HIGHLIGHTS
Phase 1 exploration drilling program completed identifying significant pegmatite intercepts from geological logging works
Select pegmatite drill samples delivered to laboratory for lithium analysis testing
Pegmatite intercepted in 12 out of 18 drillholes
Ragusa Chair, Jerko Zuvela said “The Company is pleased to have conducted our maiden exploration drilling program at our strategic and highly prospective NT Lithium Project. We are very encouraged by the preliminary drilling observations at our priority targets, noting the scale of the pegmatite zones encountered within our project area. We look forward to receiving the lithium assay results in coming weeks. The completion of the initial exploration program is another positive step that puts Ragusa in a strong position to rapidly accelerate the development of our project within a proven high-quality lithium district in a Tier 1 jurisdiction close to major infrastructure at a time of record lithium prices.”
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