NickelSearch (ASX: $NIS) Regional Ultrafine Fraction Soil Sampling Program Results

NickelSearch Limited (ASX: $NIS) has announced the results from its regional Ultrafine Fraction (UFF) soil sampling program at its Carlingup Lithium-Nickel Project in Western Australia. The program identified a new, broad scale lithium, caesium, and tantalum (LCT) anomaly covering an area of approximately 4 km X 1km. The anomaly is coincident with key pathfinder element gallium and exhibits peak lithium values of 190ppm Li (409 ppm Li2O).

NickelSearch Executive Chairman, Mark Connelly's Commentary

The results from our regional soil sampling program highlight the upside potential in our significant landholding in the Ravensthorpe district. Approximately 20km of prospective granite greenstone contact remains unexplored for LCT bearing pegmatite systems, and all located within a short distance of the Mt Cattlin lithium mine and processing facility. Our approach to deploy the Ultra Fine Fraction soil sampling technique is proving logistically simple and provides a broad element suite to assess not only the lithium prospectivity, but also the potential for further base and precious metals systems in the district. We are encouraged by these results and believe with further UFF sampling we will identify more prospective zones across our tenure where no previous lithium focused exploration has been recorded. These targets will roll into our refined portfolio of drill targets and can now be added to the flora survey due for completion in the coming spring.

Summary of NickelSearch (ASX: $NIS) Announcement

NickelSearch Limited (ASX: $NIS) has successfully expanded its Carlingup Lithium-Nickel Project through the regional Ultrafine Fraction (UFF) soil sampling program, identifying a significant new broad scale lithium-caesium-tantalum (LCT) anomaly. The anomaly covers an area of approximately 4 km X 1km and exhibits peak lithium values of 190ppm Li (409 ppm Li2O). The company's next steps involve further sampling to assess the recently acquired tenements, particularly the contiguous northwest block, and completing the DEMIRS requested flora survey during the coming spring months. NickelSearch is in advanced discussions with Landscape Ecologists to complete the survey. The company is optimistic about the potential for further base and precious metals systems in the district and aims to identify more prospective zones across its tenure through additional UFF sampling.