralisation.
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FIRST LITHIUM LIMITED ACN 009 081 770 (FL1.ASX) https://firstlithium.com.au
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DETAILS
In addition to the pegmatite intersections observed in the 19 drill holes (BDFS01 to BDFS19) at the Blakala prospect (ASX:FL1 08/12/2023[2] ), the high grade analytical results from the first three diamond holes (ASX:FL1 20/12/23[3] ) and the two batches of very high grade analytical results from the outcrop channel sampling (ASX:FL1 04/12/23[4] and ASX:FL1 28/12/23[5] ), diamond holes BDFS20 to BDFS32 have also now been completed (Table 1 and Figure 1).
Holes BDFS20, BDFS21, BDFS23, BDFS26, BDFS28 and BDFS31 were drilled in the western pegmatite body, with hole BDFS20 intersecting two well developed and mineralised pegmatites with intersection widths of 19.4m and 9.76m respectively, as well as intersecting two well mineralised intersections of the main pegmatite body including 19.99m (with 1m of schist) and 12.11m at a depth of 150m to 220m below surface (Table 2). Holes BDFS21, BDFS23, BDFS26, BDFS28 and BDFS31 also intersected significant mineralised pegmatites in the western pegmatite body, with the best developed pegmatite intersection being at 17.11m thickness in BDFS23 (Table 2 and Figure 2).
Hole BDFS22 was drilled on the northern extent of the main pegmatite body, with two pegmatite intersections of 13.45m and 19.22m respectively (Table 2 and Figure 1). The first pegmatite was weathered and spodumene could not be identified, the second was well mineralised. Hole BDFS22 has therefore extended the main pegmatite body further to the north, with the strike of the main pegmatite now confirmed at 1,200m with the diamond drilling completed to date.
BDFS24, BDFS25, BDFS27 and BDFS29, BDFS30 and BDFS32 are the first diamond core holes drilled in the Eastern pegmatite body and returned very encouraging results with significant widths of pegmatite being 13.03m, 19.83m, 23.80m, 14.33m and 14.99m respectively, delivering a total of 116.6m of pegmatite intersected in the initial Eastern hole drilling program (Table 2). The Eastern pegmatites are generally well mineralised with spodumene[1 ] (Table 2; Figures 1 and 2).
FL1 Managing Director, Venkat Padala said “ With the main pegmatite strike further extended and with intersections of well mineralised main pegmatite at depth, the Blakala prospect continues to provide encouraging signs. Drilling has reached approximately 60% of the previously announced program and with more mineralised intersections in the western pegmatite and now the first intersections of the initial drilling in the eastern pegmatite totalling 116.6m, the project not only remains open on strike, but also in width and at depth. ”
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Figure 1: Plan showing Blakala diamond drilling completed to date and pegmatite from surface exposure and drilling intersections
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Figure 2: Blakala diamond drilling intersections highlighting meterage and visual percentage[1 ]
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Table 1 : Drill hole collar table for drill holes BDFS20 to BDFS32.
| Borehole ID |
Easting (m) |
Northing (m) |
Collar RL(m) |
Inclination (deg) |
Azimuth (deg) |
Target Depth(m) |
EOH Depth (m) |
Status | Comment |
|---|---|---|---|---|---|---|---|---|---|
| BDFS20 | 738269 | 1215302 | 364 | -50 | 110 | 300 | 326.5 | Completed | Blakala, West |
| BDFS21 | 738226 | 1215230 | 352 | -50 | 110 | 300 | 146.5 | Completed | Blakala, West |
| BDFS22 | 738584 | 1215664 | 352 | -50 | 110 | 90 | 99 | Completed | Blakala, East |
| BDFS23 | 738183 | 1215177 | 363 | -50 | 110 | 300 | 155.5 | Completed | Blakala, West |
| BDFS24 | 738619 | 1215020 | 346 | -50 | 110 | 75 | 126 | Completed | Blakala, East |
| BDFS25 | 738574 | 1214959 | 351 | -50 | 110 | 75 | 78 | Completed | Blakala, East |
| BDFS26 | 738163 | 1215100 | 358 | -50 | 110 | 90 | 133 | Completed | Blakala, West |
| BDFS27 | 738542 | 1214894 | 352 | -50 | 110 | 75 | 93 | Completed | Blakala, East |
| BDFS28 | 738150 | 1215027 | 354 | -50 | 110 | 90 | 137 | Completed | Blakala, West |
| BDFS29 | 738625 | 1215086 | 359 | -50 | 110 | 75 | 102 | Completed | Blakala, East |
| BDFS30 | 738520 | 121413 | 333 | -50 | 110 | 75 | 90 | Completed | Blakala, East |
| BDFS31 | 738130 | 1214945 | 358 | -50 | 110 | 90 | 115 | Completed | Blakala, West |
| BDFS32 | 738483 | 1214731 | 356 | -50 | 110 | 75 | 102 | Completed | Blakala, East |
Table 2 : Pegmatite intersection information for drill holes BDFS20 to BDFS24.
