Wildcat Resources (ASX:WC8) identified high-grade lithium mineralization during recent drilling at its Bolt Cutter Central and Tabba Tabba projects in Western Australia, according to a Monday Australian bourse filing.
The company said Bolt Cutter Central returned results of up to eight meters at 1.5% lithium oxide from 89 meters and 16 meters at 1.5% lithium oxide from 116 meters, both estimated true width, with resource modelling underway and a maiden mineral resource estimate expected in the fourth quarter.
At Tabba Tabba, results were up to 21.4 meters at 0.9% lithium oxide from 22.6 meters estimated true width, including 8.6 meters at 1.4% lithium oxide from 28.6 meters, with the Tabba Tabba definitive feasibility study (DFS) on track for delivery in the second half of the year, the filing added.