By Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) is pleased to advise that assay results returned from the first sample batch of 833 samples have returned extremely high grades across a large area at the Bonzer Pegmatite Field, Morrissey Hill, W.A.
Highlights:Outstanding results returned from detailed soil sampling program at the Bonzer Pegmatite Field, within the Company’s 100%-owned Morrissey Hill Lithium Project, Yinnetharra WAMorrissey Hill is located adjacent to Delta Lithium’s (ASX: DLI) Malinda Lithium Project, Yinnetharra WAIndividual assays have returned results up to 759ppm Li2OFrom an initial sample batch of 833 samples, more than 60% have reported assays in excess of 100ppm Li2OStrong, coherent lithium anomalism defined by values greater than 500ppm Li2O extends for over 1.5km along strike and 0.7km in width and remains openSoil sampling and mapping at Morrissey Hill is ongoing to assess the broader project areaDrilling at Bonzer remains on schedule to commence next week
Reach CEO Jeremy Bower said: “The first round of assay results received from our soil sampling program has defined multiple high-priority targets at the Bonzer Pegmatite Field at Morrissey Hill. As shown in the heat map at Figure 1, the entire grid sampled across the Bonzer pegmatite field has literally lit up with lithium. The presence of lithium in soils at these extremely high levels is another piece of critical data we are using to refine our high-priority drill targets.
Drillers remain on track to mobilise to site next week and we look forward to providing more soil assay results in the areas surrounding the Bonzer Pegmatite Field as they are received. The Future is within Reach.”
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