Wildcat Resources Limited Posts 110m Lithium Intercept at 1.2% Li2O, Completes DFS Metallurgy Drilling & Bolsters $55M Cash Reserves
Thursday, July 31, 2025
at
8:15 am
Wildcat Resources Limited’s latest drilling at its Tabba Tabba Project has delivered strong lithium intercepts with enhanced grades and widths. These promising assay results support the project’s development, signaling potential upside for investors and demonstrating encouraging progress in the burgeoning lithium market.
Wildcat Resources Limited has released its final metallurgical assay results from recent diamond drilling at the Leia pegmatite within its Tabba Tabba Lithium-Tantalum Project in Western Australia. The drilling intercepted an impressive 110.1 meters at 1.2% Li2O (lithium oxide) beginning from 195 meters depth, with additional high-grade sub-intervals including 16.0 meters at 1.8% Li2O and 56.0 meters at 1.4% Li2O. These results demonstrate an overall uplift in both grade and thickness relative to nearby drillholes, with some intercepts showing grade improvements of up to 40% compared to previous holes.
The technical details indicate that these encouraging lithium intercepts, predominantly from the Leia pegmatite, continue to highlight the exceptional mineralisation within this domain. Despite a minor downgrade observed in one drillhole, the overall trend supports higher grade and wider intercepts than expected by the block model. With the definitive feasibility study (DFS) now incorporating these drilling results, the ongoing metallurgical testwork and regional exploration are positioned to further evaluate the project’s robustness.
In addition to the promising drilling outcomes, the company reported a healthy cash position of AU$55.1 million as at 30 June 2025. The Tabba Tabba project, which features a maiden JORC Mineral Resource Estimate of 74.1 million tonnes at an average of 1.0% Li2O, continues to be strategically located with proximity to some of the world’s largest hard-rock lithium operations.
From a bullish perspective, these assay results are seen as a strong positive indicator for the project’s future, given the uplift in both grade and mineralised width. The technical improvements over previous data and completion of DFS-related metallurgical drilling suggest that the project could deliver additional upside, bolstering investor confidence. Conversely, a bearish sentiment may arise from cautious traders noting that results from selected up-dip holes are still pending and minor grade variations between drilling styles could add some uncertainty to the short-term outlook. Overall, however, the forward momentum in project development and solid financial position are expected to play a supportive role in the company’s near-term prospects.