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Mining

Lithium Australia NL wraps up heritage survey in Western Australia

Horseshoe hosts an Exploration Target of 900,000 tonnes of lithium.

Lithium Australia NL (ASX:LIT) has completed the Aboriginal Heritage Surveys its Ravensthorpe lithium prospects in Western Australia.

The prospects included Horseshoe and Deep Purple, where no sites of cultural significance were found within the prospect area.

The survey was the last approval required before the planned costeaning and reverse circulation drilling programs planned for the near future.

Horseshoe hosts an Exploration Target of 900,000 tonnes of lithium mineralisation at a minimum grade of 1%.

Adrian Griffin, managing director, commented:

"Exploration success at Ravensthorpe adds significant potential to our regional portfolio that has recently been strengthened by the recent airborne geophysical surveys at Lake Johnston.

"The identification of abundant lithium pegmatites at Ravensthorpe is of great significance as long since realised by Galaxy Resources, at nearby Mt Cattlin.

"The Ravensthorpe pegmatites host a diversity of lithium minerals, including lepidolite, spodumene and zinnwaldite.

"These minerals are easily processed to produce battery-grade lithium chemicals using Lithium Australia’s Sileach™ process."

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