How did Kali Metals identify lithium anomalies in the Higginsville District?

$KM1 How did Kali Metals identify lithium anomalies in the Higginsville District?

Kali Metals Discovers High-Grade Lithium in Higginsville Lithium District

Kali Metals Limited has reported significant findings in the Higginsville Lithium District, encompassing the Spargoville and Widgiemooltha Projects. Initial results from soil geochemical surveys and rock chip sampling have uncovered multiple lithium soil anomalies and high-grade lithium rock chip samples, with assays up to 5.05% Li2O.

These findings confirm the presence of Lithium-Cesium-Tantalum (LCT) pegmatites and suggest potential for further mineralization. The company plans to continue its district-scale soil sampling programs and commence a reverse circulation drilling program at Spargoville in the first half of 2024.

Discovery Highlights

Multiple Lithium Anomalies: Field work has identified lithium soil anomalies correlated with existing LCT pegmatite trends.

High-Grade Rock Chip Samples: Assays returned results up to 5.05% Li2O, notably at the Spargoville Project's Flynn-Giles and Parker-Grubb Prospects, and the Widgiemooltha Project's Arc and Wireless Prospects.

Geochemical Survey ... Success: The soil sampling program has proven effective as an exploration tool, revealing potential mineralization extensions under alluvial cover.

Project Insights: Spargoville Project

The Spargoville Project shows a strong correlation between soil anomalies and outcropping LCT pegmatites, with a significant anomaly indicating a potential 2.1-kilometer extension. Further rock chip sampling has highlighted additional high-grade lithium results, prompting plans for an expanded drilling program.

Widgiemooltha Project

Soil sampling at Widgiemooltha has uncovered a large anomaly spanning over 800 meters, suggesting a possible extension of the pegmatite system. High-grade lithium results from rock chip sampling support the potential for significant lithium mineralization.

Forward Strategy

Ongoing Soil Sampling: Kali Metals will continue soil geochemical surveys across all eight prospects within the Higginsville Lithium District throughout 2024.

Drilling Programs: A maiden drilling program at Spargoville is set to commence in the first half of 2024, focusing on known lithium occurrences and expanding exploration along strike and depth.

Further Exploration: Based on the soil and rock chip results, Kali Metals plans to extend exploration to include additional prospective areas as they become available.

Industry Significance

These findings underscore the potential of the Higginsville Lithium District as a significant source of high-grade lithium, crucial for the rapidly growing electric vehicle and renewable energy storage industries. Kali Metals' exploration success highlights the district's potential to contribute significantly to the global lithium supply chain.

Kali Metals' discovery of high-grade lithium in the Higginsville Lithium District marks a promising advancement in lithium exploration within Western Australia. With planned expansions in soil geochemical surveys and upcoming drilling programs, the company is well-positioned to further unlock the district's lithium potential, contributing to the critical minerals sector and supporting the global transition to clean energy.

1 Like