Bubalus Resources Limited (ASX: BUS) has delineated a number of prospective lithium-in-soil anomalies at the company’s Yinnietharra Lithium Project.
The Yinnietharra Lithium Project is located only 2kms east of the Malinda Prospect owned by Delta Lithium Limited (ASX: DLI). Drilling at Malinda has identified spodumene hosted lithium mineralization over a distance of 1.6km and to a depth of 350m. No drilling has been undertaken on the Yinnietharra Project.
The spodumene bearing pegmatites identified by Delta strike in an east-west orientation, trending in the direction of Bubalus’ Yinnietharra Project boundary, representing an obvious walk up target for initial activities.
This target (Malinda East) has now been confirmed by systematic soil sampling which has detected a clear area of anomalous lithium and caesium at surface in this area.
Surface sampling was conducted at a spacing of 200m by 200m across the majority of the project area, with the high priority Malinda East area adjacent to the Malinda Prospect sampled at a spacing of 100m by 100m.
In addition, two other prospective lithium-in-soil anomalies have been defined within the Yinnietharra Lithium Project based on targeting work by Sugden Geoscience. Only limited outcrop was mapped within the project area with most lithologies either covered by drainage or subcropping below recent cover.
The company will now commence engagement with the Wajarri Yamatji Aboriginal Corporation (WYAC), as representatives of the Aboriginal traditional owners of the area underlying the Yinnietharra Project, to obtain the relevant clearances required for drilling on the project.
To find out more, please visit www.bubalusresources.com.au
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