Diamond drilling at lithium prospects underway

Our exploration Investment Ragusa Minerals (ASX: RAS) has kicked off its second drill program at its lithium project in the Northern Territory.

RAS's project sits in the same region as $1.5BN Core Lithium's Mount Finnis lithium project.

RAS's drill program is focused on two specific drill targets where historic drilling hit lithium grades of 0.37%.

This time around, RAS will be targeting a set of two pegmatite outcroppings.

The ultimate aim for the drill program is to see if there is more lithium at depth and whether the results warrant more RC drilling in the area.

We also note that the drill program is using a diamond drill rig, allowing RAS to drill down to greater depths.

This is significant because, during last year's drill program, RAS highlighted that the higher grade lithium could be buried at depth.

See our coverage of last year's drill program here: Ragusa releases NT Lithium Results