Woomera Mining Limited
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Why is Woomera Mining Venturing into Auger Sampling at Ravensthorpe?
Unveiling the Exploration Frontier: Woomera's Auger Sampling Initiative
Woomera Mining Limited (ASX: WML), in a bold stride towards lithium exploration, has initiated an auger sampling program aimed at unearthing buried LCT pegmatites within the confines of the Mt Short JV Project.
This ambitious endeavor encompasses the Ravensthorpe Li Projects, integrating the Mt Short JV and the 100%-owned Mt Cattlin tenement, strategically situated in lithium-prospective stratigraphy north of Allkem’s Mt Cattlin Li Mine, marking a significant region of lithium prospects (refer to Figure 1).
Auger Sampling Unveils Lithium Potential
The commencement of the auger sampling initiative is a meticulously designed strategy aiming to delve into shallow covered greenstone sequences. The sampling will be conducted over a grid of approximately 400 x 50 meters, totaling approximately 1400 samples, with the primary goal of uncovering potential pegmatite-hosted lithium deposits. This intricate process stands as a pivotal step in Woomera's quest to unveil concealed lithium-rich formations within the region (refer to Figure 2).
Mobilizing for Drilling Endeavors
In tandem with the auger sampling initiative, Woomera is swiftly mobilizing a Reverse Circulation (RC) drill rig, slated to commence drilling at the advent of December. This proactive approach aligns with the company's comprehensive strategy, with approximately 3000 meters of RC drilling planned.
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The drilling will target auger-detected lithium anomalies identified earlier this year within the 100% owned Mt Cattlin Project. Moreover, it aims to revisit historical pegmatite intersections within the Mt Short JV tenure, where Woomera holds a potential equity interest of up to 70% through its Farm-in and JV agreement with Anax Metals Limited (ASX: ANX), as outlined in ASX releases dated August 14, 2023.
Navigating the Lithium Landscape: Woomera's Vision
This exploration venture symbolizes Woomera Mining's unwavering commitment to pioneering new frontiers in lithium exploration. The company's strategic approach, characterized by meticulous sampling and targeted drilling, reflects a determination to unravel the hidden potential of lithium deposits within the Ravensthorpe region.
With a comprehensive plan in place, bolstered by strategic alliances and historical insights, Woomera positions itself at the forefront of lithium exploration, poised to make significant strides in unlocking the untapped lithium resources concealed beneath the surface.
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