Stelar Metals enthusiastic after first lithium drill program at Trident
December 05, 2023 at 05:01 pm
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Stelar Metals Ltd (ASX:SLB) CEO Colin Skidmore speaks with Proactive after announcing the company has wrapped up its inaugural drill program at the Trident Lithium Project near Broken Hill in Far West New South Wales and expects to receive assay results in late January 2024. The 2,360 metres of reverse circulation drilling has met the objectives of understanding the morphology and orientation of the LCT-pegmatites. It has also confirmed the grade distribution and mineralogy of lithium mineralisation beneath the historical mine workings of the Euriowie Tin Pegmatite Field.
“I would like to thank my team, Bullion Drilling and the various consultants who were instrumental in completing this well-executed drilling program," Skidmore said. "We are confident that we have successfully achieved the aims of this first drill program targeting hard-rock lithium mineralisation below the surface at Trident."
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Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Stelar Metals Limited is an Australia-based company, which is engaged in exploration and development of its lithium and battery-metal copper and zinc projects located in New South Wales and South Australia. The Company is focused on its Trident Lithium Project located in the Broken Hill Block. The Trident Lithium Project (EL 8736) covers an area of approximately 260 square kilometers (km2) is located approximately 50 kilometers (km) north of Broken Hill in New South Wales. The Companyâs Linda Zinc Project (EL 6263) is based in the Flinders Ranges which covers approximately 190 km2. The project is underlain by Neoproterozoic to early Cambrian sedimentary rocks. Its Baratta Project (EL 6803) is underlain by Adelaidean rocks of the Flinders Ranges. The Evelyn Dam Project (EL 5792) covers approximately 134 km2 about 50 km south of Woomera in South Australia. Its subsidiaries include Stelar Metals Exploration Pty Ltd, Resource Holdings No. 1 Pty Ltd, and BR2 Pty Ltd.