Significant lithium mineralisation was discovered
Lei Lithium Discovery
SIGNIFICANT LITHIUM MINERALISATION IDENTIFIED IN 2017
First-mover acquirer of the highly prospective tenement package in 2018
The Lei Prospect is located 2km south of Core’s BP 33 Deposit which has a JORC compliant resource of 10.5Mt @ 1.53 % Li2O.
The quality of the Lei Discovery is highlighted by a series of exceptional intersections 3,4
81m @ 1.59% Li2O from 653m (BYLDD019) including:
- 41m @ 1.94% Li2O from 683m.
- 50m @ 1.83% Li2O from 613m (BYLDD034)
- 39m @ 1.55% Li2O from 204m (BYLDD023)
- 33m @ 1.65% Li2O from 642m (BYLDD035)
- 31m @ 1.71% Li2O from 396m (BYLDD037).
Early-stage feasibility work to be progressed in parallel with planning for further infill drilling during the CY2024 field season as required to support mining studies.
HIGHLY SUCCESSFUL EXPLORATION drilling at LEI
Lei Prospect Discovery
Maiden High-Grade Lithium Resource declared at Lei
- Primary Lei pegmatite contributed solely to current MRE, with the open zone beneath the extent of current drilling to remain a potential target for future work.
- Secondary Lei pegmatite not currently included in Resource modelling and is expected to be followed up in future potential drilling programs.
- Both Lei mineralised pegmatites remain open at depth
- Composite sample dispatched to leading downstream lithium producer Yibin Tianyi Lithium Industry Co. for metallurgical testing2
