Wildcat Resources Limited announced more exceptional results from its Tabba Tabba Lithium Project ("Tabba Tabba",
"the Project"), near Port Hedland, in the Pilbara, WA. Latest assay results from the Leia Pegmatite, including 180m @ 1.1% Li2O from 206m in TARC148, confirm that Wildcat is uncovering a Tier-1 lithium deposit at Tabba Tabba. Tabba Tabba is near some of the larger hard-rock lithium mines, it's 47km from Pilbara Minerals414Mt Pilgangoora Project, 87km from Mineral Resources 259Mt Wodgina Project and is only 80km by road to Port Hedland. The Leia Pegmatite is one of six significant pegmatite prospects within the 3.2km long field. All the pegmatite prospects at Tabba Tabba remain open and the Company is continuing with an aggressive exploration campaign. The Company has now completed 137 RC drill holes, three diamond tails and three diamond drill holes for 29,613m since drilling commenced at Tabba Tabba in July 2023. A second diamond drill rig was mobilised to site last week to replace one of the RC rigs to allow deeper testing of Leia orebody. The two diamond rigs are now double-shifting with the focus on drilling the discovery at depth, resource expansion and metallurgical sampling. An RC rig is continuing to drill pre-collars and to explore the broader potential of the pegmatite systems at Tabba Tabba. The Company has completed 73 drill holes into the Leia Pegmatite to date and results for 34 holes are pending. Since the last announcement 1, drilling has extended Leia a further 140m to the north where it remains open and is now defined (by drilling) more than 1.65km in strike length. It has also been extended a further 150m down-dip and has been intersected to more than 500m down-dip. Two drill holes on this section returned 85m at 1.5% Li2O from 133m (TARC128) and 85m at 1.3% Li2O from 167m (TARC144). Recent assays from follow-up drill hole (TARC148) on the section returned 180m at 1.1% Li2O from 206m (TARC148). Assays
are pending for two deeper diamond holes where Wildcat has logged 166.4m of mineralised pegmatite in TARC161AD and a further 83m of pegmatite was recorded in TADD008, 150m down dip of TARD161AD. The pegmatite mineralisation in TADD008 is the deepest intercept to date and the core samples appear to contain abundant spodumene. The thick, high-grade mineralisation continues towards the north and at depth with intersections of 71m at 1.0% Li2O from 183m (70m est. true width), including 47m at 1.5% Li2O from 183m (TARC145); and 98m at 0.8% Li2O from 226m (TARC147) (est. true width) including 11m at 1.5% Li2O from 232m and 39m at 1.4% Li2O from 271m. In the hanging wall of Leia, the Chewy Pegmatite continues to return consistent assay results near surface including 14m at 1.4% Li2O from 64m (TARC147); 14m at 1.3% Li2O from 17m and 10m at 1.4% Li2O from 54m (TARC145). The Company believes it is at an early stage of a globally significant lithium discovery at Tabba Tabba. The key indications of this are: The scale of Leia, with the consistent, tabular pegmatite body already confirmed over 1.65km in length, more than 550m down-dip and up to 180m in width. It is open in all directions and
expected to have significant down-dip continuity. Mineralogy confirmed via FTIR to be coarse, spodumene dominant, and the spodumene is white to clear suggesting it is likely to be low in iron. The size of the Tabba Tabba pegmatite system is very large, with more than 50 lithium pegmatites outcrops over a wide area along 3.2km strike length. The Project is located on Mining Leases, parts of which were fully permitted for mining (of the high-grade Tabba Tabba Tantalum Deposit) as recently as 2015. Tabba Tabba is one of the best located hard rock lithium projects, with direct road access 80km to a major town and port, and within 100km of two processing facilities. The Leia Pegmatite, and the Chewy Pegmatite in its hanging wall, continues to be the focus of Wildcat's exploration activities at Tabba Tabba. Pegmatite-hosted lithium mineralisation has now been defined to 350m vertical depth at Leia and the deposit remains open. Diamond drilling will continue to test the extent of the thickest parts of the deposit to help with planning for resource evaluation and preliminary mine planning. The Company notes that Pilbara Minerals has reported plans to expand its Pilgangoora3 open pit to depths of more than 440m below surface. Leia outcrops at surface for 1km and then plunges at ~20° to the north at the contact between a sedimentary unit and a gabbroic mafic unit. It is a consistent, thick, tabular body which appears to have potential for significant continuity at depth due to the thickness of the intercepts at depth to date. Mineralogy: Initial mineralogical results from a test of the
Fourier-Transform Infra-Red (FTIR) method on RC drill hole TARC131 (52m at 1.3% Li2O from 117m) from the Leia Pegmatite has confirmed that the only lithium mineral in that hole is spodumene and other lithium minerals were below detection. Further examples of spodumene dominant mineralisation in the recently completed TADD008 diamond drill hole, 150m down dip of TARC161AD. The Company continues to observe abundant salmon orange fluorescence (under ultraviolet light) in pegmatite intervals in both RC chips and diamond core. Next Steps: Maintain aggressive drilling of the Central Cluster, focusing on high-grade and thick lithium mineralisation at Leia, Chewy and Boba; Drill the multiple untested surface pegmatite outcrops to explore for further discoveries; Compile representative core samples for metallurgical test work; and Progress early-stage studies on Tabba Tabba mining leases.