Venari Minerals NL (“Venari”) is pleased to report assay results for a further four holes of the 13-hole Reverse Circulation (RC) drilling campaign completed at the 100 %-owned Red Mountain Lithium Project in Nevada, USA, in October 2025.
The latest assays include multiple thick zones of lithium mineralization in holes RMRC019 and 020 and RMRC024 and 025 and build on the recently announced excellent results9 for RMRC022 and 023, demonstrating wide intersections of lithium mineralization with internal high-grade zones in the central Red Mountain Project area.
These results, which are consistent in width and tenor with those intersected in previous drill-holes mid-project, mark the completion of the drill dataset in the central project area ahead of the delivery of a maiden Mineral Resource Estimate for Red Mountain, scheduled for completion and release next month. Assays for the remaining seven holes from the campaign, which focused on the northern project area, are expected in the coming week.
Venari Chairman, Tony Leibowitz, said:
“These latest outstanding results from the October drilling campaign have further reinforced the exceptional potential of the Red Mountain Project, returning broad lithium intercepts with multiple highgrade zones. These holes complete the drilling data for the central project area, with momentum now building towards the delivery of a maiden Mineral Resource Estimate for Red Mountain in December. We also look forward to reporting further assay results from the northern zone of the Project later in the month.”