Lightning Minerals Ltd (ASX:L1M) has received promising assay results from initial soil sampling at the Canabrava Project (formerly Sidrônio) in Minas Gerais, Brazil. Assays revealed lithium concentrations reaching up to 113ppm from a key target area on the western side of the project. This enhances the company’s confidence in the region’s lithium potential. During ground reconnaissance, multiple pegmatites and pegmatite float materials were also identified, supporting the exploration prospects.
Ongoing work includes soil sampling, ground reconnaissance and geophysics interpretation. Further infill soil sampling is planned to reduce sample spacing and refine drilling targets. Additional results from Canabrava, as well as other projects such as Caraíbas and Esperança, are expected in the coming weeks.
The project name was changed from Sidrônio to Canabrava to accommodate local sensitivities. Managing director Alex Biggs expressed optimism about the early results and emphasised the importance of the work in developing a focused drilling campaign. He reiterated the company’s commitment to lithium exploration in Minas Gerais, describing it as a cost-effective and prospective region.