E29/994 Two Tanks

Operator: BOA
Location: Eastern Goldfields, Western Australia

Target area
Location

Exploration potential extended at Two Tanks

BOA Resources Two Tanks lithium project (E29/994) is located 570km north-east of Perth, Western Australia in the emerging lithium region of Mt Ida.

BOA Resources has an 80% working interest in the project.

Drilling at Two Tanks will herald the start of BOA Resources’ 2024 drilling campaign.

New lithium province

The area around Two Tanks is emerging as a new lithium province with significant developments along a prospective zone of approximately 35km strike length.  This corridor has two significant lithium potential as evidenced by Red Dirt Metals’ Mt Ida lithium project with a mineral resource of 12.7Mt @1.2% LiO2.  Work by St George Mining is firming up the prospectivity of the corridor and more importantly has determined that the same lithium bearing pegmatites may extend within E29/994.

Previous drilling by BOA has intersected lithium up to 2,491ppm Li2O in the tenement with higher grades occurring closer to the contact between the greenstones and granite. This contact area will be the focus of the 2024 drilling program, aimed at discovering higher grade lithium at depth.