Sign up Australia
Proactive Investors - Run By Investors For Investors

Lithium Australia NL wraps up heritage survey in Western Australia

Horseshoe hosts an Exploration Target of 900,000 tonnes of lithium.
Lithium Australia NL wraps up heritage survey in Western Australia
LIT has assets in Australia and Mexico

Lithium Australia NL (ASX:LIT) has completed the Aboriginal Heritage Surveys its Ravensthorpe lithium prospects in Western Australia.

The prospects included Horseshoe and Deep Purple, where no sites of cultural significance were found within the prospect area.

The survey was the last approval required before the planned costeaning and reverse circulation drilling programs planned for the near future.

Horseshoe hosts an Exploration Target of 900,000 tonnes of lithium mineralisation at a minimum grade of 1%.

Adrian Griffin, managing director, commented:

"Exploration success at Ravensthorpe adds significant potential to our regional portfolio that has recently been strengthened by the recent airborne geophysical surveys at Lake Johnston.

"The identification of abundant lithium pegmatites at Ravensthorpe is of great significance as long since realised by Galaxy Resources, at nearby Mt Cattlin.

"The Ravensthorpe pegmatites host a diversity of lithium minerals, including lepidolite, spodumene and zinnwaldite.

"These minerals are easily processed to produce battery-grade lithium chemicals using Lithium Australia’s Sileach™ process."



Register here to be notified of future LIT Company articles
View full LIT profile

Lithium Australia NL Timeline

Related Articles

silver-city-minerals_Drill-Rig-Razorback-West-Nov-2016-highres-757.jpg
November 04 2016
The company has a zinc and lithium focus in the world-class Broken Hill region.
picture of field
March 07 2017
2016 saw Harvest Minerals' share price soar, and a ‘ripper year’ lies ahead in 2017, according to its executive chairman
potash-delivery.jpg
February 20 2017
As well as RHA and Zulu, the firm has assets in Mozambique and a stake in private firm Circum Minerals

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use