Maximus Resources Ltd (ASX:MXR, OTC:MXRRF) has confirmed the presence of spodumene-bearing lithium-caesium-tantalum (LCT) pegmatites at the Larkinville Lithium Project in Western Australia after field mapping revealed rock chip samples assaying up to 1.76% lithium oxide.
The company has identified a large pegmatite swarm stretching 1.2 kilometres long and 1.4 kilometres wide using high-resolution drone surveys and a previously reported soil geochemistry mapping program.
Soil sampling highlighted lithium levels of more than 20 times typical background results, averaging more than 200 parts per million (ppm) with peak values up to 593 ppm.
Rock chip samples
The reconnaissance team observed coarse spodumene crystals up to 6 centimetres in length within the rock chip samples, which appear to account for about 20% of the rock’s total composition.
Rock chip samples of note - 1.76% lithium, 1.48% lithium, 1.46% lithium, 1.32% lithium and 1.29% lithium.
Geology map of the Larkinville project area, showing topographical contours, soil anomalies, mapped pegmatites, and the latest rock chip results.
Maximus’ team will continue its fieldwork programs, including geological mapping, infill soil sampling and outcrop sampling at several priority targets throughout the project.
Drilling planned
The company has also secured approval for a program of works in the third quarter this calendar year, co-funded by an EIS drilling grant of $102,000.
A drilling program will include several traverses of reverse circulation (RC) drill holes as a first-pass reconnaissance program investigating the various pegmatites within the swarm.