Australasian Gold Limited announced that the Company has applied for and been admitted to the CSIRO Kick-Start Program, to research the topic "Lithium (Li) Exploration in the Mt Peake Pegmatite Field" within ELA/32830 in the Anningie pegmatite province. Through Australia's national science agency, CSIRO, the Company will gain access to optical, thermal and geophysical remote sensing data analysis and interpretation workflows, as well as instrumental equipment to identify potential key features of Li-bearing pegmatites. CSIRO has previously researched the Greenbushes and Pilgangoora lithium mines in Western Australia and the Goulamina lithium project in Mali, with respect to spectral sensing data analysis, and will use this prior research and experience to assist Australasian to identify potential lithium bearing pegmatite outcrops at the Mt Peake Lithium project. Australasian will ground-truth any generated targets and provide feedback to the CSIRO who will in turn refine their analytical methods. The recent field mapping program at Mt Peake has so far identified several major pegmatite outcrops in the northwest corner of the license which are characterised by coarse-to-medium grained, muscovite and tourmaline-rich white to grey pegmatite. These pegmatites have similar lithology with the pegmatite of Core Lithium's Anningie lithium project.