Lord Resources Limited announced official grant of exploration licence E15/1770, the Horse Rocks Lithium Project. A comprehensive surface geochemical sampling program has been designed to cover the entire tenement area. The results of the multi-element analysis will aim to identify near surface anomalies, which will assist with drill targeting.

Concurrently, the Lord Resources technical team will carry out geological mapping and rock chip sampling, to verify the historically mapped pegmatites, and expand known occurrences. The field crew is expected to mobilise within the week, to begin exploration, following the 5 days' notice period required by the Department of Biodiversity, Conservation and Attractions (DBCA). This exploration program will be the first exploration for lithium within the project area.

Geology and Background: Located 23 km south of Coolgardie in Western Australia's Eastern Goldfields, the Horse Rocks Lithium Project comprises a 23.8km2 exploration licence, 8km west of Mineral Resources' Mt Marion Lithium Mine. The Horse Rocks Project lies within a folded portion of an isolated greenstone belt, within the Coolgardie Domain of the Yilgarn Craton. The greenstone belt is comprised of high- magnesium basalts, gabbroic sills and komatiite sequences.

The granodiorite Depot Dome is to the immediate east of the greenstones and is the interpreted source of the many pegmatite intrusions within the tenure. The Horse Rocks Project is considered prospective for pegmatite hosted lithium, nickel sulphide and orogenic gold mineralisation. Historical drilling has identified elevated nickel within the ultramafic sequences, along with gold anomalism in surface sampling.

The lack of any exploration for lithium provides an untested conceptual opportunity for Lord Resources.