Green Critical Minerals Ltd (“GCM” or “the Company”) is pleased to update the market on an exciting development at the company’s 100% owned Torrington project in northern NSW about 250km SSW of Brisbane by road.
Diamond core samples from hole TOR001C drilled in 2017 were re-examined and two samples collected from the remaining stored sawn half core were submitted for lithium analysis, returning significant Li2O grades of 0.35% and 0.45%. This grade range and mineralization style are strikingly similar to the San Jose lithium deposit (ASX INF), which is Europe's second-largest hard rock lithium deposit. This correlation raises our confidence in the newly recognised lithium potential of the Torrington Project.
The formation of lithium-rich micas in the metasedimentary host rocks is believed to be the result of the infiltration of granite-derived lithium and fluorine-rich aqueous fluids through fractures related to shearing.
This geological process has resulted in the occurrence of distinct layers of lithium-bearing metasediments within the tungsten-rich silexite orebodies, indicating the coexistence of several critical minerals in the mineralised system.
- Forums
- ASX - Day Trading
- Morning Trading July 28
Morning Trading July 28, page-2
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online