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Lithium Australia NL granted lithium tenements in Gascoyne

Five exploration licences comprising the Gascoyne Project have been granted.
Lithium Australia NL granted lithium tenements in Gascoyne
The company owns the Sileach™ lithium extraction process

Lithium Australia NL (ASX:LIT) has been granted title to substantial areas prospective for lithium mineralisation in the Gascoyne Province of Western Australia.

Five exploration licences which make up the Gascoyne Project lie along strike and adjacent to the Nardoo Pegmatite District.

Known lithium, rubidium, and niobium geochemical anomalies as well as tantalum, tungsten and tin occurrences occur within the Gascoyne Project.

These have not been explored in recent times and will be the focus of preliminary geological reconnaissance.
Adrian Griffin, managing director, commented: “The Gascoyne has many of the attributes of Western Australia’s other emerging lithium centres.

“The area has been a focus of past rare metal exploration, but its lithium potential has been ignored.

“The project is an important part of LIT’s long-term strategy to procure alternative lithium sources to feed its versatile, 100% owned Sileach™ processing technology.”

Lithium Australia is a dedicated developer of disruptive lithium extraction technologies, and is the 100% owner of the Sileach™ and LieNa™ processes.

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