| Borehole ID |
From (m) |
To (m) | Thickness (m) |
Description | Visually Estimated Spodumene % |
|---|---|---|---|---|---|
| BDFS20 | 12.25 | 16.5 | 4.25 | Saprolite of Pegmatite with no visual spodumene crystals |
0 |
| 16.5 | 35.9 | 19.4 | Coarse grained pegmatite with elongated light green spodumene |
2-10% | |
| 37 | 38.16 | 1.16 | Coarse grained pegmatite with elongated light green spodumene |
10 | |
| 41.32 | 42.31 | 0.99 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
3% | |
| 117.26 | 117.42 | 0.16 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 123.42 | 124.67 | 1.25 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
5% | |
| 126.14 | 135.9 | 9.76 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5-15% | |
| 138.3 | 138.95 | 0.65 | Coarse grained pegmatite with poor spodumene crystals | <2% | |
| 181.97 | 182.15 | 0.18 | Coarse grained pegmatite with no visible spodumene crystals |
0% |
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| 204.2 | 204.96 | 0.76 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
|---|---|---|---|---|---|
| 205.3 | 207.18 | 1.88 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
2-10% | |
| 209.5 | 209.65 | 0.15 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
3-6% | |
| 209.68 | 212.5 | 2.82 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 215.5 | 215.82 | 0.32 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 217 | 217.83 | 0.83 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 218.5 | 228.28 | 9.78 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
2-15% | |
| 229.29 | 239.5 | 10.21 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
5-20% | |
| 240.68 | 240.92 | 0.24 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 251.84 | 251.99 | 0.15 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 294.32 | 294.64 | 0.32 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 298.17 | 310.28 | 12.11 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
1-5% | |
| BDFS21 | 5 | 12.5 | 7.5 | Saprolite of Pegmatite. No visible spodumene. | 0% |
| 12.5 | 19.56 | 7.06 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
10-20% | |
| 51.43 | 55 | 3.57 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 55.82 | 57.2 | 1.38 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 57.45 | 58.5 | 1.05 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 59.38 | 60.75 | 1.37 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 61.67 | 62.02 | 0.35 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 62.9 | 63.55 | 0.65 | Coarse grained pegmatite with poor spodumene crystals | 1-2% |
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| 71 | 71.64 | 0.64 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
|---|---|---|---|---|---|
| BDFS22 | 25 | 38.45 | 13.45 | Saprolite of Pegmatite. No visible spodumene. | 0% |
| 40.2 | 41.9 | 1.7 | Saprolite of Pegmatite. No visible spodumene. | 0% | |
| 41.9 | 61.12 | 19.22 | Coarse grained pegmatite with elongated light green spodumene |
5-20% | |
| BDFS23 | 2 | 23 | 21 | Saprolite of Pegmatite. No visible spodumene. | 0% |
| 93.4 | 93.8 | 0.4 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 95.44 | 112.55 | 17.11 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
5-10% | |
| 115.44 | 115.65 | 0.21 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 120.1 | 121 | 0.9 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
15% | |
| 122.32 | 123.65 | 1.33 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10% | |
| 126.32 | 126.71 | 0.39 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 139.7 | 140.3 | 0.6 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 152.5 | 153.6 | 1.1 | Coarse grained pegmatite with poor spodumene and minor intercalation of schist. |
1-2% | |
| BDFS24 | 20.95 | 33.98 | 13.03 | Coarse grained pegmatite with elongated light green spodumene |
5-20% |
| 34.55 | 34.84 | 0.29 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| BDFS25 | 18 | 18.93 | 0.93 | Coarse grained pegmatite with poor spodumene crystals | 2% |
| 28.1 | 29.22 | 1.12 | Coarse grained pegmatite with light green spodumene | 5% | |
| 30.6 | 50.43 | 19.83 | Coarse grained pegmatite with light green elongated spodumene crystals |
10 - 15 % | |
| 85.92 | 86.33 | 0.41 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| BDFS26 | 87.83 | 95.2 | 7.37 | Coarse grained pegmatite with elongated light green spodumene |
10-12% |
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| 95.83 | 96.38 | 0.55 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10-15% | |
|---|---|---|---|---|---|
| 96.64 | 99.5 | 2.86 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
10-20% | |
| 100 | 101.7 | 1.7 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
10-20% | |
| 101.85 | 102.66 | 0.81 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10-15% | |
| 103 | 104.07 | 1.07 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10-15% | |
| 104.35 | 105.78 | 1.43 | Coarse grained pegmatite with light green spodumene | 5-10% | |
| BDFS27 | 20.8 | 44.1 | 23.3 | Coarse grained pegmatite with light green elongated spodumene crystals |
10 - 15 % |
| 44.23 | 45.04 | 0.81 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 45.12 | 45.24 | 0.12 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 45.9 | 48.67 | 2.77 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
1-5% | |
| 80.37 | 80.71 | 0.34 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| BDFS28 | 45.7 | 56.94 | 11.24 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
5-25% |
| 57.77 | 61.53 | 3.76 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
| 61.9 | 65.62 | 3.72 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
10-20% | |
| BDFS29 | 32.22 | 46.55 | 14.33 | Coarse grained pegmatite with elongated light green spodumene |
5 - 15% |
| 59.55 | 62.4 | 2.85 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
2-5% | |
| 77.73 | 78.04 | 0.31 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 89.61 | 89.74 | 0.13 | Coarse grained pegmatite with no visible spodumene crystals |
0% | |
| 16.92 | 34 | 17.08 | Saprolite of Pegmatite. No visible spodumene. | 0% | |
| BDFS30 | 67.54 | 68.03 | 0.49 | Coarse grained pegmatite and intercalation of greywacke with no visible spodumene crystals |
0% |
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| BDFS31 | 31 | 47.54 | 16.54 | Coarse grained pegmatite with light green, moderate spodumene crystals |
5-10% |
|---|---|---|---|---|---|
| 48.39 | 49.48 | 1.09 | Coarse grained pegmatite with light green, moderate spodumene crystals |
8-10% | |
| 49.53 | 49.76 | 0.23 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
| 50.05 | 53 | 2.95 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
| 107.65 | 108.5 | 0.85 | Schist rock with sub-parallel pegmatite veins inside the core |
0% | |
| BDFS32 | 55.53 | 56.31 | 0.78 | Coarse grained pegmatite with poor spodumene crystals | 2% |
| 61.22 | 64.34 | 3.12 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10% | |
| 65.52 | 80.51 | 14.99 | Coarse grained pegmatite with elongated light green spodumene |
5-20% |
ABOUT FIRST LITHIUM
First Lithium (ASX code: FL1) is at the forefront of lithium exploration and sustainable development, focusing on pioneering projects like Blakala and Faraba in Mali. Our management team has significant in-country experience and specialist advisors with extensive lithium exploration and government relations expertise.
Our commitment goes beyond the pursuit of lithium riches; it’s about powering tomorrow responsibly. We recognise the global demand for lithium and are dedicated to positively impacting local communities while ensuring environmentally sensitive practices.
Ends-
The Board of Directors of First Lithium Ltd authorised this announcement to be given to the ASX.
Further information contact:
Venkatesh Padala Managing Director
T : +61 8 9481 0389 E : [email protected]
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References
2 ASX:FL1 announcement 8/12/23 - Blakala deposit continues to expand with step out drilling. 3 ASX:FL1 announcement 20/12/23 - Significant discovery with 111m @ 1.57% Li2O at Blakala
4 ASX:FL1 announcement 4/12/2023 – High grade average of 1.7% Li2O from first 2 outcrop samples 5 ASX:FL1 announcement 28/12/23 – High grade Li2O results from channel sampling at Blakala.
Competent Persons Statement
Except where indicated, exploration results above have been reviewed and compiled by Mr Kobus Badenhorst, a Competent Person who is a Member of SACNASP and the South African Geological Society (GSSA), with over 25 years of experience in metallic and energy mineral exploration and development, and as such has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Badenhorst is the Managing Director of GeoActiv Dynamic Geological Services and consents to the inclusion of this technical information in the format and context in which it appears.
Cautionary Statement – Visual Estimates[1]
This announcement contains references to visual results and visual estimates of mineralisation. FL1 advises there is uncertainty in reporting visual results. Visual estimates of mineral findings should not be considered a substitute for laboratory analysis where concentrations or grades are provided with scientific accuracy. Visual estimates also potentially provide no information regarding impurities or other factors relevant to mineral result valuations. The presence of pegmatite rock does not necessarily indicate the presence of Lithium mineralisation. Laboratory chemical assays are required to determine the grade of mineralisation.
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Forward-Looking Statements
This announcement contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and uncertainties.
These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place.
Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the Directors and the Company’s management.
The Company cannot and does not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur, and investors are cautioned not to place undue reliance on these forward-looking statements.
The Company has no intention to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this announcement, except where required by law.
These forward-looking statements are subject to various risk factors that could cause the Company’s actual results to differ materially from the results expressed or anticipated in these statements.
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Appendix 1 – Drill Hole collar table : BLAKALA
| Borehole ID |
Easting (m) |
Northing (m) |
Collar RL (m) |
Inclination (deg) |
Azimuth (deg) |
Target Depth (m) |
EOH Depth (m) |
Status | Comment |
|---|---|---|---|---|---|---|---|---|---|
| BDFS01 | 738547 | 1215382 | 354 | -60 | 290 | 68 | 80.7 | Completed | Blakala,Main |
| BDFS02 | 738530 | 1215306 | 357 | -50 | 290 | 98 | 172 | Completed | Blakala,Main |
| BDFS03 | 738476 | 1215241 | 355 | -50 | 290 | 68 | 110 | Completed | Blakala,Main |
| BDFS04 | 738459 | 1215162 | 372 | -50 | 290 | 98 | 117.5 | Completed | Blakala,Main |
| BDFS05 | 738350 | 1215114 | 352 | -50 | 110 | 110 | 116.5 | Completed | Blakala,Main |
| BDFS06 | 738316 | 1215050 | 358 | -50 | 110 | 110 | 121.5 | Completed | Blakala,Main |
| BDFS07 | 738295 | 1214968 | 350 | -50 | 110 | 88 | 104.5 | Completed | Blakala,Main |
| BDFS08 | 738266 | 1214894 | 349 | -50 | 110 | 88 | 89.5 | Completed | Blakala,Main |
| BDFS09 | 738234 | 1214819 | 352 | -50 | 110 | 78 | 89.5 | Completed | Blakala,Main |
| BDFS10 | 738208 | 1214744 | 350 | -50 | 110 | 88 | 83.5 | Completed | Blakala,Main |
| BDFS11 | 738191 | 1214673 | 349 | -50 | 110 | 85 | 98.5 | Completed | Blakala,Main |
| BDFS12 | 738163 | 1214590 | 350 | -50 | 110 | 80 | 119.5 | Completed | Blakala,Main |
| BDFS13 | 738474 | 1215372 | 374 | -50 | 110 | 80 | 92.5 | Completed | Blakala,Main |
| BDFS14 | 738510 | 1215442 | 353 | -50 | 110 | 68 | 110.5 | Completed | Blakala,Main |
| BDFS15 | 738532 | 1215511 | 345 | -50 | 110 | 68 | 71.5 | Completed | Blakala,Main |
| BDFS16 | 738572 | 1215584 | 370 | -50 | 110 | 68 | 86.5 | Completed | Blakala,Main |
| BDFS17 | 738377 | 1215510 | 345 | -50 | 110 | 120 | 215.5 | Completed | Blakala, West/Main |
| BDFS18 | 738346 | 1215440 | 351 | -50 | 110 | 90 | 95.5 | Completed | Blakala,West |
| BDFS19 | 738298 | 1215374 | 360 | -50 | 110 | 100 | 329.5 | Completed | Blakala, West/Main |
| BDFS20 | 738269 | 1215302 | 364 | -50 | 110 | 300 | 326.5 | Completed | Blakala, West |
| BDFS21 | 738226 | 1215230 | 352 | -50 | 110 | 300 | 146.5 | Completed | Blakala, West |
| BDFS22 | 738584 | 1215664 | 352 | -50 | 110 | 90 | 99 | Completed | Blakala,East |
| BDFS23 | 738183 | 1215177 | 363 | -50 | 110 | 300 | 155.5 | Completed | Blakala,West |
| BDFS24 | 738619 | 1215020 | 346 | -50 | 110 | 75 | 126 | Completed | Blakala, East |
| BDFS25 | 738574 | 1214959 | 351 | -50 | 110 | 75 | 78 | Completed | Blakala,East |
| BDFS26 | 738163 | 1215100 | 358 | -50 | 110 | 90 | 133 | Completed | Blakala, West |
| BDFS27 | 738542 | 1214894 | 352 | -50 | 110 | 75 | 93 | Completed | Blakala, East |
| BDFS28 | 738150 | 1215027 | 354 | -50 | 110 | 90 | 137 | Completed | Blakala, West |
| BDFS29 | 738625 | 1215086 | 359 | -50 | 110 | 75 | 102 | Completed | Blakala, East |
| BDFS30 | 738520 | 121413 | 333 | -50 | 110 | 75 | 90 | Completed | Blakala, East |
| BDFS31 | 738130 | 1214945 | 358 | -50 | 110 | 90 | 115 | Completed | Blakala, West |
| BDFS32 | 738483 | 1214731 | 356 | -50 | 110 | 75 | 102 | Completed | Blakala, East |
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– Appendix 2 Visual Estimates of Spodumene Mineralisation: BLAKALA
| Borehole ID |
From (m) |
To (m) | Thickness (m) |
Description | Visually Estimated Spodumene % |
|---|---|---|---|---|---|
| BDFS01 | 11.70 | 12.25 | 0.55 | Coarse grained pegmatite with light green spodumene, partially weathered. |
2% |
| 59.42 | 64.00 | 4.58 | Coarse grained pegmatite with light green spodumene | 5% | |
| 71.70 | 76.75 | 5.05 | Coarse grained pegmatite with elongated whitish spodumene crystals | 2% | |
