Lanthanein Resources Ltd has completed planning for a drilling program at the Godzilla and Avenger lithium prospects of the Lady Grey Project in Western Australia which will also target multiple new gold, copper and nickel anomalies identified in recent tenement-wide soil sampling.
The drill planning follows ground proofing by company consultants of the recent lithium, gold and base metal results from sampling. There were 1,893 samples collected with multiple discrete and coincident lithium, gold, copper and nickel anomalies identified.
Lady Grey is directly adjacent to Covalent Lithium’s (SQM & Wesfarmers (ASX:WES)) producing Earl Grey Lithium Mine in the Forrestania Greenstone Belt which hosts 189 million tonnes at1.53% Li2O and also has the nearby historic Bounty Gold Mine which produced ~1.3 million ounces.
The initial focus of approximately 4,000-5,000 metres of aircore drilling will be Godzilla, a newly identified large lithium soil anomaly with a strike length of ~4 kilometres, and the Avenger lithium soil anomaly.
Next exploration phase
Lanthanein's technical director Brian Thomas said: “We are very excited to be moving to the next phase of exploration at Lady Grey with the planning of the drill program targeting significant lithium anomalies Godzilla and Avenger plus the multiple new gold, copper and nickel anomalies identified by the recent tenement wide soil sampling program.
“The proximity of Godzilla and Avenger to Covalent Lithium’s Earl Grey Lithium Mine greatly encourages us to believe we have an analogous mineralising event to Earl Grey.
“The Forrestania region is also well known historically for its significant gold production with the historic Bounty Mine producing ~1.3 million ounces of gold, plus the region has proven nickel endowment with IGO’s Forrestania Operations ~30 kilometres to the south.
"We will be pressing the approvals processes to be drilling these targets by Q3.”
Godzilla and Avenger
Both Godzilla and Avenger, stand out as a high-priority targets for follow-up and further evaluation.
Godzilla displays similar spatial relationship to potential lithium source granite as Covalent Lithium’s Earl Grey Mine.
The trending anomalous zones at Godzilla are on the edge of a large regional granite dome on the western area of Lady Grey Project and lithium anomalism extends ~3 kilometres eastward.
Avenger anomaly is in the northwest corner of the tenement covering an area of 1.7 kilometres x 1-kilometre.
With a peak result of 340ppm Li2O, this prospect displays consistent elevated lithium values across the entire 0.580 square metres.
All lithium soil anomalies have an association with elevated values for lithium pathfinder elements – particularly caesium.
Drilling will also target a >2-kilometre-long gold anomaly coincident with structural flexure plus copper and nickel targets.
The company said results of the latest soil survey were highly encouraging and emphasised the significant lithium prospectivity of the Lady Grey Project. These new soil anomalies represent compelling targets for potential new discoveries.
Work programs
Extensions and in-filling of the current soil surveys are already planned to further delineate and add to the company’s current lithium targeting, in conjunction with heritage surveys and drilling.
Lanthanein has engaged a geophysical consulting group to conduct a comprehensive review of all historical open file data plus acquire additional multi-client data to enable an assessment of the coincident geophysical features with the recent geochemical footprint.
The Programs of Work (PoW) and Heritage approvals processes are underway and the company is targeting drilling next quarter.