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Lithium Consolidated Mineral Exploration Ltd.
Summary
| Project: | Yilgarn | |
|---|---|---|
| Deposit: | Yilgarn | |
| Location: | Australia | |
| Commodities: | Lithium | |
| Date: | 4/6/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-4-2018: Lithium Consolidated Mineral Exploration Ltd. announces an Exploration/Drilling Update report for its Yilgarn deposit at the Yilgarn project. Drilling results incl. 2m @ 175.5 ppm Li from 13m. Lithium Consolidated Mineral Exploration Ltd (“LCME” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Adrian Black (Newexco Services Pty Ltd.) | |
| ABSTRACT: | Lithium Consolidated Mineral Exploration Ltd (“LCME”) is pleased to announce that the Phase 1 Yilgarn Lithium Project drilling program geochemical results have been received and interpreted. The results confirm the presence of Lithium-Caesium-Tantalum (LCT) pegmatites under cover in at least 3 Licenses. Anomalous levels of Li and associated LCT pegmatite pathfinder elements (i.e. Cs, Nb, Rb, Sn, Ta) were intersected in holes in the E63/1826 (Dundas), E63/1814 (Bedonia) and E63/1813 (Ten Mile) licences. Elevated levels of LCT pegmatite pathfinder elements were also intersected in several holes at Snomys (see Figure 1). Anomalous LCT pegmatite pathfinders were identified at the Dundas License in and around the intersected weathered pegmatites in both Aircore lines, approximately 1.6km apart. Airborne magnetic data used to target the Dundas area indicates that the prospective zone is open to the north and south of the current drilling. LCME believes that the Dundas area is the southern part of a buried LCT pegmatite corridor. LCME currently holds the Licenses to the north of the current Aircore lines over an area covering approximately 40km of the prospective granite contact zone and potential LCT pegmatite corridor (see Figure 1). These Licenses have had limited previous gold exploration and until recently no lithium exploration. | |
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