| BDFS02 | 31.70 | 144.50 | 112.80 | Coarse grained pegmatite with large variations in the content of spodumene along the depth. Spodumene is elongated and light greenish in colour. |
2 - 20% |
| 153.80 | 154.90 | 1.10 | Coarse grained pegmatite with light green spodumene | 2% | |
| 157.10 | 157.60 | 0.50 | Coarse grained pegmatite with elongated whitish spodumene crystals | 5% | |
| 159.60 | 160.70 | 1.10 | Coarse grained pegmatite with elongated whitish spodumene crystals | 2% | |
| BDFS03 | 2.70 | 18.00 | 15.30 | Weathered coarse grained pegmatite with altered spodumene elongated crystals. Highly weathered pegmatite from 2.7 to 8.65 m |
5 - 15% |
| 39.00 | 92.25 | 53.25 | Coarse grained pegmatite with light green spodumene | 5 - 20% | |
| 94.65 | 99.65 | 5.00 | Coarse grained pegmatite with light green whitish spodumene with minor intercalation of schist. |
5 - 10 % | |
| BDFS04 | 21.28 | 26 | 4.72 | Coarse grained pegmatite with whitish green spodumene | 10 - 15% |
| 31.8 | 48.55 | 16.75 | Coarse grained pegmatite with light green spodumene | 10 - 20% | |
| 49.5 | 57 | 7.50 | Coarse grained pegmatite with light green spodumene | 15 - 20 % | |
| 60.58 | 63.94 | 3.36 | Coarse grained pegmatite with light green elongated spodumene | 20% | |
| 65.81 | 68 | 2.19 | Coarse grained pegmatite with light green spodumene | 10% |
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| 68.5 | 70.8 | 2.30 | Coarse grained pegmatite with light green spodumene | 10% | |
|---|---|---|---|---|---|
| 78.04 | 108.5 | 30.46 | Coarse grained pegmatite with light green spodumene | 10 - 20% | |
| BDFS05 | 32.41 | 60.74 | 28.33 | Coarse grained pegmatite with elongated, light green spodumene | 10 - 20% |
| 68.93 | 69.7 | 0.77 | Coarse grained pegmatite with light green spodumene crystals | 3% | |
| 70.14 | 70.46 | 0.32 | Coarse grained pegmatite with light green spodumene crystals | 3% | |
| 73.94 | 74.13 | 0.19 | Coarse grained pegmatite with light green and poor spodumene crystals |
3% | |
| 74.38 | 77.94 | 3.56 | Coarse grained pegmatite with light green spodumene crystals | 3 - 15% | |
| 78.2 | 97.29 | 19.09 | Coarse grained pegmatite with light green elongated spodumene crystals |
10 - 20 % | |
| BDFS06 | 26.64 | 55.63 | 28.99 | Coarse grained pegmatite with light green elongated spodumene crystals |
10 - 20 % |
| 57.45 | 57.74 | 0.29 | Coarse grained pegmatite with whitish green spodumene | 10% | |
| 81.3 | 83.2 | 1.90 | Coarse grained pegmatite with light green spodumene | 15% | |
| 83.56 | 86.6 | 3.04 | Coarse grained pegmatite with light green spodumene | 10% | |
| 91 | 92.38 | 1.38 | Coarse grained pegmatite with light green spodumene | 5% | |
| 94.85 | 99.54 | 4.69 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 100.68 | 101.01 | 0.33 | Coarse grained Pegmatite with poor content of spodumene | 2% | |
| 113.43 | 114.71 | 1.28 | Coarse grained pegmatite with light green spodumene | 10% | |
| BDFS07 | 19.8 | 30.33 | 10.53 | Coarse grained pegmatite with elongated light green spodumene | 2 - 15% |
| 33.64 | 33.83 | 0.19 | Coarse grained pegmatite with light green , poor spodumene crystals | 1% | |
| 35.73 | 35.88 | 0.15 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 36.04 | 36.2 | 0.16 | Coarse grained pegmatite with light green , poor spodumene crystals | 1% |
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| 44.51 | 54.1 | 9.59 | Coarse grained pegmatite with poor spodumene crystals | 10 - 15% | |
|---|---|---|---|---|---|
| 54.25 | 59.5 | 5.25 | Coarse grained pegmatite with elongated light green spodumene | 10% | |
| 62.93 | 64.77 | 1.84 | Coarse grained pegmatite with light green spodumene | < 5% | |
| 67.7 | 71.35 | 3.65 | Coarse grained pegmatite with light green spodumene | 10 - 20% | |
| 72.9 | 73.35 | 0.45 | Coarse grained pegmatite with light green , sparse spodumene | < 5% | |
| 91.35 | 93.25 | 1.90 | Coarse grained pegmatite with light green, spodumene crystals | 10% | |
| BDFS08 | 24.1 | 41.67 | 17.57 | Coarse grained pegmatite with light green spodumene | 10 - 20% |
| 42.9 | 47.27 | 4.37 | Coarse grained pegmatite with light green elongated spodumene crystals |
10% | |
| 47.66 | 48.9 | 1.24 | Coarse grained pegmatite with light green elongated spodumene crystals |
10% | |
| 49.38 | 52.08 | 2.70 | Coarse grained pegmatite with light green elongated spodumene crystals |
15% | |
| 52.48 | 63.8 | 11.32 | Coarse grained pegmatite with light green elongated spodumene crystals |
5 - 15 % | |
| 66.85 | 66.97 | 0.12 | Coarse grained pegmatite with light green , sparse spodumene crystals |
<3% | |
| 67.04 | 67.2 | 0.16 | Coarse grained pegmatite with sparse spodumene crystals | <3% | |
| 68.7 | 69.08 | 0.38 | Coarse grained pegmatite with poor spodumene crystals | <3% | |
| BDFS09 | 22.8 | 43.93 | 21.13 | Coarse grained pegmatite with elongated light green moderate spodumene |
10 - 15% |
| 45.11 | 45.21 | 0.10 | Coarse grained pegmatite with poor spodumene crystals | 3% | |
| 45.44 | 56.6 | 11.16 | Coarse grained pegmatite with greenish spodumene crystals | 10% | |
| 57 | 57.65 | 0.65 | Coarse grained pegmatite with no visible spodumene. | 0% | |
| 61.1 | 71.86 | 10.76 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
5-7% | |
| BDFS10 | 30.45 | 38.66 | 8.21 | Coarse grained pegmatite with greenish, moderate spodumene crystals |
<10% |
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| 40.07 | 56.97 | 16.90 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
|---|---|---|---|---|---|
| 60.05 | 65.4 | 5.35 | Coarse grained pegmatite with greenish, moderate spodumene crystals |
10-12% | |
| 66.1 | 66.52 | 0.42 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| BDFS11 | 19.33 | 19.5 | 0.17 | Coarse grained pegmatite with no visible spodumene crystals | 0% |
| 34 | 37.8 | 3.80 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
| 38.12 | 61.03 | 22.91 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
| 64.6 | 65.58 | 0.98 | Coarse grained pegmatite with light green, poor spodumene crystals | 2% | |
| 73.1 | 74.8 | 1.70 | Coarse grained pegmatite with light green, poor spodumene crystals | 2-3% | |
| 82.5 | 83.5 | 1.00 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| BDFS12 | 79 | 83.35 | 4.35 | Coarse grain Pegmatite with light green, very minor spodumene crystals |
