GW1 0.00% 4.7¢ greenwing resources ltd

Greenpower Energy today - lithium ahoy!

  1. 8,839 Posts.
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    GPR up over % today with 350m shares traded (over $8m in value) on some Li results:

    "HIGH GRADE LITHIUM RESULTS AT MORABISI – Up to 2.63% Li2O Highlights • Up to 2.63% Li2O sampled from in-situ pegmatite in Trench #1 at Turesi. • Numerous samples over 2% Li2O indicate potential for large Li-pegmatite zone with both Spodumene & Polylithionite reported. • Mapped Lithium bearing pegmatites have strong correlation with scintillometer readings. • Elevated Lithium analyses from grab sampling of in-situ pegmatites exposed during trenching. • Confirmation of exploration thesis that Lithium rich pegmatites exist beneath weathered overburden. • At Turesi additional trenches are planned to confirm pegmatite dip and strike, prior to planning a drilling program. • Banka drilling and ground penetrating radar programs to commence at Robello in the coming weeks. Greenpower Energy Ltd (ASX: Greenpower, “GPP”, “Company”) is pleased to provide the following update regarding field activities at the Morabisi Lithium/REE Project (“Project”). "

    Now with a market cap over $30m. Not sure what else they have projects wise?


    Millie’s Reward (Lithium)
    Millie’s Reward is a highly prospective conventional spodumene hosted Li2O deposit located in Madagascar. Field work has identified outcropping pegmatite dykes with significant spodumene mineralisation and grades recorded from rock chip sampling of up to 6.9% Li2O over significant strike lengths.

    Preliminary geological mapping has demonstrated a majority of the pegmatite dykes in the area as having sub-horizontal to horizontal orientations over significant strike lengths. A majority of the pegmatitic dykes and sills within the mining permits are over 10 meters in thickness, with swells in areas of up to 50m in thickness, while being up to several hundred metres in length. Most of the large dykes have been subject to very little modern geological assessment, as all the mining activity performed in the past occurred at an artisanal scale, operated by the local miners working for gemstones.



    Time to spend a bit of time and money on this project!!
    Last edited by flyboy77: 25/10/17
 
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