Estrella Resources Limited (ASX: ESR) has commenced an evaluation of the pegmatite hosted lithium potential of the Carr Boyd Project in Western Australia.
All available geological and geophysical datasets will be evaluated to determine the presence and potentially extent of pegmatites present within the Carr Boyd Project tenure which extends over 250 sq. km.
To date it appears that no specific work programmes have been undertaken to target pegmatite hosted lithium potential within the project.
The Carr Boyd complex has previously been the focus of extensive nickel-copper-PGE and to a lesser extent gold exploration programs which are still ongoing,” Managing Director. Chris Daws, said.
“To my knowledge no previous exploration has focussed on the pegmatite hosted lithium potential.
“The presence of the Carr Boyd Monzogranite immediately on the northern contact to the Carr Boyd ultramafic/mafic intrusive complex provides a particularly compelling geological setting for the location of pegmatites.
“We look forward to providing the market with further updates with respect to the evaluation as it progresses over coming weeks.”
