Highlights:
- Loyal Lithium has refined targets and established work plans for 2023 at its 100% owned
- An initial review of
o Many pegmatite outcrop observations exist at the
o The pegmatite outcrop observations at the anomalous historical lithium assay (180ppm) site have the same classification as those identified at Winsome Resource's (ASX:WR1)
o Pegmatites were also observed in all 13 historical drill core logs and photos, (image 1, 2, and 3*), with a combined total of 274m of pegmatites intercepted
-
o Historical data review - obtained via acquisition
o Geochemical testing of pegmatites found in historical drill core - core trays located
o Satellite imagery - via
o Field mapping - Spring/Summer of 2023
- Inaugural field program at Brisk completed to yield the following highlights:
o More pegmatite outcrops than originally anticipated at Area 1
o Area 1 & Area 2 considered prospective for lithium, with further field work recommended
- Multiple samples containing highly fractionated pegmatites with indicator mineralogy (anomalous Lithium, Tantalum, Niobium, Beryllium and Bismuth).
o Area 3 southwest pegmatite body is highly continuous with rubidium detected in the geochemical signature and further field work recommended
- Loyal Lithium is embracing the opportunity within
Loyal Lithium CEO, Mr
"
"During the Canadian winter, we plan to conduct an extensive historical data review of the packages acquired at
"At Brisk, the 6-day inaugural field program has provided us with anomalous assay results for lithium and other indicator minerology, such as Tantalum and Niobium. Although only one day of field mapping was conducted per area, our geological partners have been able to define Areas 1 and 2 as our most prospective targets for lithium. With more pegmatite outcrops in Area 1 than first noted, we will consider multispectral and hyperspectral satellite data to assist in defining a more detailed field mapping exercise in 2023."
*To view the full release including tables and figures, please visit:
https://abnnewswire.net/lnk/9HQ0856Y
About
Contact:
Chief Executive Officer
aritchie@loyallithium.com
+61-403-462-383
Investor and Media Relations
jm@janemorganmanagement.com.au
+61-405-555-618
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