Ricca Resources has reported the definition of multiple lithium in soil anomalies and a planned auger drilling programme following the large-scale Phase II soil sampling programme at the Atex Lithium-Tantalum Project, in Côte d’Ivoire.
Through its agreement with Firering Strategic Minerals, Ricca Resources is earning-in up to 50% of Atex and the adjacent Alliance exploration licence by funding the project towards production.
Stuart Crow, Non-Executive Chairman of Ricca Resources, commented:
“The soil sampling and mapping programme has defined multiple target areas for follow-up auger drilling.
Ricca Resources is very pleased with the results and look forward to commencing the auger drilling to further refine these targets ahead of deeper drill testing to confirm grade potential.
“Several of the auger anomalies occur adjacent to and along similar trends to the previously drilled Spodumene Hill lithium occurrence where drilling returned significant intersections, including 64 m at 1.24% Li2O.
“Whilst we are still awaiting results for the remainder of the soils programme, we are confident the highest priority soil anomalies have been defined to commence auger drilling.
“Ricca looks forward to commencing the extensive auger drilling programme, receiving the remaining results from the soil sampling programme and providing further updates on our progress in due course.”
SOURCE:miningreview.com