{"id":3561,"date":"2023-12-21T00:00:53","date_gmt":"2023-12-21T00:00:53","guid":{"rendered":"https:\/\/economicherald.net\/?p=3561"},"modified":"2023-12-21T00:00:53","modified_gmt":"2023-12-21T00:00:53","slug":"krakatoa-resources-ponders-what-lies-underneath-king-tambas-3km-long-mineralised-corridor","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=3561","title":{"rendered":"Krakatoa Resources ponders what lies underneath King Tamba\u2019s 3km-long mineralised corridor"},"content":{"rendered":"

Phase 2 drilling of King Tamba is 75% complete
\n20 out of 27 holes so far have intersected pegmatites
\nKing Tamba contains a 3km-long mineralised corridor<\/p>\n

\u00a0<\/p>\n

Special Report<\/em><\/strong>: Phase 2 exploration at Krakatoa Resources\u2019 King Tamba lithium project in WA\u2019s Mid West is 75% complete \u2013 and so far has drilled into multiple pegmatites with thick intersections up to 39m in width downhole.<\/strong><\/p>\n

Krakatoa Resources\u2019 (ASX:KTA)<\/strong><\/a> King Tamba was once seen as a tantalum project \u2013 and even a rubidium play following the identification of a 5Mt resource grading 0.14% Rb \u2013 yet further exploration work has since proven the project\u2019s lithium credits are worth chasing.<\/p>\n

King Tamba contains a 3km-long mineralised corridor with \u201cvery high, elevated soil samples of lithium, caesium, tantalum, rubidium and niobium\u201d, and KTA\u2019s current Phase 2 drilling program is delving underneath the soil anomaly to prove up the endowment.<\/p>\n

\u00a0<\/strong><\/p>\n

Phase 2 continues<\/strong><\/h2>\n

Some 27 holes for 3938m of a planned 49-hole, 6000m Phase 2 exploration drill program have been completed to date, striking into multiple pegmatites with intersections up to 39m downhole-width at the ex-tantalum mine.<\/p>\n

Hole depths for the campaign so far have ranged from 134-198m, with an average of 145m, with 20 out of 27 holes have intersected pegmatites hosted in a mixture of dolerite and fine-grained metasediments.<\/p>\n

KTA says the pegmatites showed variable proportions of quartz, feldspar and mica, along with traces of accessory minerals such as fluorite and tourmaline in places \u2013 all the hallmarks of fractionated igneous rocks associated with lithium-caesium-tantalum (LCT) pegmatites.<\/p>\n

Drill collar locations at the King Tamba project. Source: KTA<\/p>\n

Significant pegmatites have been intersected in multiple drill holes so far, including a 39m thick unit from 123m depth in hole DAL069, 34m thickness from 91m in DAL062 and 18m from surface in DAL068.<\/p>\n

Two batches totalling 788 drilling samples have been delivered to the lab over the course of the program and are awaiting assay.<\/p>\n

The remaining 22 holes will be drilled in January after the Christmas break.<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with Krakatoa Resources, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n

\u00a0<\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Krakatoa Resources ponders what lies underneath King Tamba\u2019s 3km-long mineralised corridor<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Phase 2 drilling of King Tamba is 75% complete 20 out of 27 holes so far have intersected pegmatites King Tamba contains a 3km-long mineralised [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":3562,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nKrakatoa Resources ponders what lies underneath King Tamba\u2019s 3km-long mineralised corridor - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=3561\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Krakatoa Resources ponders what lies underneath King Tamba\u2019s 3km-long mineralised corridor - 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