Exploration Update - Moolyella RC Drill Program Completed
Sydney, April 13, 2012 AEST (ABN Newswire) - Lithex Resources Limited (
ASX:LTX) is pleased to announce the completion of the 25 hole RC drilling program at the Pegmatite Gully and Eluvial Gully prospects, part of the Company's Moolyella Project, located near Marble Bar, in the Pilbara region of Western Australia.
A total of 2,582m of drilling was completed at the two prospects, with sampling and geological logging completed on one metre intervals. (See Figure 1 in linked release)
Results from the first 6 holes drilled, 5 at Pegmatite Gully and 1 at Eluvial Gully, returned significant results up to 2,201ppm tin and 90ppm tantalum. Samples were prepared using a sodium peroxide fusion method, and assayed by ICPMS. Geological logging of samples in the field, from the holes still to be assayed, has identified molybdenum mineralisation in a number of samples, as shown in Figure 2 in link below.
Additionally, tin and tantalum mineralisation, in quartz and pegmatite veins within a granodiorite host, has been identified by on-site geologists in a number of samples. Samples from the drilling program are currently en-route to Perth for laboratory analysis, and results will be reported as they become available.
View the full announcement including tables and diagrams at:
http://media.abnnewswire.net/media/en/docs/ASX-LTX-585472.pdf
Contact
Lithex Resources Limited
T: +618-9200-5885
WWW: www.lithex.com.au
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