Leeuwin Metals Ltd (ASX:LM1) has achieved a “significant milestone” on kicking off field activities at its Cross Lake Lithium Project (previously Jenpeg) in Manitoba, Canada.
The critical minerals explorer is conducting a focused exploration program to define targets, using mapping and geochemical sampling to pave the way for future drilling.
This fieldwork follows successful re-assaying of historical drill core for lithium which revealed high-grade lithium with multiple, shallow, significant intercepts of spodumene-bearing pegmatites, reaching up to 1.75% lithium oxide.
Looking ahead, assays for the final three historical drill holes are pending, with results anticipated in the coming weeks.
$LM1 Leeuwin Metals hits shallow, broad high-grade lithium across four more holes at Jenpeg in Canada https://t.co/cAcEtpfO1Q @LeeuwinMetals #LM1 #ASX #ASXNews— Proactive Australia (@proactive_au) August 20, 2023
On-site exploration
Leeuwin managing director Christopher Piggott said: “This marks a significant milestone for the company as we begin on-site exploration.
“Our primary goal is to enhance our confidence in the geological model and refine additional targets within the trend.
“We anticipate providing regular updates on our field activities at Cross Lake in the upcoming months.
“Our team is enthusiastic about exploring in this highly mineral-rich region.
“Collaborating with the Government and local First Nation communities, we are committed to executing comprehensive exploration programs across the region.”
Outcropping spodumene-bearing pegmatites near historical drilling
Field activities
The company has commenced boots-on-ground exploration activities, focusing on additional rock chip and channel sampling, detailed geological mapping and utilising remote sensing tools.
This work will look to define the large-scale lithium opportunity in a region that has previously not been subject to systematic lithium exploration.
Initial fieldwork will focus on the area of historical drilling and Spodumene Island where historical mapping has identified highly fractionated outcropping pegmatites along the shoreline of the islands.
The aim of this work is to identify and further understand the potential scale of the pegmatite swarm present in the region.
Pegmatite sample with large spodumene crystals present in outcrop.
Forward plan
Leeuwin aims to complete the field program with the results to be used to design future exploration activities with the aim to submit drill permits in the December quarter of 2023.
Execution of the drill program is targeted for the first half of 2024.
The company expects to receive the final assay results from the re-sampling of historical core in the coming weeks, with three holes still pending.
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