{"id":5366,"date":"2024-02-05T04:17:43","date_gmt":"2024-02-05T04:17:43","guid":{"rendered":"https:\/\/economicherald.net\/?p=5366"},"modified":"2024-02-05T04:17:43","modified_gmt":"2024-02-05T04:17:43","slug":"first-lithiums-high-grade-western-pegmatite-drill-hits-another-clue-into-blakalas-lithium-potential","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=5366","title":{"rendered":"First Lithium\u2019s high grade Western Pegmatite drill hits another clue into Blakala\u2019s lithium potential"},"content":{"rendered":"<p>High grade drill intersections validate Western Pegmatite body as a significant lithium discovery<br \/>\nDrilling also extends mineralised strike of the Main Pegmatite to &gt;1,000m<br \/>\nFirst Lithium says results show how abundant lithium is in this region<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report:<\/em> High-grade Initial assays from drilling at the Western Pegmatite body has increased the extent of lithium mineralisation at First Lithium\u2019s highly-prospective Blakala prospect in Mali.<\/strong><\/p>\n<p>The Blakala prospect in the Gouana permit in Mali\u00a0is just one of two Tier 1 priority lithium targets ranked by CSA Global back in 2008, the other being <a href=\"https:\/\/stockhead.com.au\/company\/leo-lithium-lll\/\"><strong>Leo Lithium\u2019s (ASX:LEO)<\/strong><\/a>\u00a0211Mt Goulamina project.<\/p>\n<p>Exploration to date \u2013 such as diamond drilling results such as 111m @ 1.57% Li2O from 33m that were announced in December 2023 \u2013 have already provided some notable validation of <a href=\"https:\/\/stockhead.com.au\/company\/first-lithium-fl1\/\"><strong>First Lithium\u2019s (ASX:FL1)<\/strong><\/a> interest in unlocking its potential.<\/p>\n<p>Channel sampling results such as 1.94% Li20 over 19m and 1.9% Li2O over 22m have validated the Eastern and Western pegmatites as additional high-grade and wide spodumene mineralised targets while drilling continues to <a href=\"https:\/\/stockhead.com.au\/resources\/first-lithium-hungry-for-more-pegmatite-action-in-mali-as-first-stage-drilling-wraps-up\/\"><strong>grow the site\u2019s pegmatite prospectivity<\/strong><\/a> along strike and at depth.<\/p>\n<p>\u00a0<\/p>\n<p>Section showing BDSF17 with the Western Pegmatite and Main Pegmatite intersected. Pic supplied (FL1)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h2>Western Pegmatite\u2019s proven lithium prospectivity<\/h2>\n<p>The company has now received high-grade results from diamond drilling at both the Main and Western pegmatite bodies.<\/p>\n<p>Notable results are:<\/p>\n<p>16.2m @ 1.66% Li2O from 29m (BDFS16 Main Pegmatite);<br \/>\n33.72m @ 1.59% Li2O from 49m including 25m @ 1.87% Li2O from 57m (BDFS17 Western Pegmatite); and<br \/>\n17m @ 1.81% Li2O from 60.5m including 14m @ 1.93% Li2O from 63m (BDFS18 Western Pegmatite).<\/p>\n<p>Notably, the results validate the Western Pegmatite body as a significant discovery with high-grade spodumene mineralisation remaining open at depth and along strike.<\/p>\n<p>They also extend the mineralised strike of the Main Pegmatite to &gt;1,000m.<\/p>\n<p>\u201cThe first assay results on the Western Pegmatite are very encouraging and confirm the previous visual estimates FL1 had announced to the market,\u201d managing director Venkat Padala said.<\/p>\n<p>\u201cWith the Western Pegmatite confirmed as part of the expanded tier 1 Main pegmatite, the deposit is beginning to expand and take shape as a potential world class deposit as we had hoped.<\/p>\n<p>\u201cThe high grades received in the assay results continue the trend from the assays received to date and show how abundant the Li2O is in this region.\u201d<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with First Lithium, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/first-lithiums-high-grade-western-pegmatite-drill-hits-another-clue-into-blakalas-lithium-potential\/\">First Lithium\u2019s high grade Western Pegmatite drill hits another clue into Blakala\u2019s lithium potential<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>High grade drill intersections validate Western Pegmatite body as a significant lithium discovery Drilling also extends mineralised strike of the Main Pegmatite to &gt;1,000m First <a href=\"https:\/\/economicherald.net\/?p=5366\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":5367,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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