Highest-grade lithium intersected to date at Red Mountain
Venari Minerals has delivered its strongest lithium result to date at Red Mountain, with drill hole RMRC013 intersecting an exceptional 77.7m at 2,440ppm Li, including multiple high-grade zones above 4,000ppm Li. It’s a standout result that firmly establishes a high-grade core in the northern zone, and VMS CEO Matt Healy joins Alex Paull of Investor Stream to delve into the significance of these results.
Crucially, RMRC013 extended high-grade mineralisation down-dip from earlier hits, confirming continuity at depth and pointing to a larger, thicker lithium system than previously recognised.
It follows strong results released last week, where RMRC014 and RMRC015 delivered very broad, consistent lithium mineralisation, validating RC drilling against earlier diamond core results and further de-risking the project ahead of the maiden Resource.
With final assays pending and the maiden Mineral Resource Estimate approaching, Red Mountain is shaping into a compelling US-based lithium story at exactly the right point in the lithium cycle.
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