Aspect 25 Restricted (E25 or Firm) (ASX: E25; OTCQX: ELMTF) is happy to offer an replace on exploration actions at its Lake Johnston Lithium Undertaking in WA.
Lake Johnston is quickly turning into an rising province for arduous rock pegmatite-hosted lithium mineralisation. The Firm holds important exploration tenure over the Lake Johnston Greenstone Belt, the place current exploration actions proceed to reinforce the belt’s potential for industrial lithium mineralisation. Regardless of the current enhance in international lithium exploration exercise, the Lake Johnston greenstone belt stays comparatively underexplored, with exploration beforehand specializing in gold and nickel. Current outcomes introduced by explorers, together with TG Metals Restricted (ASX:TG6) and Charger Metals Restricted (ASX:CHR), nonetheless, display there’s important potential for lithium mineralisation within the belt.
Accordingly, E25 has undertaken information compilation and goal technology within the space to establish high-priority targets for follow- up testing. The actions up to now have included the compilation of historic exploration outcomes, re-processing and re- deciphering obtainable geophysical datasets, and analysing satellite tv for pc imagery and different distant sensing information units to establish potential outcropping pegmatites or different geological or geochemical targets.
E25 Managing Director Justin Brown commented: “While Aspect 25’s main focus is and can stay the commercialisation of our progressive excessive purity manganese refining course of, current actions within the Lake Johnston Greenstone Belt present a compelling case for the presence of probably financial lithium mineralisation inside Aspect 25’s ground-holding within the area. The Board due to this fact helps the allocation of assets to check this potential, with out impacting on the progress at our Butcherbird Manganese Mine in WA or the HPMSM facility being developed in Louisiana, USA in partnership with Normal Motors and Stellantis to offer long-term, moral manganese provide to the US electrical car trade.”
E25 has recognized a number of high-priority targets from its actions, and follow-up work is deliberate to outline the targets additional and pave the way in which for drill-testing of essentially the most compelling targets.
Historic drilling (refer Desk 1) intersected broad zones of light- colored igneous rocks logged as “pegmatites”. Earlier makes an attempt to resample the drill spoils had been unsuccessful because the spoils washed away; nonetheless drill chips have been efficiently recovered from the historic chip trays. These have been sampled as composites and submitted for assay, and whereas the outcomes won’t be quantitative, they’ll decide if there’s anomalous lithium or lithium pathfinder parts in these intersections.
- HCRC005 234m-294m (60m)
- HCRC007 227m-293m (66m)
- HCRC008 228m-255m (27m)
- HCRC009 185m-290m (105m)
Desk 1. Hardcore Prospect historic RC drilling areas –from historic WAMEX reporting.
Satellite tv for pc picture interpretation has recognized a possible goal on the Lisa Prospect at Lake Johnson. The satellite tv for pc picture clearly exhibits a light-coloured outcrop with a strike size of roughly 250m. The anomaly is interpreted as a possible pegmatite goal, nonetheless it would require on-ground follow-up investigations to find out the geological nature of the anomaly.
Determine 1. Satellite tv for pc picture anomaly – potential outcropping pegmatite.
The Rhoda Prospect was recognized from the Geological Survey of Western Australia (GSWA) regional mapping information. Six pegmatite dykes are recorded over a strike size of roughly seven kilometers on the GSWA 1:100k map of the world with two areas recognized within the ‘essential minerals database’ as mapped pegmatites.
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