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Rooster Talk: Riversgold shows significant lithium mineralisation at Tambourah Project

Published 09/11/2022, 12:40 pm
Updated 09/11/2022, 01:00 pm
© Reuters.  Rooster Talk: Riversgold shows significant lithium mineralisation at Tambourah Project
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Rooster Talk Episode 66 is with Julian Ford, CEO of Riversgold Ltd (ASX:RGL).

The exploration for lithium is now expanding to all corners of the Australian continent. The obvious places are now covered. The understanding of LCT pegmatites are now a common language.

In today's Rooster Talk, Julian Ford updates us on the mineralisation at Tambourah and discusses what the results mean for Riversgold and where management is taking the company.

There are some great notes on the LCT pegmatite science and the methods that are being employed by Riversgold in their search for discovery. The geological understanding of where more pegmatites can be found now lies in understanding the geological science that produces these geological bodies.

Take some time, listen to the episode and use the information as part of your DYOR process.

Chapters

00:00 Start

00:20 Introduction

00:56 The announcement.

03:45 The relationship between Lepidolite and Spodumene.

06:18 Lithium Exploration is still early.

07:41 The Lessons from the results.

09:36 What is your Exploration Strategy Now?

11:31 How should Investors look at Riversgold Now?

12:54 Conclusions

About Julian Ford

Ford has 30+ years experience in the mining industry with global experience including Australia, Africa, South East Asia and South America. Mr Ford has held senior positions within several major resource companies including Alcoa (NYSE:AA), British Gas, Western Metals (ASX:WMT) Limited. Since 2004, he has focused on managing a number of successful start-ups, including transitioning a number of these from concept/exploration to production.

He holds a degree in Chemical Engineering from the University of Natal, a Bachelor of Commerce from the University of South Africa and a Graduate Diploma in Business Management from the University of Western Australia. He has been a member of the AusIMM for 20 years.

About Riversgold

Riversgold Ltd (ASX:RGL) is an ASX-listed exploration company focused on discovering and developing large lithium systems in the world-renowned Pilbara and Yilgarn cratons of Western Australia.

In early 2022, the company acquired a suite of four lithium-prospective exploration tenement applications covering 164 square kilometres in the Pilbara region. The key Tambourah Project is underexplored and has the potential to host a major lithium-caesium-tantalum system much like the nearby Pilgangoora and Wodgina deposits.

Further, the company has acquired a tenement package of 292 square kilometres prospective for lithium in the Southern Cross-Marvel Loch region of Western Australia as well as securing an option to acquire 80% of tenement E77/2784 immediately to the east of the globally significant Mt Holland lithium project in the same region.

The Riversgold portfolio also offers strong exposure to gold and nickel through its large landholding at the Kurnalpi Project in the Yilgarn.

Read more on Proactive Investors AU

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