ESS Daily Report, page-57

ASX lithium penny shares with decent show in last one year
Kalkine Media | Jan 06, 2023 14:00



Essential Metals Ltd (ASX:ESS)

Essential Metals Limited, a mining exploration company based in Australia, is committed to making its place in the global lithium supply chain. The company has three lithium and gold projects in Western Australia with 100% ownership. Essential Metals also has four gold and two nickel joint venture projects.

The current Mineral Resource Estimate of the company’s Pioneer Dome lithium project stands at 11.2 Mt at 1.16% lithium oxide, containing 129,000 lithium tonnes.

At the Pioneer Dome lithium project, the company has identified and ranked over 40 targets through a structural geology study. The field checking has identified several new pegmatites. The company is progressing to make the site ready for development. It has also identified the intersection of two Proterozoic dolerite dykes as priority targets for lithium-caesium-tantalum.

The company expects assays from field samples in January and February.

https://www.google.com/amp/s/m.au.i...ecent-show-in-last-one-year-2754779?ampMode=1