MAN mandrake resources limited

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Ann: Drilling commences at Berinka gold-copper project in the NT, page-74

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allatsea

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07/09/22

14:41

Post #: 63567239
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Originally posted by BelterTrades: ↑

The below map (extracted from RAS's 23 May 2022 announcement) shows the RAS and LPM lithium tenements in comparison to where MAN is (I have airbrushed in red roughly where MAN's tenement is - look at where all those red x "lithium occurrences" are at).

LPM has the Wingate Lithium Project. From their 20 July 2022 announcement:
"Located 150km south of Darwin. this single tenement (EL31132) covers the Wingate Mountains Pegmatite District, the southern part of the Litchfield Pegmatite Belt. It contains the known presence of pegmatites with little exploration and minor historical production of tin. Historical gold workings (Fletcher’s Gully) are present."
RAS has the Daly River Lithium Project (EL33148). From their 14 March 2022 announcement:
"The Company identified the highly prospective project areas, with proven hard rock lithium deposits, within the Litchfield Pegmatite Belt in Northern Territory – host to discoveries including the neighbouring Core Lithium Finnis Project, Lithium Plus, Charger Metals and others. The strategic Litchfield and Daly River project areas were selected as prospective for lithium from historical geological mapping works and the interpreted continuation of the geological rock-types found in the neighbouring lithium projects, indicating a high level of lithium prospectivity throughout the region. Lithium bearing pegmatites within the Litchfield Pegmatite Belt are found within the Burrell Creek Formation (part of the Finnis River Group), adjacent to and within the contact aureole of late Proterozoic granites as the source of the LCT (Li- Cs-Ta) pegmatites in the area. Lithological units found within the Company’s new project areas all contain predominantly Burrell Creek Formation sediments adjacent to Late Proterozoic undifferentiated granites, providing the appropriate geological setting to contain LCT pegmatites. The Company’s new projects are located within this lithium exploration province, which broadly meets all the exploration criteria used in other word-class lithium provinces."

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reckon you are short changing us two pegmatite occurences there Belter!

Looking at the red squares on the right hand image, from MAN prospectus map of Berinka, reckon they are all the red crosses from your RAS map on the left. I dont know how to use NT_minerals_modat to find out more about these occurences.

MAN Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Ann: Drilling commences at Berinka gold-copper project in the NT, page-74

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Ann: Drilling commences at Berinka gold-copper project in the NT, page-74

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