Wildcat Resources announces significant milestone

Wildcat Resources (ASX:WC8), an Australian lithium explorer and developer, has announced its maiden Mineral Resource Estimate (MRE) for the Tabba Tabba Lithium Project in Western Australia. The project hosts the country's largest undeveloped publicly reported hard-rock spodumene resource, with an MRE of 74.1 million tonnes at 1.0% Li2O.

Wildcat's ambitious plans for Tabba Tabba Project

Wildcat Resources has announced a substantial Mineral Resource Estimate for the Tabba Tabba Lithium Project, marking an important step in its development strategy. The resource consists of 74.1 million tonnes at 1.0% Li2O, indicating a strong potential for future lithium production. The project is strategically positioned near major lithium mines and infrastructure, which facilitates development. Wildcat intends to continue exploration, aiming for resource growth and completion of feasibility studies. The company is financially well-positioned with a strong cash reserve, and it has appointed a new General Manager of Project Development to lead further efforts. This project is set to contribute significantly to the growing global demand for lithium, driven by the rise of electric vehicles and renewable energy storage.

Executive commentary on Mineral Resource Estimate

The MRE at Tabba Tabba is a major milestone for Wildcat Resources, demonstrating the project's potential as a significant lithium resource. With 94% of the MRE classified in the Indicated category, we have a high degree of confidence in the resource quality. Our strategic location near major lithium operations and existing infrastructure supports our rapid development plans.