Firering auger drilling results identify potential lithium mineralisation

Highlights:

• Auger results from Intertek Australia validate recent interpretation of the strike extent of the pegmatites at Atex Project.
• Auger sampling results reported for 268 holes, 15 auger lines 100 m apart with 20 m hole spacing along the lines, has identified areas of interest related to potential lithium-cesium-tantalum (LCT) pegmatite mineralisation to the south-west of Spodumene Hill and some narrower zones to the north-east.
• Extensions to auger lines are required to properly delineate the size and extent of these anomalous zones to the south-west and west of current auger coverage. The company plans to follow-up this work by drill testing these targets following some additional work.

Yuval Cohen, CEO of Firering, comments:

“We are extremely pleased with this first set of auger results, which as expected, confirms the presence of the mapped lithium pegmatites recorded during our previous regional mapping. The results have identified three areas of interest that will be the focus of further exploration work together with the Li core drilling programme that will commence in 2Q22.

“With lithium prices dramatically increasing and demand fuelled by the Net Zero transition to clean energy and electric vehicles, we are confident that Atex has the potential to be a significant lithium resource in West Africa – ideally positioned to supply battery grade lithium to global markets.”

Read the article online at: https://www.globalminingreview.com/mining/12042022/firering-auger-drilling-results-identify-potential-lithium-mineralisation/