Lightning Minerals Ltd (ASX:L1M) CEO Alex Biggs tells Proactive multiple pegmatites have been intersected during its first drill program at the Dundas project in Western Australia.
He says successful identification of the pegmatites is a direct result of a comprehensive geochemical and geophysical exploration targeting campaign. The company has multiple lithium targets across several of its leases at Dundas to follow up on.
We are very pleased to have exploration success so early in our campaign at Dundas given the inclement weather we have experienced and overcome, Biggs said.
We are targeting an interpreted north-west to south-east pegmatite trend along which we see other operators in the region having similar success.
Our inaugural drill campaign has thus far provided some excellent early-stage results. The company has multiple lithium targets across several of our leases at Dundas to follow up on as we accelerate our exploration campaign across the region.
We wanted to provide an interim update to the market regarding drilling and look forward to providing further results as the program progresses.
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Lightning Minerals Ltd