Oar Resources Ltd has submitted applications for five additional tenements surrounding its three already granted tenements at the Denchi Lithium Project near Wiluna in Western Australia’s Northern Goldfields.
The new tenements cover 784.3 square kilometres across 253 blocks, expanding the existing project area to a total of 1,004.4 square kilometres.
These applications follow field reconnaissance in early December 2022 which identified a number of potential lithium-bearing pegmatites outcropping within granites previously mapped by the Geological Survey of Western Australia.
Expanded footprint
CEO Paul Stephen said: “These tenement applications, once granted, will expand OAR’s project footprint considerably in this highly prospective area.
“Following recent work by our field exploration team, our confidence is further buoyed in the prospectivity of the Denchi Lithium Project.
“The presence of several lithium-bearing pegmatites within the existing project area has been previously confirmed and there are visual indications of numerous
additional potential pegmatites and similar geology in the surrounding areas.”
About Denchi
The Denchi Lithium Project is about 50 kilometres west of Wiluna and in proximity to several known lithium resources including Liontown Resources (ASX:LTR)' Kathleen Valley deposit.
OAR recently acquired the project from First Standard Minerals Pty Ltd, covering a combined area of 217.7 square kilometres and adding lithium to the company’s diverse project portfolio.
The tenements expose the company to prospective lithium-caesium-tantalum (LCT) pegmatite targets with historic lithium and rubidium anomalies reported from historical rock chips.