1-2% |
| 87.03 | 98.7 | 11.67 | Coarse grain pegmatite with light green, elongated spodumene crystals |
10-15% | |
| 113.1 | 113.5 | 0.4 | Pegmatite with no visible spodumene | 0% | |
| 114.02 | 115.02 | 1 | Coarse grained pegmatite with light green, medium spodumene crystals |
10% | |
| BDFS13 | 15.6 | 53.86 | 38.26 | Coarse grained pegmatite with elongated spodumene crystals | 15% |
| 55.66 | 57.4 | 1.74 | Coarse grained pegmatite, with moderate spodumene crystals | 10-12% | |
| 57.95 | 58.8 | 0.85 | Coarse grained pegmatite with little spodumene | <5% | |
| 62.5 | 72.4 | 9.9 | Coarse grained pegmatite with light green, little spodumene | 5-8% | |
| 72.68 | 73.86 | 1.18 | Coarse grained pegmatite with minor spodumene crystals | 2% | |
| BDFS14 | 14.25 | 15.5 | 1.25 | Coarse grained pegmatite with light green, moderate spodumene crystals |
3-6% |
| 18.12 | 36.12 | 18 | Coarse grained pegmatite with light green, elongated spodumene crystals |
15-20% |
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| 38 | 40.82 | 2.82 | Coarse grained pegmatite with minor spodumene crystals | 0-1% | |
|---|---|---|---|---|---|
| 45.83 | 49.31 | 3.48 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 54.42 | 61.12 | 6.7 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 81.4 | 82.35 | 0.95 | Coarse grained pegmatite with light green, minor spodumene crystals | 1-2% | |
| 85.08 | 86.16 | 1.08 | Coarse grained pegmatite with light green, minor spodumene crystals | 1% | |
| 86.34 | 92.18 | 5.84 | Coarse grained pegmatite with light green, moderate spodumene crystals |
1-5% | |
| BDFS15 | 4 | 9.13 | 5.13 | Saprolite of Pegmatite. No visible spodumene. | 0 |
| 15.33 | 20.26 | 4.93 | Saprolite of Pegmatite. No visible spodumene. | 0 | |
| 23 | 26.8 | 3.8 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5-8% | |
| 27.34 | 28.09 | 0.75 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5% | |
| 28.69 | 29.02 | 0.33 | Coarse grained pegmatite with light green, Minor spodumene crystals |
3% | |
| 29.35 | 38 | 8.65 | Coarse grained pegmatite with light green, abundant spodumene crystals |
15% | |
| 39 | 39.67 | 0.67 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
8% | |
| 40.7 | 51.1 | 10.4 | Coarse grained pegmatite with light green, spodumene crystals | 10-15% | |
| BDFS16 | 5 | 5.46 | 0.46 | Saprolite of Pegmatite. No visible spodumene. | 0% |
| 8.1 | 12.5 | 4.4 | Saprolite of Pegmatite. No visible spodumene. | 0% | |
| 15 | 29 | 14 | Saprolite of Pegmatite. No visible spodumene. | 0% | |
| 29 | 45.4 | 16.4 | Coarse grained pegmatite with light green, spodumene crystals | 10-15% | |
| 56.74 | 57.16 | 0.42 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 59.98 | 61.09 | 1.11 | Coarse grained pegmatite with no visible spodumene crystals | 0% |
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| 63.63 | 66.71 | 3.08 | Coarse grained pegmatite with light green, spodumene crystals | 10-15% | |
|---|---|---|---|---|---|
| BDFS17 | 48.05 | 48.98 | 0.93 | Coarse grained pegmatite with no visible spodumene crystals | 0% |
| 50.58 | 76.55 | 25.97 | Coarse grained pegmatite with light green, abundant spodumene crystals |
10-20% | |
| 76.77 | 82.3 | 5.53 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
8-10% | |
| 84.22 | 84.92 | 0.7 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 88.1 | 91.9 | 3.8 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5-8% | |
| 137.57 | 137.92 | 0.35 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 169.35 | 169.7 | 0.35 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 169.92 | 170.28 | 0.36 | Coarse grained pegmatite with minor visible spodumene crystals | 2% | |
| 173.73 | 187.46 | 13.73 | Coarse grained pegmatite with light green, spodumene crystals | 10-15% | |
| 187.56 | 201.98 | 14.42 | Coarse grained pegmatite with minor visible spodumene crystals | 0-1% | |
| BDFS18 | 14.55 | 18.01 | 3.46 | Saprolite of Pegmatite with minor spodumene crystals | 0-3% |
| 23.28 | 33.87 | 10.59 | Coarse grained pegmatite with light green, spodumene crystals | 12-15% | |
| 45.67 | 48.1 | 2.43 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5-10% | |
| 59.82 | 78.08 | 18.26 | Coarse grained pegmatite with light green, abundant spodumene crystals |
15% | |
| BDFS19 | 22.07 | 51.66 | 29.59 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5-15% |
| 53.28 | 54.01 | 0.73 | Coarse grained pegmatite with light green, poor spodumene crystals | 1% | |
| 93.98 | 106.04 | 12.06 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10% | |
| 123.04 | 127.27 | 4.23 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5-10% | |
| 140.7 | 141.1 | 0.4 | Coarse grained pegmatite with light green, poor spodumene crystals | 1% |
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| 149.9 | 150.23 | 0.33 | Coarse grained pegmatite with no visible spodumene crystals | 0 | |
|---|---|---|---|---|---|
| 196.87 | 197.32 | 0.45 | Coarse grained pegmatite with no visible spodumene crystals | 0 | |
| 201.45 | 203.81 | 2.36 | Coarse grained pegmatite with light green, poor spodumene crystals | 1% | |
| 208.63 | 228.1 | 19.47 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5% | |
| 244.03 | 244.67 | 0.64 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 293.8 | 301.8 | 8 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 302.97 | 311.81 | 8.84 | Coarse grained pegmatite with very poor spodumene crystals | 0-1% | |
| 321.49 | 322.5 | 1.01 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 324.2 | 325.55 | 1.35 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| BDFS20 | 12.25 | 16.5 | 4.25 | Saprolite of Pegmatite with no visual spodumene crystals | 0 |
| 16.5 | 35.9 | 19.4 | Coarse grained pegmatite with elongated light green spodumene | 2-10% | |
| 37 | 38.16 | 1.16 | Coarse grained pegmatite with elongated light green spodumene | 10 | |
| 41.32 | 42.31 | 0.99 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
3% | |
| 117.26 | 117.42 | 0.16 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 123.42 | 124.67 | 1.25 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
5% | |
| 126.14 | 135.9 | 9.76 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
5-15% | |
