8th Oct 2018 11:59
LONDON (Alliance News) - IronRidge Resources Ltd on Monday said it has seen ongoing positive results from drilling at its Ewoyaa project in Ghana.
Results have been received from a further 2,206 metres of the drilling which was conducted in the 8,090 metre first phase of reverse circulation drilling at Ewoyaa. These include 72 metres at 1.3% lithium oxide and 67 metres at 1.2% lithium oxide,
"Results received to date indicate the development of a broad, continuous high-grade zone within the central and north extension zones which remains open to the north, with additional drilling results pending," said IronRidge Chief Operating Officer Len Kolff.
"Field teams have commenced a pitting programme to further define the Ewoyaa pegmatite footprint along the north extension ahead of drilling programmes," Kloff added.
The mining company has also commenced a pitting programme around the north extension of Ewoyaa to test for strike and width extensions.
"The Ewoyaa project occurs within one of nine lithium licenses the company holds in Ghana and represents the most advanced exploration project in the portfolio," said Kloff.
Shares in IronRidge were up 0.5% at 21.60 pence on Monday.
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