AUROCH MINERALS (ASX:AOU) & LODESTAR MINERALS (ASX:LSR)
LSR and AOU have drilled into high grade lithium at the Nepean project joint venture in WA (AOU 80%, LSR 20%).
Significant results from the two-hole program – originally designed to test for nickel — included 2m at 3.26% Li2O from 198m.
Significantly, the two holes were drilled ~150m apart, ~420m north of a previously reported 1m @ 0.88% Li2O from 78m.
This suggests potential LCT-enriched pegmatites over a significant strike length at the Nepean North Prospect, AOU says.
The company will immediately kick off a high priority lithium exploration program.
“The limited work on the pegmatites thus far has successfully confirmed high grade lithium mineralisation, and even more importantly, spodumene mineralisation,” AU exploration manager Robin Cox says.
Spodumene is the main lithium ore mineral.
“We can see the significant potential for high grade LCT pegmatites at Nepean North and are excited to commence the next phase of exploration.”
We might get more good news soon
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