Accelerate resources ltd - Lithium Prospects Acquired in Pilbara Pegmatite District Expansion of AX8 Battery Metal Strategy.
ENPNewswire-November 1, 2021--Accelerate resources ltd - Lithium Prospects Acquired in Pilbara Pegmatite District Expansion of AX8 Battery Metal Strategy
(C)2021 ENPublishing - http://www.enpublishing.co.uk
Release date- 01112021 - Accelerate's Managing Director, Yaxi Zhan said: 'These exciting new opportunities add to the Company's current critical mineral strategy in a low- cost way.
The new areas are prospective for Lithium, Tin and Tantalite and are highly complementary to the Company's strategy and exploration program in the Pilbara region.'
Highlights
Three exploration licence applications lodged covering prospective areas in the East Pilbara region of Western Australia
Applications have targeted potential Lithium, Tin and Tantalite mineralisation within pegmatites associated with granitic domes
Tenements are located near existing Lithium occurrences and areas active in Lithium exploration
Field reconnaissance is planned in the coming months in conjunction with activity on the Company's East Pilbara Manganese projects.
Location
The prospects cover a large area of approximately 369 km2, located 200 km east of Port Hedland, and 30km east and south-east of Marble Bar in the East Pilbara region of Western Australia
Local Geology
Applications E45/6057 (146 km2) and E45/6058 (103km2) cover the central eastern section of the Mt Edgar Batholith, a prominent granitic intrusion with N-S and N-E lineaments and structures identified from broad based Geological Survey data. Application E45/6056 (120km2) covers the north-east section of the Corunna Downs Batholith with prominent N-S, E-W and NE lineaments and structures identified from broad based Geological Survey data. Both areas are underexplored for lithium minerals but have been the subject of limited diamond exploration and historic tin and tantalite exploration...
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