From the recent announcement ... “There is a swarm of LCT...

From the recent announcement ...

“There is a swarm of LCT Pegmatites within the project area (Fig.2), which all follow a north-south strike, are subvertical and up to 30m in width.

A late G4 S-type granite has only just been identified within the Project area in the last few weeks by field mapping and potentially is the parental granite for the LCT pegmatites.    
All the LCT pegmatites within the Project area are late, with sharp contacts, are structurally controlled and hosted in muscovite schist. The muscovite schist host in this area has been dated to Neoproterozoic which is the same age as that of the pegmatite lithium mining operations at Sigma Lithium and CBL.”

In the interview with Bulls n Bears ...

Andrew says there’s about 20 outcrops that are about 500m in length and in the announcement, it’s says the outcrops are sub-vertical and up to 30m in width .... plenty to go at there no telling how deep it goes no doubt we will find out all in good time.

Also ...

There’s a G4 S-type granite ..  according to a quick google search

“S-type granites are so named as a shorthand for “Supracrustal” type. The interpretation of S-type granites are that they are sourced from the partial melting of sedimentary rocks (supracrustal) that have been through one or more cycles of weathering.”

This is a classic lithium bearing pegmatite geological setting and pegmatite type. The Company considers that the Project is prolific in pegmatites and represents an exciting opportunity for OzAurum to engage in lithium exploration.
No modern exploration has been undertaken on the Project area for lithium or other minerals.

IMO this is a great acquisition ...  I’ve seen similar finding in the early days of another stock and it has proved to be high quality high grade lithium.


Looking forward to seeing some Spectacular results on the near surface and at depth ...


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