| 138.3 | 138.95 | 0.65 | Coarse grained pegmatite with poor spodumene crystals | <2% | |
| 181.97 | 182.15 | 0.18 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 204.2 | 204.96 | 0.76 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 205.3 | 207.18 | 1.88 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
2-10% |
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| 209.5 | 209.65 | 0.15 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
3-6% | |
|---|---|---|---|---|---|
| 209.68 | 212.5 | 2.82 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 215.5 | 215.82 | 0.32 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 217 | 217.83 | 0.83 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 218.5 | 228.28 | 9.78 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
2-15% | |
| 229.29 | 239.5 | 10.21 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
5-20% | |
| 240.68 | 240.92 | 0.24 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 251.84 | 251.99 | 0.15 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 294.32 | 294.64 | 0.32 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 298.17 | 310.28 | 12.11 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
1-5% | |
| BDFS21 | 5 | 12.5 | 7.5 | Saprolite of Pegmatite. No visible spodumene. | 0% |
| 12.5 | 19.56 | 7.06 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
10-20% | |
| 51.43 | 55 | 3.57 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 55.82 | 57.2 | 1.38 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 57.45 | 58.5 | 1.05 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 59.38 | 60.75 | 1.37 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 61.67 | 62.02 | 0.35 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 62.9 | 63.55 | 0.65 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 71 | 71.64 | 0.64 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| BDFS22 | 25 | 38.45 | 13.45 | Saprolite of Pegmatite. No visible spodumene. | 0% |
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| 40.2 | 41.9 | 1.7 | Saprolite of Pegmatite. No visible spodumene. | 0% | |
|---|---|---|---|---|---|
| 41.9 | 61.12 | 19.22 | Coarse grained pegmatite with elongated light green spodumene | 5-20% | |
| BDFS23 | 2 | 23 | 21 | Saprolite of Pegmatite. No visible spodumene. | 0% |
| 93.4 | 93.8 | 0.4 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 95.44 | 112.55 | 17.11 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
5-10% | |
| 115.44 | 115.65 | 0.21 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 120.1 | 121 | 0.9 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
15% | |
| 122.32 | 123.65 | 1.33 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10% | |
| 126.32 | 126.71 | 0.39 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 139.7 | 140.3 | 0.6 | Coarse grained pegmatite with poor spodumene crystals | 1-2% | |
| 152.5 | 153.6 | 1.1 | Coarse grained pegmatite with poor spodumene and minor intercalation of schist. |
1-2% | |
| BDFS24 | 20.95 | 33.98 | 13.03 | Coarse grained pegmatite with elongated light green spodumene | 5-20% |
| 34.55 | 34.84 | 0.29 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| BDFS25 | 18 | 18.93 | 0.93 | Coarse grained pegmatite with poor spodumene crystals | 2% |
| 28.1 | 29.22 | 1.12 | Coarse grained pegmatite with light green spodumene | 5% | |
| 30.6 | 50.43 | 19.83 | Coarse grained pegmatite with light green elongated spodumene crystals |
10 - 15 % | |
| BDFS26 | 85.92 | 86.33 | 0.41 | Coarse grained pegmatite with no visible spodumene crystals | 0% |
| 87.83 | 95.2 | 7.37 | Coarse grained pegmatite with elongated light green spodumene | 10-12% | |
| 95.83 | 96.38 | 0.55 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10-15% | |
| 96.64 | 99.5 | 2.86 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
10-20% |
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| 100 | 101.7 | 1.7 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
10-20% | |
|---|---|---|---|---|---|
| 101.85 | 102.66 | 0.81 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10-15% | |
| 103 | 104.07 | 1.07 | Coarse grained pegmatite with light green, Moderate spodumene crystals |
10-15% | |
| 104.35 | 105.78 | 1.43 | Coarse grained pegmatite with light green spodumene | 5-10% | |
| BDFS27 | 20.8 | 44.1 | 23.3 | Coarse grained pegmatite with light green elongated spodumene crystals |
10 - 15 % |
| 44.23 | 45.04 | 0.81 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 45.12 | 45.24 | 0.12 | Coarse grained pegmatite with poor spodumene crystals | 1% | |
| 45.9 | 48.67 | 2.77 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
1-5% | |
| 80.37 | 80.71 | 0.34 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| BDFS28 | 45.7 | 56.94 | 11.24 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
5-25% |
| 57.77 | 61.53 | 3.76 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
| 61.9 | 65.62 | 3.72 | Coarse grained pegmatite with light green, moderate to abundant spodumene crystals |
10-20% | |
| BDFS29 | 32.22 | 46.55 | 14.33 | Coarse grained pegmatite with elongated light green spodumene | 5 - 15% |
| 59.55 | 62.4 | 2.85 | Coarse grained pegmatite with light green, poor to moderate spodumene crystals |
2-5% | |
| 77.73 | 78.04 | 0.31 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| 89.61 | 89.74 | 0.13 | Coarse grained pegmatite with no visible spodumene crystals | 0% | |
| BDFS30 | 16.92 | 34 | 17.08 | Saprolite of Pegmatite. No visible spodumene. | 0% |
| 67.54 | 68.03 | 0.49 | Coarse grained pegmatite and intercalation of greywacke with no visible spodumene crystals |
0% | |
| 31 | 47.54 | 16.54 | Coarse grained pegmatite with light green, moderate spodumene crystals |
5-10% | |
| BDFS31 | 48.39 | 49.48 | 1.09 | Coarse grained pegmatite with light green, moderate spodumene crystals |
8-10% |
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ASX ANNOUNCEMENT
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| 49.53 | 49.76 | 0.23 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
|---|---|---|---|---|---|
| 50.05 | 53 | 2.95 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10-15% | |
| 107.65 | 108.5 | 0.85 | Schist rock with sub-parallel pegmatite veins inside the core | 0% | |
| BDFS32 | 55.53 | 56.31 | 0.78 | Coarse grained pegmatite with poor spodumene crystals | 2% |
