Exploration firm Firering Strategic Minerals (FSM) says it has acquired a optimistic last set of assay outcomes from its maiden scout diamond drill programme at its flagship Atex lithium/tantalum undertaking, in Côte d’Ivoire.
“Our maiden scout drilling marketing campaign has been profitable, confirming the continuity of the seen floor lithium-bearing pegmatites beneath floor, with seen spodumene interceptions confirmed by means of the laboratory assays in a number of drill holes throughout our licence space.
“There have been a number of vital intercepts all through our part one scout drilling marketing campaign, together with one distinctive intercept of 64 m intercept at 1.24% lithium dioxide in gap TVDD0004 introduced final month, which ranked among the many world’s prime 5 drill hits in October,” outlines CE Yuval Cohen.
“Our last assay outcomes from our drilling marketing campaign haven’t disillusioned, with extra vital intercepts, together with 25 m, grading 1.39% lithium oxide recognized. These intercepts once more affirm the presence of lithium in our pegmatite system,” he provides.
The second part of exploration is anticipated to start out within the first quarter of 2023 with the technical help from Ricca Assets following its $18.6-million funding to advance Atex to definitive feasibility examine (DFS) stage.
Plans embody speedy starting in January of a large-scale soil sampling programme masking a ten km by 5 km space west of the massive pegmatite zones already recognized within the Atex licence.
The enlarged geochemical footprint will help in figuring out new targets for the following part of auger, reverse circulation and diamond drilling deliberate for the second half of 2023.