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Further Near Surface High-Grade Assays from Atex
Further Near Surface High-Grade Assays from Atex.
About this update from Firering Strategic Minerals Plc
[{"type":"text","content":"\n \n \n Firering Strategic Minerals plc / EPIC: FRG / Market: AIM / Sector: Mining\n \n \n \n \n \n \n \n \n 15 December 2022\n \n \n \n \n \n Firering Strategic Minerals plc\n \n \n (\"Firering\" or \"the Company\")\n \n \n \n \n \n Further Near Surface High-Grade Assays from Atex Lithium- Tantalum Project\n \n \n \n \n \n Final Set of Assay Results Include Significant Intercept of 25m @ 1.39% Li2O\n \n \n \n \n \n Firering Strategic Minerals plc (\"FSM\"), an exploration company focusing on critical minerals, is pleased to announce the final set of assay results from its maiden scout diamond drill programme at its flagship\n Atex Lithium-Tantalum Project (\"Atex\"), in Côte d'Ivoire.\n \n \n \n \n \n \n Highlights:\n \n \n \n \n \n \n ·\n \n Positive results received from the final assays from scout drilling include:\n \n \n \n o\n \n 25m at 1.39% Li2O from 77m in hole TVDD0018, including:\n \n \n \n §\n \n 18m at 1.85% Li2O from 80m.\n \n \n \n o\n \n 7m at 1.33% Li2O from 60m in hole TVDD0019.\n \n \n \n o\n \n 21m at 0.73% Li2O from 72m in hole TVDD0019, including:\n \n \n \n §\n \n 7m at 1.65% Li2O from 73m.\n \n \n \n ·\n \n Second phase of exploration is expected to start in Q1 2023 with the technical support from Ricca Resources Limited (\"Ricca\") following its US$18.6 million investment to advance Atex to Definitive Feasibility Study (\"DFS\"). Plans include:\n \n \n \n o\n \n Immediate commencement in January of a large-scale soil sampling programme covering a 10km by 5km area west of the large pegmatite zones already identified in the Atex licence.\n \n \n \n o\n \n The enlarged geochemical footprint will assist in determining new targets for the next phase of auger, Reverse Circulation (\"RC\") and diamond drilling planned for H2 2023.\n \n \n \n \n \n \n \n Yuval Cohen, Chief Executive of Firering, said:\n \n \n \n \n \n \n \n \"Our maiden scout drilling campaign has been successful, confirming the continuity of the visible surface lithium bearing pegmatites below surface, with visible spodumene interceptions confirmed through the laboratory assays in several drill holes across our licence area. There have been several significant intercepts throughout our phase one scout drilling campaign, including one exceptional intercept of 64m Intercept @ 1.24% Li2...