Stelar Metals Ltd (ASX:SLB) CEO Colin Skidmore tells Proactive the company has completed a successful reconnaissance sampling program over its newly acquired Trident Lithium Project near Broken Hill in NSW, strongly establishing the prospectivity of the tenure with rock chip and soil sample results of more than 5% and 1,756 parts per million (ppm) lithium respectively.
The samples were taken from the historical pegmatite mine at Trident in July with five of seven rock chips returning very high lithium results in excess of 5%. The company has completed independent Environmental, Cultural and Heritage Assessments in preparation for an inaugural drill program which Stelar will begin in the coming months, subject to approvals.
Stelar is also progressing soil samples at 10-metre spacing over Trident, with about 50% of planned samples collected.
SLB is mapping the other abundant pegmatites and historical lithium mines in the local area and will expand mapping over the large 20-kilometre by 10-kilometre pegmatite system over time.
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Stelar Metals Ltd
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