Future Battery Minerals Ltd (FBM) has identified multiple new high-priority drill targets at the Kangaroo Hills Lithium Project (KHLP) in Western Australia. Through ongoing target generative work, FBM has discovered seven large-scale spodumene pegmatite targets, totaling over 3 km in strike length. The most significant target is the Big Red Prospect, which exhibits a resistivity anomaly coinciding with a 1km strike length, indicating the potential for expanding on previous intercepts of high-grade spodumene pegmatite.
These targets were identified through comprehensive analysis of regional-scale geophysical, geochemical, and mapping data, including mapping and rock chip sampling of pegmatites, magnetic litho-structural interpretation, and resistivity survey correlations. Phase 3 reverse circulation (RC) drilling will soon commence to test these new targets, while assays for approximately 23 holes from Phase 2 drilling at the Big Red discovery are still pending.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
