GreenTech Metals Ltd (ASX: GRE) has commenced Diamond Drilling (DDH) at the Osborne JV tenement E47/3719 in WA, a joint venture (51% GRE: 49% ARV) held with Artemis Resources. The Osborne JV sits to the east and adjoins the company’s Ruth Well Project.
DDH’s totalling up to 1500m have been planned to gather stratigraphic and structural information in the Southern pegmatite zone utilising existing heritage cleared areas.
The Southern LCT pegmatite zone sits within the Osborne JV Project tenements and comprises a total combined 4km of pegmatite strike along which previous rock chip samples have returned assay results of up to 3.63% Li2O.
A previous review of historic soil geochemical data along with the results from ongoing geological mapping has confirmed the Northern and Southern LCT pegmatite zones whilst significantly expanding the extent of lithium mineralisation in the project areas.
We are excited to commence our maiden drilling at Osborne designed to gather valuable stratigraphic and structural information relating to the subsurface characteristics of the pegmatite zone. The data from this drilling will aid in refining the more detailed follow-up drill programme once the results from recently completed broader heritage clearances are received,” Executive Director Thomas Reddicliffe said.
“In light of the recent $1.6B takeover offer for Azure, the West Pilbara is continuing to cement its position as one of the premier global jurisdictions for hard rock lithium exploration. GreenTech is moving quickly with its exploration programmes as it continues to reveal the true potential of its significant tenure in the region.”
With the initial heritage survey having been completed further drill sites in both the Northern and Southern trends will become available in the next 4 to 6 weeks.
The company has approved relevant programs of work (PoW’s) which will facilitate current and future drill programs on the project tenements.