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Drilling Preparation Works Conducted & Additional Lithium Targets Identified


HIGHLIGHTS

  • Drill access tracks and site preparations completed

  • Additional field sample results received - SM015: 2.48% Li20 - SM018: 0.21% Li20 (newly identified pegmatite)

  • Additional lithium bearing pegmatite targets identified in the field

  • Drilling works planned to commence next week



“The Company is very excited as we prepare to commence our maiden drilling program at our strategic and highly prospective NT Lithium Project. This puts Ragusa in a strong position to rapidly accelerate the development of our project within a proven high-quality lithium district.


We have a significant opportunity to utilise our exploration and development experience to rapidly progress our NT Lithium Project and realise the massive upside value potential in a Tier 1 jurisdiction close to major infrastructure at a time of record lithium prices.”



Jerko Zuvela

Ragusa Chairperson




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