Woomera Mining hits thick pegmatites at Ravensthorpe, WA

The Market Herald2023-12-20

Woomera Mining (ASX:WML) hits thick pegmatites in initial drillholes at its Ravensthorpe projects in WA The company intersected pegmatites in five of the seven holes drilled at the Mt Short joint ...

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The company intersected pegmatites in five of the seven holes drilled at the Mt Short joint venture so far. Seven holes, totalling 877 metres, represent the first stage of a larger 26-hole, 3000-metre RC drill program covering the entire Ravensthorpe project area. Drilling will take a break for the festive season and resume on January 3, 2024. The company reported intersecting pegmatites in five of the seven holes drilled at the Mt Short joint venture so far.From these initial holes, WML logged a total of 213 metres of pegmatite.Together, these tenements span 103 square kilometres within the same greenstone belt as Allkem’s  Mt Cattlin lithium mine to the south.Additionally, 1523 samples from an auger program are pending analysis, with results anticipated in February 2024. On the wholly-owned Mt Cattlin tenement, 15 further RC holes are scheduled for drilling.WML shares were down 7.14 per ce","collect":0,"end_time":0,"defaultTopTitle":"themarketherald.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"WML.AU":"WOOMERA MINING LTD","BK4110":"抵押房地产投资信托","BK7095":"多种金属与采矿","BK7506":"金矿股","ANX.AU":"ANAX METALS LTD","RC":"Ready Capital Corp","AKE.AU":"Allkem Limited","BK7504":"锂钴概念"},"translate_title":"Woomera矿业在华盛顿州Ravensthorpe发现厚伟晶岩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AKE.AU":1,"ANX.AU":1,"RC":1,"WML.AU":1},"content_text":"Woomera Mining (ASX:WML) hits thick pegmatites in initial drillholes at its Ravensthorpe projects in WA\nThe company intersected pegmatites in five of the seven holes drilled at the Mt Short joint venture so far\nSeven holes, totalling 877 metres, represent the first stage of a larger 26-hole, 3000-metre RC drill program covering the entire Ravensthorpe project area\nDrilling will take a break for the festive season and resume on January 3, 2024\nWML shares are down 7.14 per cent, trading at 2.6 cents at 3:13 pm AEDT\n\nWoomera Mining (ASX:WML) has hit thick pegmatites in initial drillholes at its Ravensthorpe projects in Western Australia.\nThe company reported intersecting pegmatites in five of the seven holes drilled at the Mt Short joint venture so far.\nThese seven holes, totalling 877 metres, represent the first stage of a larger 26-hole, 3000-metre reverse circulation (RC) drill program covering the entire Ravensthorpe project area.\nFrom these initial holes, WML logged a total of 213 metres of pegmatite.\nDrilling will take a break for the festive season and resume on January 3, 2024.\nThe Ravensthorpe projects comprise the Mt Short JV where Woomera can earn up to 70 per cent equity from Anax Metals (ASX:ANX) and its wholly-owned Mt Cattlin EL proximal to the south. \nTogether, these tenements span 103 square kilometres within the same greenstone belt as Allkem’s (ASX:AKE) Mt Cattlin lithium mine to the south.\nLaboratory analysis of the pegmatite samples is expected in mid-late January 2024. Four RC holes remain to be drilled at the Mt Short JV, targeting areas under historic pegmatite intersections.\nAdditionally, 1523 samples from an auger program are pending analysis, with results anticipated in February 2024. On the wholly-owned Mt Cattlin tenement, 15 further RC holes are scheduled for drilling.\nWML shares were down 7.14 per cent, trading at 2.6 cents at 3:13 pm AEDT.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2392155840"}