| 61.22 | 64.34 | 3.12 | Coarse grained pegmatite with light green, moderate spodumene crystals |
10% | |
| 65.52 | 80.51 | 14.99 | Coarse grained pegmatite with elongated light green spodumene | 5-20% |
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Appendix 1
JORC Code, 2012 Edition – Table 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria JORC Code explanation Commentary |
Criteria JORC Code explanation Commentary |
|---|---|
| Sampling techniques • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. • • • • |
Diamond drilling at Blakala Prospect Diamond drilling of fourteen holes (BDFS20 to BDFS32), HQ and NQ2 core size was used to obtain core for sampling and analysis. All logging and sampling took place according to detailed Standard Procedure documents. The core was first accurately fitted to the orientation line (bottom of hole) of the orientated core accurately drawn with a permanent paint marker; logging took place using the orientation line, and sampling was then marked on the retention portion of the core. Sampling still to take place, with ½ core sampling to happen. |
| Drilling techniques • Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). • • |
Fourteen Diamond wireline drillholes of HQ and NQ2 core size of a planned 6,000m drilling program took place at Blakala Prospect. The drill core was downhole orientated using the electronic REFLEX ACT III tool; a core orientation line was marked for all geological and sampling depth information. |
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| Criteria | Criteria | JORC Code explanation | Commentary |
|---|---|---|---|
| •Diamond drilling is considered a standard industry drilling technique for | |||
| vein or pegmatite deposits. | |||
| •The drilling rig used was a YS1500 with a Cummins QSB 6.7 engine. | |||
| Diamond drill rods used were 3m long. | |||
| •The first hole was inclined at -60°, the second at -50°. | |||
| •The drilling onsite is governed by a Daimond Drilling Guideline to | |||
| ensure consistency in application of the method between geologists | |||
| and drillers. | |||
| Drill | sample | • Method of recording and assessing core and chip sample recoveries |
•Drill sample recovery is monitored by measuring and recording the total |
| recovery | and results assessed. | core recovery on a drill run basis for the entire hole. | |
| • Measures taken to maximise sample recovery and ensure | •Core recovery data is entered into the project drillhole database. |
||
| representative nature of the samples. | •RQD data is collected and core recoveries and associated RQD % for | ||
| • Whether a relationship exists between sample recovery and grade and | runs studied, where 100% recovery not obtained. |
||
| whether sample bias may have occurred due to preferential loss/gain | •Very good recovery and generally solid core was found in the 14 |
||
| of fine/coarse material. | drillholes. | ||
| Logging | • Whether core and chip samples have been geologically and | •Core logging took place only after careful fitting of all core, followed by |
|
| geotechnically logged to a level of detail to support appropriate Mineral | the orientation of the core from the Reflex orientation data, followed by |
||
| Resource estimation, mining studies and metallurgical studies. | core recovery and RQD data collection. | ||
| • Whether logging is qualitative or quantitative in nature. Core (or | •Detailed and appropriate lithological, structural and weathering logging |
||
| _costean, channel, etc) photography. _ | tookplace onthefullcore using the orientation linefor interval |
2
| Criteria JORC Code explanation Commentary |
Criteria JORC Code explanation Commentary |
|---|---|
| • The total length and percentage of the relevant intersections logged. • • |
measurements. All logging data is entered into the project drillhole database. Sampling stillto take place. |
| Sub-sampling techniques and sample preparation • If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the grain size of the material being sampled. • • |
Diamond drilling at Blakala Prospect All spodumene mineralised portions of the core will be sampled, sampling of the 14 holes are ongoing. Bulk Density via wet-dry Archimedes technique will take place after sampling on site. |
| Quality of assay data and laboratory tests • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. • |
Diamond drilling at Blakala Prospect Sampling of holes ongoing, no analytical results to report yet on these holes. |
| Verification of sampling and assaying • The verification of significant intersections by either independent or alternative company personnel. • The use of twinned holes. • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. Discuss any adjustment to assay data. • • • • |
On site logging took place with experienced geologists, and a senior company geologist checking all the logging being undertaken. A senior GeoActiv Pty Ltd geologist observed the logging and some of the pegmatite intersections. The geological field data is manually transcribed into a master Microsoft Excel spreadsheet which is appropriate for this stage in the exploration program. The raw field data is checked in the Microsoft Excel format first to identify any obvious errors or outlier data. The data is then imported into a Microsoft Access database where it is subjected to various validation queries. |
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| Criteria | JORC Code explanation | Commentary | |
|---|---|---|---|
| Location | of | •Accuracy and quality of surveys used to locate drill holes (collar and |
•Sample locations were recorded using a hand held GPS. |
| data points | down-hole surveys), trenches, mine workings and other locations used | ||
| in Mineral Resource estimation. | |||
| •Specification of the grid system used. | |||
| •Quality and adequacy of topographic control. | |||
| Data spacing | • Data spacing for reporting of Exploration Results. |
•Drilling will take place in phases, the current inter-drillhole spacing is | |
| and | 80m, this spacing will be filled in during follow-up drilling phases. | ||
| distribution | •Whether the data spacing and distribution is sufficient to establish the | ||
