Wildcat Resources (ASX:WC8) said the final definitive feasibility study metallurgical drilling at the Tabba Tabba project in Western Australia was completed in the September quarter, according to a Thursday Australian bourse filing.
Assays for this drilling included 110.1 meters at 1.2% grade of lithium oxide from 195 meters, consistent with its geological model and reinforcing the width and grade of the Leia pegmatite, where around 63% of the mineral resource estimate occurs.
During the quarter, the firm applied for nine exploration licenses and acquired one, the filing said.
Wildcat Resources' shares fell almost 7% in recent trading on Thursday.