Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Heritage Intersects ~46 Metre Quartz-Sulfide Vein in second...
Cygnus Metals to Present at the Precious Metals...
Juggernaut Further Increases Oversubscribed Financing to $10,329,735 Due...
Allied Critical Metals Announces Frankfurt Stock Exchange Listing
Altech Batteries LtdCERENERGY Type Battery Shows 28 Year...
Westport Publishes Annual General and Special Meeting Results
Manindi Ti-V-Fe Discovery Delivers High-Grade Concentrates
Trump Admin Fast Tracks Anfield’s Velvet-Wood Uranium Project...
Crypto Market Recap: Coinbase to Join S&P 500,...
5 new Uber features you should know —...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Investing

Infill Soil Sampling at Dundas to Further Define Lithium Drill Targets

by admin October 7, 2024
October 7, 2024
Infill Soil Sampling at Dundas to Further Define Lithium Drill Targets

Lightning Minerals (L1M or the Company) is pleased to announce the start of a targeted infill soil sampling program at its Dundas lithium project in Western Australia. The program is designed to infill the existing geochemistry program which was completed on a grid spacing of 400m x 400m and will consist of approximately 500 samples.

A number of areas of interest were identified in the previously completed regional soil sampling program, particularly on Dundas North tenements E28/3027 and E28/3028 where broad lithium in soil anomalism was identified across an area of 35km2 and up to 147ppm Li1.

HIGHLIGHTS

Infill soil sampling program of ~500 samples to further test previously identified lithium in soil anomalism of up to 147ppm Li1Dundas North tenements to be tested across three large lithium targets up to 35km2, as identified in March 2023. Sampling to be completed down to granularity of 200m x 100m in some areasOn-ground works at the Company’s Brazil lithium projects in Lithium Valley is in progress with results expected imminently

Lightning Minerals Managing Director Alex Biggs said, “It’s good to be getting back to our works at Dundas following a period of review. We are focusing on areas of interest that have been previously identified as containing lithium in soil anomalism. Our work program is focused and targeted and will allow us to identify appropriate drill targets for a future exploration program. The infill soil sampling on our Dundas North tenements is of particular interest as it allows for us to develop higher confidence drill targets across the project areas. As much as our focus is on Brazil and our accelerated exploration on those projects it is important that we further our efforts at Dundas also particularly as we have gained significant knowledge of the region since our works began there in 2022. The Company now possesses lithium exploration potential in three of the strongest jurisdictions globally for the commodity which sets us up well for success as we move forwards.”

Dundas North Infill Soil Sampling

Phase 1 soil sampling was completed during Q1 and Q2 of CY2023 with samples collected on a nominal 400m x 400m grid across the tenements, with analysis completed by LabWest Minerals Analysis (LabWest). Analysis utilised the Ultrafine + (UFF+) method with chemical analysis for a suite of 62 elements including lithium and associated pathfinders typically used for identification of lithium-caesium-tantalum (LCT) mineralisation.

The tenor of background lithium level within the project area and the Mt Belches lithological unit appears to be approximately 40-60ppm lithium. The elevated zones returning multiple samples with values above 80ppm lithium and up to a peak result of 147ppm lithium. Results are thought to provide sound vectors toward potential mineralisation as the elevations are clustered and are proximal to suitable granitic protoliths within the ‘goldilocks zone’ for LCT pegmatite mineralisation. The ‘goldilocks zone’ is typically estimated to be between 2km and 10km from the source granitic body.

This geological setting therefore requires follow up exploration works to ascertain the source of the anomalies and forms the basis of the infill soil sampling program as shown in Figure 1. Infill sampling will be completed down to a granularity of 200m x 100m.

Dundas South Infill Soil Sampling

Soil sampling will also be undertaken at the Dundas South project area following up zones of interest identified by the regional soil program. Grids of differing resolutions will be completed across tenements E63/2028, E63,1932, E15/1748 and E63/1993 down to a minimum of 200m x 200m. Targeting criteria in these areas focus mainly on existing results for lithium and its pathfinder elements identified during the reginal program (as reported in ASX Announcement 23 March 2023), but also aim to assess gold/nickel potential as the genetic models can share attributes regarding lithologies, geochemistry and rheology. The planned sites are shown on Figure 2 below, modifications may be undertaken in the field as guided by the supervising geologist.

Click here for the full ASX Release

This post appeared first on investingnews.com

previous post
S&P 500 and Nasdaq: New support and targets on Friday
next post
Harris dismisses Trump’s comments that he’s a ‘protector’ of women

You may also like

West High YieldResources Ltd. Announces Amended Permit Submission

September 20, 2024

Metals and Mining Virtual Investor Conference: Presentations Now...

May 10, 2025

US Plans to Triple Nuclear Power Capacity by...

November 16, 2024

RAD 202 receives approval to start Phase 1...

December 20, 2024

Top 5 Canadian Mining Stocks This Week: Tag...

April 26, 2025

Convertible Loan Funding Completed

December 28, 2024

Cannabis Market Forecast: Top Trends That Will Affect...

December 28, 2024

Multiple New Multi-Commodity Targets

May 12, 2025

Retraction of Forecast Financial Information Plus Announcement on...

October 13, 2024

Mark These Tax-loss Selling Dates on Your Calendar...

October 1, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Heritage Intersects ~46 Metre Quartz-Sulfide Vein in second Hole at Zone 3 Extension

      May 16, 2025
    • Cygnus Metals to Present at the Precious Metals & Critical Minerals Hybrid Investor Conference on May 22nd

      May 16, 2025
    • Juggernaut Further Increases Oversubscribed Financing to $10,329,735 Due to Strong Demand from Institutions and Accredited Investors — Dr. Quinton Hennigh Technical Advisor

      May 16, 2025
    • Allied Critical Metals Announces Frankfurt Stock Exchange Listing

      May 16, 2025
    • Altech Batteries LtdCERENERGY Type Battery Shows 28 Year Shelf Life

      May 16, 2025
    Promotion Image

    banner ads

    Categories

    • Business (667)
    • Economy (829)
    • Investing (1,993)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved