Premier1 Lithium Ltd (ASX:PLC) has launched an extensive fieldwork program at the Yalgoo Lithium Projects in Western Australia involving large-scale rock chip and soil sampling with more than 1,000 soil samples to be collected.
The company is targeting areas identified using machine learning (ML) artificial intelligence, in the northern part of the Yalgoo Project over a 200-metre by 200-metre grid and the southeastern section of the Yalgoo West Project in a 100-metre by 200-metre zone.
Regional geological map of the greater Yalgoo project area, including identified ML targets.
Highly prospective terrain
The two projects sit within a greenstone belt in the Murchison province, with large intrusive bodies overlain by banded iron formations and volcanic rocks. Pegmatites (the main source of hard rock lithium) have been observed across the projects’ tenure, especially along the granite-greenstone contacts.
Premier1 has leveraged SensOre’s ML technology to identify a large predicted lithium target within the project’s tenure – lithium-caesium-tantalum (LCT) pegmatites have also been identified by several companies with adjoining tenure, including Firetail Resources and Zenith Minerals, offering further evidence of the area’s potential for LCT pegmatites.
The greater Yagloo project area is held in two joint ventures. PLC has an option to earn up to 70% of commodities except rare earth elements (REEs) in the eastern part of the project area through a farm-in with Venture Minerals Ltd, while a farm-in with Firetail Resources offers an opportunity to earn 80% of the lithium rights over the western project area.
The company’s overall plan for the Yalgoo Projects involves extensive lithium targeting work, generating drill-ready targets for the second half of the year.
Read more on Proactive Investors AU
