ENTERPRISE METALS LIMITED Enterprise Metals Ltd. announced completion of the Stage 1 phase of its lithium exploration program between the Golden Valley Rd - Mt Jackson Rd intersection and the southern boundary of Exploration Licence 77/2568, just north of the Radio Gold Mine. Significant lithium anomalism is evident peaking at 117 ppm Li, and with multiple targets identified. A total of 235 soil samples (1kg unscreened) were collected from 20-40cm depth with hand tools, along approx.
200m spaced east-west lines flanking the Yilgarn Shire Mt Jackson Rd. All samples were dried and screened to -80#, with approx. 200gms of screened soil allocated to kraft packets, and the bulk residue retained.
The -80# soil samples were sent to LabWest Minerals Analysis Pty Ltd. (LabWest) in Malaga WA for UltraFine+TM sample preparation and chemical analysis by ICPMS of 62 elements, including lithium and associated elements. The +60ppm Li soil values correlate well with scattered subcrops of pegmatite within areas of subdued topography. The higher Li soil values are also broadly associated with vegetation anomalies adjacent to outcropping ridges of amphibolite.
The current 200m line spaced soil sampling program is considered a Stage 1 scout program, and infilling the 200m line spacing will be undertaken on 100m lines where +60ppm Li results have been achieved. The multiple pegmatites identified by scree, subcrop and elevated lithium soils are all within a 1,000m corridor flanking the granite. In the Southern Cross Greenstone Belt, Li rich pegmatites are found intruding amphibolite sequences adjacent to late stage S-type granite intrusions.
Based on research and exploration, Enterprise considers that a +60ppm Li anomaly in shallow soil samples is highly significant. For example, Kidman Resources Ltd.'s large and high grade Earl Grey lithium deposit was defined by a discrete +60ppm Li soil anomaly.
