Tali Resources has completed its initial reverse circulation drilling program at the West Arunta Project, with assay results expected in the December quarter. The company is advancing further exploration activities backed by government incentives.
- Completed 12 RC drillholes totaling 1,818 meters across five prospects
- Samples sent for assay with results due in December quarter
- Received $180,000 Exploration Incentive Scheme grant
- Drilling finished on schedule and within budget
- Planning additional geophysical surveys and exploration
Drilling Completion Marks Key Milestone
Tali Resources Ltd (ASX, TR2) has successfully concluded its initial reverse circulation (RC) drilling campaign at the West Arunta Project in Western Australia. The program, comprising 12 drillholes totaling 1,818 meters, targeted five prospects, Chilka, Lonar, Maton B, Maton C, and Gibson East. The drilling was executed on schedule and within budget, reflecting efficient project management and operational discipline.
Awaiting Assay Results to Illuminate Potential
Samples collected during the drilling are currently en route to ALS Laboratories in Perth for assay analysis. The company expects to receive detailed assay results in the December quarter, which will provide critical insights into the mineralisation potential of the targeted prospects. Until then, the economic significance of the drilling remains to be determined, but the systematic approach and comprehensive sampling bode well for a thorough evaluation.
Government Support and Strategic Exploration Plans
Tali Resources has benefited from a $180,000 Exploration Incentive Scheme (EIS) grant from the Western Australian Department of Mines, Petroleum and Exploration, which partially funded the drilling at the Maton prospects. The company is in the process of meeting grant requirements to secure reimbursement. Beyond drilling, Tali is advancing additional exploration initiatives, including ground-based gravity and passive seismic surveys, aiming to refine targeting and expand understanding of the region’s geology.
Geological Context and Future Outlook
The West Arunta Project lies within a geologically complex and prospective region known for iron oxide copper gold (IOCG), nickel-copper-platinum group elements, rare earth elements, and sediment-hosted copper deposits. The project area is largely covered by sediment and sand dunes, making drilling and geophysical surveys essential tools for exploration. Tali’s leadership emphasizes a multi-disciplinary approach, leveraging expert geological and geochemical analysis to interpret results and plan follow-up activities.
Next Steps for Investors and Market Watchers
With drilling complete and assays pending, the coming months will be pivotal for Tali Resources. The market will be watching closely for assay results that could validate the company’s exploration strategy and potentially unlock value in this emerging mineral province. Meanwhile, ongoing geophysical work and expert evaluations signal a methodical progression towards defining viable mineral resources.
Bottom Line?
Tali’s disciplined drilling campaign sets the stage for a critical assay update that could reshape its West Arunta prospects.
Questions in the middle?
- What mineral grades and widths will the December assays reveal?
- How will the upcoming geophysical surveys influence future drilling targets?
- What is the timeline and budget outlook for follow-up exploration activities?