Battery Age Minerals has reported its best lithium drilling results to date at the Falcon Lake Lithium Project in Ontario, with thick, high-grade spodumene intercepts signaling significant growth potential.
- Exceptional lithium intercepts: 54.1m @ 1.74% Li2O and 55.95m @ 1.47% Li2O
- Southern extension of mineralisation confirmed with 43m @ 1.62% Li2O
- Falcon Little Lake pegmatite remains open at depth and along strike
- Only 5 of 30 high-priority targets drilled, indicating substantial exploration upside
- Drilling focused on thick, spodumene-bearing pegmatite bodies in 2024 winter program
Falcon Lake Delivers Breakthrough Lithium Results
Battery Age Minerals Ltd (ASX: BM8) has announced a landmark set of assay results from its 2024 drilling campaign at the Falcon Lake Lithium Project in Ontario, Canada. The company reported exceptionally thick and high-grade spodumene-bearing pegmatite intercepts, including a standout 54.1 metres at 1.74% lithium oxide (Li2O) and 55.95 metres at 1.47% Li2O. These intercepts represent the best lithium drill results the company has achieved to date, underscoring the project's emerging scale and quality.
The winter drilling program concentrated on the Falcon Little Lake target, where 15 holes were completed, with significant mineralisation encountered in 14. Notably, the drilling expanded the mineralised zone southward, with hole 24FL-114 intersecting 43 metres at 1.62% Li2O, marking the most southern extension drilled so far. The spodumene-bearing pegmatite remains open both at depth and along strike, suggesting considerable potential for further resource growth.
Exploration Upside and Strategic Positioning
Despite these impressive results, Battery Age Minerals has only tested 5 of the 30 high-priority targets identified through comprehensive geophysical surveys and surface sampling. This leaves a substantial portion of the project area largely unexplored, offering significant upside for future discoveries. The company’s methodical approach to exploration, combining drilling with geophysical and geochemical techniques, positions Falcon Lake as a highly prospective lithium asset in the competitive battery metals sector.
Battery Age’s CEO, Nigel Broomham, highlighted the importance of these results, stating that the thick, high-grade intercepts and southern extensions emphasize the enormous growth potential of the Falcon Lake project. He expressed confidence that ongoing and future drilling campaigns will unlock further value for shareholders as the company systematically explores the region.
Technical Rigor and Quality Assurance
The drilling program employed industry-standard NQ diamond core techniques, with half-core samples taken for assay to ensure representivity. Assays were conducted by AGAT Laboratories using sodium peroxide fusion followed by ICP-OES and ICP-MS analyses, providing robust multi-element data. The company has maintained rigorous quality control protocols, including duplicates, standards, and blanks, to ensure data integrity. While no twinned holes have been drilled yet, the comprehensive logging and sampling procedures support the reliability of the reported results.
Geologically, the Falcon Lake project is situated within Archean supracrustal and plutonic rocks of the Eastern Wabigoon Sub-province, hosting spodumene-subtype, tantalum-rich pegmatite dykes. The recent geophysical survey identified a magnetic low correlating with pegmatite bodies, which guided the southern extension drilling and will inform future exploration targeting.
Looking Ahead
Battery Age Minerals is poised to continue its aggressive exploration strategy at Falcon Lake, with plans for further drilling, mapping, and geophysical surveys. The open nature of the mineralisation at depth and along strike, combined with the large number of untested targets, suggests that the project could evolve into a significant lithium resource. Investors and analysts will be watching closely for upcoming drilling results that could further define the scale and grade continuity of this promising deposit.
Bottom Line?
Falcon Lake’s thick, high-grade lithium intercepts mark a pivotal step for Battery Age Minerals, but the real story is just beginning as exploration targets remain largely untested.
Questions in the middle?
- How will upcoming drilling programs prioritize the remaining 25 high-priority targets?
- What are the implications of the southern and depth extensions for potential resource size and mining methods?
- When can investors expect an initial resource estimate based on these latest drilling results?