Canada Lithium Prospects
The Company has conducted desktop reconnaissance for prospective hard rock lithium deposits in Canada. Significant research and aerial imagery investigation has identified areas of intense pegmatite swarm intrusion. Ragusa has engaged a local geological consultant to carry out preliminary field reconnaissance exploration works scheduled for completion during October. The regional geology is broadly comprised of greenschist to amphibolite facies metasediments that have been intruded by numerous two mica S-type granites and subsequent fractionated pegmatite bodies, some with exceptional thickness and strike length. Within the region, there are many large spodumene bearing pegmatite dykes already identified, which are currently being drilled by several companies. The areas identified by Ragusa contain the exact same geological settings with extreme numbers of lineament intrusions (possibly pegmatite) of varying thickness and length.
Ragusa Minerals Limited - Interest in Mining Tenements Below is a listing of tenements held by the Company as at 9 September 2023:
Tenement Location Beneficial Percentage held Lonely Mine A (10632BM) A Zimbabwe 100% Tiberius 14 (33599) A Zimbabwe 100% Tiberius 32 (35732) A Zimbabwe 100% Tiberius 33 (35733) A Zimbabwe 100%
E77/2774Western Australia 100% E70/5708 Western Australia 100% ADL
734900 (Cristo 1) - ADL735191 (Cristo 292) B Alaska, USA 100% ADL735363 (Cristo 293) - ADL735418 (Cristo 348) B Alaska, USA 100% ADL736052 (Cristo 349) B Alaska, USA 100% ADL735420 (Cristo 350) - ADL735570 (Cristo 500) B Alaska, USA 100%
EL 33148, ELA33149, EL33150 Northern Territory 100% EL28462, EL29731, EL30521, EL32671 & ELA32405 C Northern Territory Earn-in to initial 90% interest
RAS Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
