Australian battery metals company Leeuwin Metals Ltd (ASX:LM1) has doubled down on its lithium tenure in Manitoba, Canada, increasing the project tenure of the Jenpeg Lithium Project by 130% to 1,700 square kilometres.
The company secured six new mineral exploration licences following some high-grade lithium results from historical core sampling that graded up to 2.31% lithium.
With a district-scale land position and more than 50 kilometres of prospective greenstone under licence, LM1 intends to continue historical drill core sampling, engage with the local First Nations community and expand the existing 6-kilometre mineralised footprint with mapping and geochemical sampling.
Emerging lithium discovery
“The Jenpeg project is an emerging lithium discovery within Manitoba,” Leeuwin Metals managing director Christopher Piggott said.
“Historical drilling and generative geological work have identified an underexplored, regional-scale pegmatite field which is highly prospective for hard rock lithium.
“Leeuwin’s first mover advantage in the Jenpeg area has allowed us to consolidate almost the entire Cross Lake greenstone belt and as a result planned regional work will be able to fully develop the prospectivity of this large-scale exploration opportunity.
“We look forward to updating the market on Jenpeg activities over the coming months as well as our William Lake Project where we are currently drill testing nickel targets.”
Geological setting of the Jenpeg Lithium Project.