Lithium Plus’ tenement portfolio lies adjacent to Core Lithium’s (ASX: CXO) Finniss Project which sits in the northern end of the Litchfield Pegmatite Belt, a region that has seen significant lithium mineralisation discoveries since 2017. The total area of Lithium Plus tenure exceeds 1690km2
Our Lithium discovery (12m @ 1.43% Li 2 O from 121m) proves high grade LiO2 host in pegmatite on Lithium Plus ground, that maintains a similar geological setting to CXO. Lithium Plus has Multiple drill ready targets at Lei, Cai, SW Cai, Perseverance and Jewellers projects offering excellent exploration potential to generate new targets and new lithium hosted discoveries.
Spodumene concentrate is used to generate Li-OH – the preferred product by key Chinese battery producers. EV-driven nickel demand is forecast to increase 14x by 2030; lack of new sulphide discoveries worldwide.