Lithium Plus has 11 GRANTED tenements at Bynoe that border CXO, covering 297 km2
The Bynoe Project is situated on the Cox Peninsula, 50 km south of Darwin adjacent to the Core Lithium (ASX: CXO) Finniss Project (current Mineral Resource (14.7Mt @ 1.32% Li2O) across 7 prospects).
Lithium Plus prospects are along-strike from CXO’s Finnis projects that are currently progressing to mining in 2022:
Lei along-strike from BP 33 2.15Mt @ 1.51% Li2O (CXO)
Cai and SW Cai (Li Plus) along-strike from Grants 2.89Mt@ 1.48% Li2O (CXO) and Far West Central (CXO)
Lithium Plus has several drill ready targets including the 2017 discovery hole at Lei that intersected high grade spodumene-bearing pegmatite, same as what occurs in Core’s ground:
Only limited soil sample coverage exists across Bynoe. Strong potential for more soil sampling to identify several more lithium bearing pegmatite prospects and increase size of current prospects.
Weathered LCT (Lithium-Caesium-Tantalum) pegmatites identified at surface in Jewellers, Perseverance, Bao and Cai.