Flynn Gold Ltd (ASX:FG1) has identified a large, high-priority lithium target in first-pass soil sampling at its 100%-owned Lake Johnston Lithium Project in Western Australia.
Assay results from the soil sampling, completed in late 2023, have identified priority target 1 — a large-scale (4 kilometres by 1 kilometre) lithium anomaly with supporting associated pathfinder geochemistry.
Twenty-three of the samples returned assay results better than 100ppm lithium oxide and the anomaly remains open to the south, covering lithologies considered favourable to host pegmatites.
This target is 11 kilometres southeast of the Burmeister lithium pegmatite discovery held by TG Metals Ltd and just 5 kilometres southeast of the Mt Gordon Prospect held by Charger Metals NL.
Soil geochemistry
The results from a soil geochemistry program at Lake Johnston outlined three substantial lithium soil anomalies. In addition to priority target 1, the soil sampling has outlined a 2-kilometre-long by 400-metre-wide lithium anomaly (target 2) in the vicinity of the mapped pegmatites. A third lithium soil anomaly is in the northwest portion of the tenement.
Flynn believes these soil sampling results represent the first ever significant systematic exploration for lithium at its Lake Johnston project.
Flynn’s exploration licences at Lake Johnston were granted in July 2023 and during an initial reconnaissance field trip, three previously unmapped pegmatite outcrops were identified on E63/2190.
“Outstanding assay results”
Flynn Gold managing director and CEO Neil Marston said, “We are very pleased to report outstanding assay results from our first soil program at Lake Johnston, which is rapidly emerging as WA’s newest lithium hotspot.
“Flynn has outlined a 4-kilometre-long strong lithium soil anomaly, along strike from the recent high-grade lithium discoveries at the nearby Burmeister, Jaegermeister and Mt Gordon prospects. This anomaly extends to the limit of the sampled area and has potential to be extended to the south by further sampling.
“Over the last few months, Flynn has successfully outlined significant lithium soil anomalies at its Western Australian lithium projects. The company’s Lake Johnston and Parker Dome projects in the Yilgarn region and Mt Dove project in the Pilbara are well located near existing lithium deposits or operating mines.
“Flynn will now systematically advance these targets at Lake Johnston with value-adding, low-cost infill and extensional soil sampling and geological mapping.”