Topped up. looks to me to be worth another punt....
"SEGUE ACQUIRES OPTION OVER WA LITHIUM EXPLORATION TENEMENTS Segue Resources Limited (Segue or the Company) has entered into an option and purchase agreement (Agreement) to acquire 100% of the share capital of Next Advancements Pty Ltd (Next Advancements). Next Advancements owns three exploration licence applications covering approximately 220km2 at Morrissey Hill in the Gascoyne region of Western Australia (Figure 1). The tenements are highly prospective for tantalum-lithium minerals and are adjacent to exploration licence applications held by Lithium Australia NL (ASX: LIT) and Venus Metals Corporation Limited (ASX: VMC). Figure 1: Tenement location map ASX Code: SEG Page 2 Segue will undertake a maiden exploration programme in early April 2016 to test the Yinnietharra and Pyramid Hill – Wabli Creek pegmatite fields of the Gascoyne Complex for their lithium potential. The field work and surface sampling will seek to identify pegmatites which are more fractionated and have the potential to host tantalum-lithium deposits. The map below (Figure 2) shows biotite-muscovite bearing granitic intrusions which are potentially the source rock for LCT (Lithium-Caesium-Tantalum) rare-earth pegmatites. Figure 2: Simplified geological map showing biotite-muscovite intrusions The known pegmatites in the region have been worked since the 1800s for their mica, beryl, tantalum and niobium. The pegmatites appear to be part of the LCT class of pegmatite which show a distinct zonation from barren to lithium bearing with distance from their granitic source (Figure 3). The 'sweet spot’ for lithium fractionation is generally 2 - 4km from the intrusion. By mapping and sampling the pegmatites it is possible to develop a zonation map to assist with vectoring in on any potential lithium bearing pegmatites in the region (Figure 4). The tenements cover a large portion of the lithium target zone around the intrusions. The April Pegmatite, immediately adjacent to tenement E09/2169, contains a previously logged lithium occurrence and sits within the potential lithium target zone.
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Topped up. looks to me to be worth another punt.... "SEGUE...
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