| degree of geological and grade continuity appropriate for the Mineral | |||
| Resource and Ore Reserve estimation procedure(s) and classifications | |||
| applied. | |||
| •Whether sample compositing has been applied_._ | |||
| Orientation | of | •Whether the orientation of sampling achieves unbiased sampling of |
•N/A |
| data | in | possible structures and the extent to which this is known, considering |
|
| relation geological structure |
to | the deposit type. •If the relationship between the drilling orientation and the orientation of |
|
| key mineralised structures is considered to have introduced a sampling | |||
| bias, this should be assessed and reported if material. |
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Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria JORC Code explanation Commentary |
Criteria JORC Code explanation Commentary |
|---|---|
| Mineral tenement and land tenure status • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. • |
Permits for the Mali Lithium project are in their first renewal period granted by the original Mali decree “Order No. 2022-0276/MMEE-SG” (Blakala Prospect permit) and “Order No. 2022-0275/MMEE-SG” (Gouna permit). Both permits are valid for the exploration of Group 3 elements (Li, Co, Cr, Nb, Ni, PGE, REE, Sn, Ta, Ti, V, W and Zr) and are considered early stage Li exploration projects. |
| Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • • • • |
Historic exploration work was completed by Russian geologists during 1963-64. Geological prospecting was carried out in the central part of the Bougouni pegmatite field. The Company has obtained the digital data in relation to this historic information. The historic data comprises mapping, and 2 diamond drillholes on the Farba licence. The historic results have not been reported.. |
| Geology • Deposit type, geological setting and style of mineralisation. • • |
Blakala Prospect Blakala prospect in the Gouna licence is Palaeo-Proterozoic in age. The regional lithological assemblages comprise of felsic intrusives such as granite, granodiorites, and schists of variable composition and laterite. The schists have a metasedimentary origin with coarse grains of quartz and mica, which have been subjected to multiple deformations to form schists. The pegmatites are a pale greyish-white colour, fresh hand specimen shows a whitish-earthy matrix of feldspar with phenocrysts of spodumene, quartz and muscovite. The pegmatites have a varied width from a few centimetres to up to 45 meters where the two separate pegmatite bands merge together. |
| Drill hole Information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collaro elevation or RL (Reduced Level – elevation above sea level inmetres) of the drill hole collar o dip and azimuth of the hole• |
Summary drill hole information is presented in the body of the text in Table 1. |
5
| Criteria | JORC Code explanation | Commentary | |
|---|---|---|---|
o down hole length and interception depth |
|||
o hole length. |
|||
| • If the exclusion of this information is justified on the basis that the | |||
| information is not Material and this exclusion does not detract from the | |||
| understanding of the report, the Competent Person should clearly | |||
| _explain why this is the case. _ | |||
| Data | • In reporting Exploration Results, weighting averaging techniques, | •NA, sampling still to take place |
|
| aggregation | maximum and/or minimum grade truncations (eg cutting of high | ||
| methods | grades) and cut-off grades are usually Material and should be stated. | ||
| • Where aggregate intercepts incorporate short lengths of high grade | |||
| results and longer lengths of low grade results, the procedure used for | |||
| such aggregation should be stated and some typical examples of such | |||
| aggregations should be shown in detail. | |||
| • The assumptions used for any reporting of metal equivalent values | |||
| should be clearly stated. | |||
| Relationship | • These relationships are particularly important in the reporting of | •The pegmatites generally dip at -80° to the west. The 14 diamond |
|
| between | Exploration Results. | holes are drilled perpendicular to the general strike of the pegmatite | |
| mineralisation | • If the geometry of the mineralisation with respect to the drill hole angle |
bodies, at a dip of -50°. |
|
| widths | and | is known, its nature should be reported. |
•Downhole widths are reported. |
| intercept | • If it is not known and only the down hole lengths are reported, there | ||
| lengths | should be a clear statement to this effect (eg ‘down hole length, true | ||
| _width not known’). _ | |||
| Diagrams | • Appropriate maps and sections (with scales) and tabulations of | •Figures are displayed in the main text. |
|
| intercepts should be included for any significant discovery being | |||
| reported These should include, but not be limited to a plan view of drill | |||
| _hole collar locations and appropriate sectional views. _ | |||
| Balanced | • Where comprehensive reporting of all Exploration Results is not | •NA |
|
| reporting | practicable, representative reporting of both low and high grades | ||
| and/or widths should be practiced to avoid misleading reporting of | |||
| _Exploration Results. _ | |||
| Other | • Other exploration data, if meaningful and material, should be reported | •No other material exploration information has been gathered by the |
|
| substantive | _including (but not limited to): geological observations; geophysical _ |
6
| Criteria JORC Code explanation Commentary |
Criteria JORC Code explanation Commentary |
|---|---|
| exploration data survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential _deleterious or contaminating substances. _ |
Company. |
| Further work • The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling). • Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. • • • |
Blakala Prospect A 6,000m drilling program is taking place, with thirty two (32) holes now completed. Drilling to be done in phases with initial drilling c 25m from the outcrop and holes 80m apart, follow up phases will infill this drilling and also drill deper vertical depth intersections Additional trenching and trench sampling is taking place. |
7