Trinex Minerals Ltd (ASX:TX3), which is seeking lithium in Canada’s Northwest Territories, has discovered spodumene-hosting pegmatites in the form of both boulders and outcrops following an initial field program at its Halo-Yuri Lithium Project.
The company undertook three weeks of mapping fieldwork to determine whether the project featured any pegmatite offering worthy of further exploration.
From this, they identified four areas holding spodumene outcrops or boulders, all in the project’s northern section, and pinned down three new prospects, Kick, Jagged and Amber: which are up to 30 metres wide, and 3 kilometres in strike length.
Managing director Will Dix said the pegmatites – which represented walk-up drill targets for Trinex – were a significant find.
“We initially aimed at ground-checking numerous areas for follow-up sampling, instead we
discovered a new spodumene-bearing pegmatite field in the north of the project that presents walk up drill targets,” he said.
“The results have exceeded our expectations, and we are eager to share the assays results from the samples collected as soon as they become available.
“The next steps at Halo-Yuri will be to determine the most optimal drill sites to test the extent of the pegmatites and incorporate this into a Land Use Permit Application that will be submitted in the next few weeks.”
Trinex has been trading at 0.3 cents.