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Leeuwin Metals kicks off summer field exploration at Cross Lake Lithium Project in Canada

Published 03/07/2024, 11:58 am
Updated 03/07/2024, 12:30 pm
© Reuters.  Leeuwin Metals kicks off summer field exploration at Cross Lake Lithium Project in Canada
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Leeuwin Metals Ltd (ASX:LM1) has begun field mapping over promising lithium-caesium-tantalum (LCT) pegmatites at the Cross Lake Lithium Project in Manitoba, Canada, following up last year’s exploration, which identified a 4.7-kilometre prospective lithium corridor.

The fieldwork will better inform LM1 as to the position and nature of spodumene (hard rock lithium) mineralisation in unexplored areas of the project.

Hyperspectral imagery and desktop targeting has identified more than 300 walk-up targets to be tested in 2024.

The exploration team will also focus on advancing targets prospective for lithium, copper, gold and silver within the 2,000-square-kilometre tenure, which sits within the Cross Lake greenstone belt.

“Significant potential” to expand project

“The summer field season will see Leeuwin significantly expanding on the fieldwork that was completed at the end of last year,” Leeuwin Metals managing director Christopher Piggott said.

“Fieldwork is planned to target interpreted spodumene-bearing LCT pegmatites in unexplored areas of the project to expand mineralisation and drill targeting.

“The Cross Lake Lithium Project currently spans a well-defined trend of 4.7 kilometres, based on sampling and historical drilling.

“We believe there is significant potential to further expand the scale of the project.

“Additionally, we are also pleased to see the Fraser Institute has now ranked Manitoba at 6th best place for mining investment attractiveness worldwide.

“With the commencement of work programs and the progression of the drill permit, we have multiple high-impact exploration activities planned for the second half of 2024.

“We look forward to providing updates as we progress with our work programs.”

Leeuwin will leverage results from this summer field program to target its upcoming drill program – LM1 says permitting is well advanced, and the program is scheduled to begin within the next few months.

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