Arizona Lithium (ASX: $AZL) receives BLM approval for drilling at Big Sandy

Arizona Lithium Limited (ASX: $AZL) has received approval from the US Bureau of Land Management (BLM) for the Permit of Exploration (POE) at the Big Sandy Lithium Project in Arizona, USA. The drill program, scheduled to commence in July 2024, aims to expand the total Indicated and Inferred JORC Resource of 32.5 million tonnes grading 1,850 ppm Li for 320,800 tonnes Li2CO3. With only 4% of the project area drilled to date, the upcoming program will test the validity of the estimated exploration target of between 271.1Mt to 483.2Mt at 1,000 - >2,000ppm Li2.

Executive Commentary on BLM Approval and Drilling Program

We are extremely pleased to have received approval from the Bureau of Land Management for the long-awaited follow-up drill program at Big Sandy in Arizona. This represents a substantial development opportunity for a deposit that presently contains a JORC resource of 320,800 tonnes LCE. With only 4% of the project drilled to date, we are looking to expand the existing Resource and validate the exploration target.

Summary of BLM Approval and Drilling Program

Arizona Lithium (ASX: $AZL) has secured approval from the US Bureau of Land Management for a drill and bulk sampling program at the Big Sandy Lithium Project in Arizona, USA. The upcoming drill program, managed by Navajo Transitional Energy Company, aims to expand the existing Resource and validate the exploration target. With the potential for significant lithium resources, Arizona Lithium is poised for further development and growth in the sustainable lithium sector.