EverGreen Lithium (ASX:EG1) has identified additional large lithium targets in new assays from its Phase 3 geochemical soil sampling at Bynoe in the Northern Territory.
These new targets are in the central area of the tenement further demonstrating the potential for additional lithium spodumene mineralisation in the Bynoe pegmatite field, and within EverGreen’s 231 sq. km of tenure.
“These soil results add to the potential of EverGreen identifying an economic LCT pegmatite discovery at the company’s Bynoe Project. Using a variety of proven exploration tools, the team is looking forward to the upcoming dry season to recommence field activities targeting the anomalies outlined by the soils program, the ANT geophysical work, and recent field mapping,” Exploration Manager, Andrew Harwood, said.
Exploration at Evergreen’s Bynoe Project has focused on the discovery of economic lithium mineralisation hosted in lithium-bearing lithium-cesium-tantalum (LCT) pegmatites.
Additional assays have been received from the Phase 3 soil sampling program and have been integrated with the existing geochemistry data. These results show strong geochemical targets located in the centre of the Bynoe lease.
The lithium anomalous zones highlighted in this recent batch of assay results, like those previously identified, potentially represent LCT pegmatites hidden beneath a relatively thin veneer of loose Quaternary sands and or Tertiary aged lateritic cover.
These recently identified geochemical anomalies will be targeted for follow-up field work in the coming dry season.
Two of the recently identified geochemical anomalies are located within an interpreted hinge zone of regional scale folds within the Burrell Creek Formation host rock unit. Previously identified anomalies to the south and west, have been located on the north to north-east striking limbs of regional folds.
Evergreen expects pending soil sample assay results to arrive in the coming weeks.
