Zenith Minerals’ latest results from its lithium pegmatite drilling at the Split Rocks Lithium Project in Western Australia show an extension of the zone of higher-grade lithium mineralisation in the central western portion of the Rio prospect area.
The lithium mineralised zone (more than 0.1 per cent lithium oxide) identified is over 2,900m by up to 1,100m wide, remaining open to the north and south with a higher-grade (more than 0.3 per cent lithium oxide) lithium zone, now over 750m and up to 500m wide.
Drilling as part of an ongoing exploration campaign to scope the size of the host pegmatite and contained lithium mineralisation at Rio has returned significant lithium mineralisation.
The Split Rocks Project is located approximately 40km south of the regional town of Marvel Loch in the Goldfields Region of Western Australia and is being explored as part of the Zenith lithium joint venture with EV Metals Group.
Zenith Managing Director, Michael Clifford, said, “I am pleased to provide an update on drill results from the Rio lithium pegmatite at Split Rocks. The program has returned additional thick intervals of lithium mineralisation.
“Looking ahead, our joint venture partner, EV Metals Group, is to establish plans for recommencing lithium drilling programs at our Split Rocks and Waratah Well projects.”
EV Metals Group (EVM) can earn a 60 per cent interest in the lithium rights on two lithium projects, Split Rocks and Waratah Well, with Zenith retaining a 40 per cent project share. Under the terms of the agreement, Zenith is fully funded by EVM through to a bankable feasibility on any project development, such a study must be completed by January 2024.
The project area lies immediately north of the Mt Holland Lithium Project that is being developed by Covalent Lithium (SQM and Wesfarmers).
Drilling at the Rio Pegmatite is now planned to test along strike in the northeast and at depth, with a significant additional focus on drill testing regional geochemical anomalies, such as the new Cielo lithium target that has come about from the extensive auger and soil sampling programs which commenced in 2022.
