The licence covers an area of approximately 3 300 ha located about 35 km from Uis Mine. It hosts pegmatites with mineralisation including lithium, tin and tantalum.
This licence area is situated within the NaiNais – Kohero pegmatite belt and is the location of the former tin and tantalum producing TinTan Mine. Spodumene is considered the dominant lithium mineral present in these pegmatites.
Our exploration programme has indicated extensive pegmatite-hosted lithium and tantalum with continuous mineralisation along a 6 km strike. Reverse circulation drilling during the year indicated lithium oxide grades of up to 2.13% and mineralisation extending at depth.
Lithium Ridge has numerous pegmatite intrusions in close proximity, extending from the surface.
The exploration drilling in 2023 confirmed the 6km of lithium mineralisation at surface continues at depth.
The results indicated that along a 6km strike, intersections at higher lithium grades than those at Uis and are commensurate with similar hard-rock resources globally.
The results indicated tin grades are similar to those at Uis which will be investigated for by-product potential.
The channel sampling results indicated up to 2.18% Li₂O, over 9.68m and 0.18% Sn and 89 ppm Ta.
The reverse circulation drilling results indicated up to 2.13% Li₂O.
Future Programmes:
