SX Announcement - 4 August 2021
OPTION TO ACQUIRE TRIGG HILL LITHIUM PROJECT
Highlights
- Eastern Iron Limited has entered into a binding Heads of Agreement with Amery Holdings Pty Ltd for an option to acquire a 100% interest in the Trigg Hill Project, which contains a number of Lithium-Caesium-Tantalum ("LCT") pegmatites.
- Trigg Hill is strategically located in the Shaw River district, Pilbara, that is approx. 75km SE of Pilbara's Minerals' (ASX: PLS) wholly-owned Pilgangoora Lithium-Tantalum mine.
- Hundreds of pegmatite outcrops occur within the Trigg Hill - Curlew pegmatite swarms covering approximately 5km2 and the former Trigg Hill tantalum mine with surface lepidolite and spodumene reported.
- Eastern Iron has engaged highly respected industry veteran Mr. Mark Calderwood, who has 30 years' exploration and mining experience including over 7 years in pegmatite minerals, as an advisor on the exploration strategy for Trigg Hill.
- Option provides exposure to lithium in line with global focus on carbon neutrality and demand in battery chemicals for electric vehicles.
we have surface spod and lep... surely it goes deeper
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