Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Investing

Outstanding Lithium in Soils Confirm Multiple High-Priority Drill Targets Morrissey Hill, Yinnetharra, W.A.

by August 10, 2023
August 10, 2023
Outstanding Lithium in Soils Confirm Multiple High-Priority Drill Targets Morrissey Hill, Yinnetharra, W.A.

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.”

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Sweden’s Lina Hurtig feels ‘sick to my stomach’ at the thought of her winning penalty against the US
next post
Pampa Metals

Related Posts

Victoria Gold-Silver Exploration Update

June 5, 2025

Cannabis Round-Up: Ukraine Legalizes Medical Cannabis, Blüm to...

February 19, 2024

Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard...

December 22, 2023

How to Invest in Gold

October 11, 2023

Cardiex Limited

April 19, 2024

Silver Stocks: 3 Biggest US Producers in 2024

May 28, 2024

Agreement Signed for the Sale of up to...

March 19, 2024

MT Survey Outlines Large Undrilled Conductive Anomalies and...

April 10, 2024

Coelacanth Announces 2024 Year-End Reserves

April 24, 2025

Miramar Resources

February 7, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Understanding Lithium Mineralogy from an Investment Perspective

      September 12, 2023
    • 3

      US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

      June 6, 2025
    • 4

      Israel confirms it is arming Hamas rivals in operation opposition calls ‘complete madness’

      June 6, 2025
    • 5

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 6

      Crypto Market Recap: Strategy Eyes US$1B Raise for Bitcoin Push, UK Regulator Reverses ETN Ban

      June 6, 2025
    • 7

      China’s aircraft carriers send message in the open Pacific for the first time – and bigger and more powerful ships are coming

      June 16, 2025

    Categories

    • Business (1,053)
    • Investing (2,079)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,387)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved