Boadicea Resources (ASX:BOA) has completed the purchase of 80% of the Two Tanks lithium project in Western Australia, and is planning to launch a drilling programme in Q2 2023 pending approval and heritage survey.
The lithium project is part of a strategy to acquire drill-ready targets in the highly prospective Mt Ida pegmatite corridor, with the company’s lithium portfolio now consisting of five significant targets, four of which are located in WA.
Boadicea Resources says prospective lithium bearing pegmatites have been identified within the tenement, with geochemistry indicative of lithium, caesium, tantalum (LCT) fertility.
It also says the Two Tanks immediate drilling program has been planned, with an initial drill Program of Works submitted for 21 reverse circulation holes.