Viking Mines has announced the discovery of multiple lithium anomalies over the Ida Fault, situated west of Menzies in the WA Goldfields, as part of their extensive 1,220-hole auger drilling programme at the First Hit Project.
The programme successfully identified nineteen lithium anomalies across the area, highlighting eight high-priority targets for further exploration.
Assay results peaked at 138ppm Lithium, with ninety-five samples returning values above 50ppm.
These anomalies measure up to 2km in width, suggesting a robust potential for lithium mineralisation associated with Caesium, Tantalum, and Thallium – key indicators of Lithium-Caesium-Tantalum (LCT) pegmatites known to host vital spodumene mineralisation.
This development has sparked interest in Viking Mines' capacity to further unlock the lithium potential within its extensive 493 square kilometre land package in this burgeoning lithium district.
Managing Director & CEO, Julian Woodcock, expressed satisfaction with the drilling outcomes, revealing plans to conduct further exploration to refine these targets.
Importantly, the reported anomalies sit within proximity to known pegmatites, enhancing their prospectivity for yielding significant lithium mineralisation.
Viking is well-funded, with over $5 million in cash as of the end of December 2023.