St George Mining Limited has reported further encouraging lithium exploration results at its Mt Alexander project in Western Australia.
John Prineas, St George Mining’s Executive Chairman said: “Our understanding of the lithium prospectivity continues to grow at Mt Alexander with recent drill results confirming high-grade and anomalous lithium across a wide area.
“Most encouraging is the very thick 120.8m, flat-lying and locally fractionated zone of pegmatites intersected in hole MAD213 at the Manta Prospect, approximately 9km north of the Jailbreak Lithium Prospect.
“These types of pegmatites are what is required for large mineral deposits and we will continue to test for potential extensions of the Manta pegmatites within and below the adjacent greenstone belt.
“We have only just begun to realise the wider lithium potential at Mt Alexander with the latest drilling confirming the presence of major structures that can produce wide extensional openings for thick fractionated pegmatites to intrude.
“The results for MAD213 confirm that large-scale pegmatite intrusions have occurred and that they are showing signs of prospectivity for lithium. It is now down to identifying the more fractionated lithium-caesium-tantalum (LCT) zone within the pegmatite hosted mineral system.
“We are also encouraged by recent excellent results announced by Delta Lithium at its nearby Mt Ida Project and the confirmation by Hancock Prospecting that it will proceed with a lithium exploration joint venture for Mt Bevan which has ground that wraps around our Mt Alexander tenure.”
