Maximus Resources talks RC drilling at Lefroy lithium target
–News Direct–
Maximus Resources Ltd (ASX:MXR, OTC:MXRRF) MD Tim Wither speaks with Proactive soon after announcing the company has begun a 3,000-metre reverse circulation (RC) drill program at its Lefroy Lithium Project, 25 kilometres from Kambalda in Western Australia. The drilling is backed by the US$3 million Lefroy Lithium Joint Venture with the Korea Mine Rehabilitation and Mineral Resources Corporation (KOMIR). The first phase of the RC program will test a 2 kilometre by 1 kilometre lithium soil anomaly, with numerous known outcropping pegmatites.
Wither said:We are excited to commence the RC drill program across the very promising Lefroy lithium target, in partnership with KOMIR.
Lefroy has had very limited drilling across the extensive lithium soil anomaly and numerous outcropping pegmatites.
The drill program follows a recent intersection of high-grade mineralisation up to 2% Li2O, in a sequence of stacked shallow-dipping pegmatites, with widths ranging from 6 to 12 metres.
In parallel to the drill program, a systematic soil sampling program continues, aimed at highlighting further lithium-bearing pegmatites and build a pipeline of additional drill targets.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
View source version on newsdirect.com: https://newsdirect.com/news/maximus-resources-talks-rc-drilling-at-lefroy-lithium-target-626096284
Maximus Resources Ltd
COMTEX_443419221/2655/2023-11-13T15:29:01
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