Wodgina East’s Growing Promise Shines as ASX200 Momentum Builds Around Battery Metals

May 08, 2025 01:39 PM AEST | By Team Kalkine Media

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Wodgina East’s Growing Promise Shines as ASX200 Momentum Builds Around Battery Metals — Image source: Shutterstock

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Highlights

Riversgold boosts focus on Pilbara-based lithium and iron assets

Strategic location gains importance near expanding Wodgina Mine

Site review supports next steps in detailed exploration

Riversgold Limited (ASX:RGL) has brought new attention to its Wodgina East tenement in Western Australia’s Pilbara, following a strategic site review that emphasized its positioning beside one of the world’s top lithium mines. With Mineral Resources Limited’s (ASX:MIN) Wodgina Lithium Mine pushing closer to Riversgold’s eastern boundary, the asset’s relevance is gaining traction in the broader battery minerals narrative within the ASX200 index landscape.

Located just 120 kilometres south of Port Hedland and close to vital shipping infrastructure like the Utah Point terminal, the Wodgina East site offers notable logistical advantages. A key transportation route, the Great Northern Highway, cuts through the southeast of the tenement, enhancing future development options.

In May 2024, Riversgold completed a Phase 1 exploration at Wodgina East, identifying multiple potential channel iron deposits (CID). Geological mapping and satellite imagery revealed erosion-resistant mesas over 1.5 kilometres in length. One mesa showed a sedimentary unit featuring goethite-hematite and iron-rich clasts – a strong indicator of CID-style mineralisation.

Historical sampling results further support this view. Past exploration by Hemisphere Resources in 2011 and 2012 at Mesa 2 produced iron grades ranging from 51.94% to 56.57%. This data aligns with Riversgold’s renewed focus on Wodgina East’s potential not only in lithium but also as a prospective iron ore development, especially given its proximity to multiple known iron ore assets in the region.

The recent site visit allowed the Riversgold geological team to reassess past exploration efforts while witnessing the growing footprint of operations at Wodgina firsthand. This proximity boosts confidence in the long-term strategic value of the tenement as it continues to play a role in the broader Pilbara exploration footprint.

While lithium remains central to the company's strategy, Riversgold’s diversified focus across copper, uranium, and iron ore—including in Australia's Yilgarn region and New Brunswick, Canada—could provide a multi-commodity growth pathway. As global interest in battery minerals strengthens and infrastructure advantages align, Wodgina East appears well-positioned for deeper exploration.

For those tracking resource-focused opportunities in the ASX dividend stocks segment, Riversgold offers exposure to evolving mining potential within proximity to key players and critical infrastructure.

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