Over 1800 soil samples over 8,000ha potentially representing 12km long x 1km wide area
Ella’s Rock is located within what potentially is a significant lithium province at the southern end of the Forrestania Greenstone Belt. Cavalier’s targets are adjacent to Western Areas’ South Ironcap discovery which intercepted 59m @ 0.95% Li, and from where Forrestania Resources recently intersected several potentially lithium bearing pegmatites up to 60m thick. Also the Project is south of Wesfarmers’ tier-1 Mt Holland Lithium Project, which contains Reserves of 94Mt @ 1.5% Li, and is intended to be one of Australia’s largest lithium hydroxide producers.
Look out ! In my view outstanding prospects & value
CVR Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
