Maiden lithium drilling program complete - assays in Feb

This morning our 2022 Catalyst Hunter Pick Of The Year Tyranna Resources (ASX: TYX) completed its first ever drilling program at its Angolan lithium project.

The program saw TYX drill a total of 9 diamond drill holes with TYX confirming visible lithium mineralisation in drillholes 4, 5, 6 and 7.

TYX has now completed the sampling and cutting of the drillcores with the samples expected to be shipped to Australia by the end of December.

TYX expects the assay results from the drilling program to be received in February 2023.

While the main focus here is on lithium, we note that TYX detailed the discovery of ‘pollucite’ which contains caesium. Pollucite is used to create a product that is used by drill rigs targeting oil and gas discoveries.

The significance of this is that should TYX be able to delineate a large lithium resource it could also have a pollucite by-product that it can sell, improving overall project economics.

TYX confirmed that it would include some of these pollucite targets in its 2023 drilling plan.

What’s next?

Assays from 9 hole diamond drilling program 🔄

TYX is yet to ship the samples to Australia. Assays from the program are expected in February 2023.

Metallurgical testing of bulk samples 🔄

Concurrent to its drilling results TYX will also be running a metallurgical testwork program to see if the mineralisation at its project can be extracted economically.

The metwork program is expected to start in early January with results due in March 2023.