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Lithium Universe launches exploration at Apollo Lithium Project, Canada

Published 04/09/2023, 11:23 am
Updated 04/09/2023, 12:00 pm
© Reuters.  Lithium Universe launches exploration at Apollo Lithium Project, Canada
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Lithium Universe Ltd (ASX:LU7) has kicked off an exploration program at the Apollo Lithium Project in Quebec, Canada, with a raft of fieldwork activities and soil sampling underway.

LU7 has partnered with Laurentia Exploration Inc, known for its dynamic and flexible approach and success across a variety of projects in the James Bay lithium region.

The contracted company’s team of 60 employees will be responsible for all aspects of the exploration work, including site geological assessments, drilling operations, permitting, helicopter access and overall logistics management.

On-site within weeks of listing

“Our head of Geology Justin Rivers and CEO Alex Hanly effectively managed the establishment of partnership connections, including with companies like Laurentia, during the project's due diligence phase,” Lithium Universe chair Iggy Tan said.

“The initiation of the permitting process, strategically aligned with the relisting timeline, enabled the prompt mobilisation of our exploration crew.

“Diligent foresight and anticipation played a pivotal role in achieving this rapid on-site exploration. We look forward to reporting our progress in the coming months.”

The company is particularly pleased with this swift start to exploration work at Apollo, given LU7 only relisted to the ASX on August 14 this year.

Lithium Universe has already secured exploration data from Apollo through several methods, including:

  • A high-resolution airborne magnetic survey
  • Litho-structural analysis of the tenure
  • Ground-based micro-gravity survey over the northwest of the project
  • Soil sampling over northwest of project
The company intends to leverage artificial intelligence in its exploration strategy, collaborating with KorrAI Technologies Limited to “streamline fieldwork duration, optimise expenditure, and elevate exploration results by harnessing data-driven insights”.

Read more on Proactive Investors AU

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