Asra Minerals Limited (ASX: ASR) has defined large areas of anomalous lithium and rare earth elements (REE) in soil and rock chip sampling results from the Kookynie West Project, located 35km south of Leonora in Western Australia.
Analysis of assays from the critical mineral project that Asra has systematically conducted recently has defined multiple lithium anomalies up to 5km long in the area, which is vastly underexplored with little, or no work completed historically across the 40km strike length of the granite-greenstone corridor.
The anomalies are aligned with geological structures and contacts interpreted from magnetics, which will be the focus of ongoing geochemical sampling to cover more of the project’s large, underexplored areas.
Managing Director, Rob Longley, said these geochemical results uphold Asra’s exploration strategy to identify and prove up critical mineral projects in the underexplored areas of Western Australia’s Goldfields region.
In addition, a research and development (R&D) refund of $527,737 was received in late January for the Yttria REE Project, located in Asra’s Northen Hub of projects in the Leonora region. Yttria has a uniquely high concentration of heavy REE and scandium oxide mineralisation and is located 50km north of the Kookynie West Project.
“Our first phase of exploration work at Kookynie West has produced positive results so far, with large lithium and rare earth soil anomalies defined from geochemical sampling,” Mr Longley said.
“This area has never received much exploration attention and yet it is in highly prospective geology, located only 70km from Delta Lithium’s Mt Ida Project, which hosts a 12.7Mt lithium JORC resource.
“Discoveries all start with the right geology and the right exploration techniques, applied by well supported and experienced exploration teams, which is why I’m excited about the results we have received to date.
“Our field teams remain busy across all of our lithium, rare earth and gold projects in the Goldfields region of Western Australia, and I look forward to providing further updates on all of Asra’s projects.”