Segue Resources : Soil Anomaly Defined at Gascoyne Lithium Project
April 11, 2017
1.3KM x 1.0KM SOIL ANOMALY DEFINED AT GASCOYNE LITHIUM PROJECT
Segue Resources Limited (Segue or the Company) is pleased to announce the results of the recently completed soils survey at its Reid Well lithium‐caesium‐tantalum (LCT) Prospect at the Gascoyne Lithium Project in Western Australia. The programme has successfully delineated a 1.3km x 1.0km lithium and tantalum anomaly, with soil samples up to 0.8% Li2O. The soil anomaly is consistent with high grade lithium and tantalum rock chip samples previously announced (see announcement on 16 March 2017) and appear to be contained within a previously unidentified zoned LCT pegmatite.
The soil sampling programme consisted of ~1,500 samples collected on a 50x50m and 100x100m grid spacing within Segue's 100% owned tenement E09/2169. In addition to the soil sampling, a further 64 rock chips have been received with assay results including 0.65% Li2O and 554ppm Ta2O5.
The soil samples and rock chips were collected as part of a detailed soil sampling programme which was designed to follow up on the high priority Reid Well stream sediment anomaly. The Reid Well area consists of the eastern margin of the Thirty Three Supersuite which has intruded into Proterozoic metasediments. Previous exploration work by Segue identified the Thirty Three Supersuite as being highly fractionated and fertile for LCT pegmatites.
The assays for an additional 64 rock chips have been received which have expanded the areas of confirmed mineralisation with 14 samples returning values greater than 0.3% Li2O (up to 1.03% Li2O) and 63 samples returning values greater than 100ppm Ta2O5 (up to 554ppm Ta2O5).
The results Segue Resources have gathered are very similar to Morrissey Hill's soil sample's ppm.
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