As a recent top 20 holder I couldn't be more happy with this announcement. I'm sure it has given the board a sigh of relief for the expectation and the total cost to become part of this project has been justified.
Mr Brian Thomas, Technical Director of Lanthanein commented: “The discovery of such a large coherent lithium geochemical anomaly at the new Godzilla prospect leads us to believe that we may be in the early stages of a large lithium discovery. The geological rationale points to lithium rich fluids
migrating eastward into the ‘goldilocks’ zone ~2.5-3km east of the respective source granite dome.
Our view is the northern granite is responsible for the hydrothermal lithium mineralising event that deposited Earl Grey’s 189Mt mine, and we are seeing the geochemical fingerprints of another large lithium mineralising event associated with the southern granite. The southern granite located in
middle western boundary of our tenement displays lithium anomalism extruding out all the way from the granite contact edge - east to our eastern tenement boundary and includes the sweet spot of 2.7km from source granite where our highest geochemical anomalism was recorded, like Earl Grey.
LNR Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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