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Wildcat Resources Limited (ASX:WC8)

ALERT: Price-sensitive ASX Announcement for WC8
Current share price for WC8 : $0.470 0.225 (91.84%)+
Announcement
Release
5 Aug 2024 8:44AM
Price at Release
$0.245
Full Release
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Summary
Wildcat Resources Limited (ASX: WC8) announced high-grade lithium results from multiple pegmatites, highlighting the growing potential of the Tabba Tabba Lithium Project near Port Hedland, Pilbara, Western Australia. Key highlights include thick, high-grade results at Leia Pegmatite, new high-grade zones at Chewy North, and ongoing exploration success at Han Pegmatite. Over 105,000 meters have been drilled since July 2023. Significant results include 67m at 1.9% Li2O from Leia Pegmatite and 15m at 1.6% Li2O from Chewy North. Wildcat is well-funded with $77.2 million in cash as of June 30, 2024, to continue exploration and advance development studies at Tabba Tabba.
Key Points
  • High-grade lithium results in multiple pegmatites at Tabba Tabba.
  • 67m at 1.9% Li2O, including 46m at 2.5% Li2O from Leia Pegmatite.
  • 15m at 1.6% Li2O, including 6m at 2.9% Li2O from Chewy North Pegmatite.
  • Over 105,000m drilled at Tabba Tabba since July 2023.
  • Significant new high-grade zones identified at Leia, Chewy North, and Han Pegmatites.
  • Wildcat Resources Limited has $77.2 million cash to fund ongoing exploration and development.
  • Tabba Tabba Lithium Project is located near major hard-rock lithium mines in Pilbara, WA.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.