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Why Has Wildcat Resources Chosen to Focus on Tabba Tabba? — ASX:WC8| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$WC8
Why Has Wildcat Resources Chosen to Focus on Tabba Tabba?
Wildcat's Ambitious Drilling Campaign at Tabba Tabba: Unveiling the Potential of Lithium Rich Pegmatites
A New Lithium Frontier
January 24, 2024 - Wildcat Resources Ltd (ASX: WC8), an emerging player in the Australian lithium market, has unveiled plans for an extensive drilling campaign at its Tabba Tabba Lithium Project. This ambitious initiative aims to further unravel the potential of the lithium-rich pegmatites discovered in the area.
Transformative Mineralogical Insights
Recent X-Ray Diffraction (XRD) results have shed light on the mineral composition at Tabba Tabba, particularly at the Leia pegmatite. The results confirm the dominance of spodumene, a primary lithium-bearing mineral, accompanied by a simple gangue mineralogy of quartz and feldspar. This finding has been corroborated by Fourier-transform infra-red (FTIR) analysis, adding confidence to the exploration model.
Strategic Drilling Plan
In the next six months, Wildcat plans to drill 100,000 meters at Tabba Tabba, focusing on several key targets:
Leia Pegmatite: Continued drilling to
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explore extensions along strike and at depth.
Infill Drilling at Leia: Aiming for resource definition.
Discovery Drilling: Targeting additional prospects like Boba, Han, Chewy, and The Hutt pegmatites.
Background and Exploration Progress
Wildcat's journey at Tabba Tabba began in July 2023, initially focusing on the northern pegmatites due to historical tantalum mining. The exploration uncovered high-grade lithium at Leia, leading to an intensified drilling campaign.
Key Developments:
Initial Drilling: Commenced in July 2023, focusing on the northern and central pegmatite clusters.
Major Discovery: In September, high-grade lithium intersections were confirmed.
Rapid Advancement: By the end of 2023, nearly 43,000 meters of drilling completed.
Understanding Leia's Mineralogy
Leia's mineralogy has been a focal point for Wildcat, with initial mapping and geochemical sampling indicating potential high-grade lithium. The 21 RC samples analyzed by XRD across the project sites further established Leia's significance.
Mineral Composition:
Dominant Lithium Mineral: Spodumene identified as the primary lithium-bearing mineral.
Gangue Minerals: Quartz and Na-feldspar plagioclase.
Low Muscovite Content: Less than 5%, indicative of a simple mineralogy.
The Strategic Significance
Tabba Tabba's proximity to major lithium projects like Pilbara Minerals’ Pilgangoora and Mineral Resources’ Wodgina enhances its strategic value. Located near Port Hedland, the project is well-positioned for development and export.
Leia's Potential:
Leia pegmatite stands out among the six prospects in the 3.2km long LCT pegmatite field at Tabba Tabba, with the exploration model pointing towards a significant lithium deposit.
Forward-Looking Strategies
As Wildcat prepares for the 100,000-meter drilling campaign, its focus remains on advancing Leia's potential while exploring other prospects. The simplified mineralogy and high spodumene content position Leia as a promising lithium source.
Future Prospects:
With an aggressive exploration strategy and a clear geological understanding, Wildcat is poised to make significant strides in lithium exploration at Tabba Tabba. The forthcoming drilling campaign marks a crucial phase in unlocking the potential of this lithium-rich region.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
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Lykeshares
1y
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$ASN
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