HIGHLIGHTS
Sample SM023: 1.03% Ta (1.26% Ta₂O₅), 1,922 ppm Sn, 637 ppm Li₂O
Sample SM022: 2.35% Sn, 0.32% Li₂O, 814ppm Ta (994ppm Ta₂O₅)
Sample SM020: 0.41% Li₂O
Sample SM021: 0.11% Li₂O
Ragusa Minerals Limited (ASX: RAS) (“Ragusa” or “Company”) is pleased to advise receipt of laboratory assay results from five rock chip samples recently collected at the NT Lithium Project.
A reconnaissance field trip was undertaken in June to prepare for the 2023 field season drilling program across the five targeted prospects – Kilfoyle, White Rocks South, Crystals, Tank Hill Trend and Ridges, to assess access routes and requirements. During fieldwork, five rock chip samples were collected from pegmatite outcrops at the Kilfoyle, Ridges and Crystals prospects. Four sites had not previously been sampled, whilst the remaining sample (from the Ridges prospect) confirmed previous extremely high tantalum and tin results
Ragusa Chair, Jerko Zuvela said “The Company is excited with the high-grade sample results achieved and to continue exploration drilling works at our NT Lithium Project, within a well-renowned lithium district in a Tier 1 jurisdiction close to major infrastructure. Recent site works and results have confirmed the prospectivity of target areas selected for the drilling campaign. Ragusa looksforward to realising significant milestones in 2023 at a time of renewed strategic interest in exploration stage lithium projects.”