Loyal Lithium (ASX:LLI) has expanded its tenure across its 100% owned Trieste Lithium Project, located in the prolific James Bay Lithium District in Québec, Canada.
The ‘large-scale’ Trieste Lithium Project, now covering 251km-square, has been expanded by 31km-square, with the approval of 43 claims in a previously reserved hydroelectric flood zone.
Loyal Lithium re[orts the project now covers a 39km long contact zone in the ‘highly prospective’ Trieste Greenstone Belt just 14km east along strike of Winsome Resources’ (ASX:WR1) Adina Lithium Project, which has recorded 160m of Pegmatite collectively intercepted in drilling below the recently discovered, well mineralised Jamar outcrop at Adina (with rock chips up to 4.89% Li2O).
Loyal Lithium’s Chief Executive Officer, Adam Ritchie, commented: “We have continued excitement about Trieste with the approval of these additional claims. We have now secured an incredible 39km long continuous contact zone in the highly prospective Trieste Greenstone belt.
Although previously explored for other minerals and metals it has never been explored for Lithium. Prior to defining a field exploration program, the team – in consultation with our in country geological partners – will conduct a detailed review of the historical exploration data obtained via the acquisition and staking.”
“Although previously explored for other minerals and metals it has never been explored for Lithium”
The Trieste Lithium Project was identified due to its prospective nature for hosting hard rock, pegmatite-hosted lithium mineralisation. The acquisitions associated with the Trieste Lithium Project combine to connect the eastern extension of the Trieste greenstone belt (7km) with its inferred eastern continuation (32km).
The Trieste greenstone belt has a prominent ironstone (magnetite) unit through the central portion of the mafic volcanics and this magnetic feature appears to pinch out to the east but the leading northern edge of the mafics may continue further east as the geological interpretation is based on geophysical data with no mapping points across the company’s eastern claim extension.
The new claims cover both known GSC mapped mafic volcanic suite and ironstones, and northern tonalite, granodiorites and gneisses, in the western (central) claim portion and in the east follow a magnetic high with the anomalous lithium sample located where mafic volcanics have not been mapped but are on an interpreted E-W structure.
Further east the mafic rocks appear again along the interpreted structure and LLI’s new claims are across these greenstones with mapped pegmatites having strong indicator minerology.
Loyal Lithium is a resource exploration company with projects in Tier 1 North American mining jurisdictions in Nevada, US and the James Bay Lithium District in Quebec, Canada. Through the systematic exploration of its projects, the company aims to delineate JORC compliant resources, creating value for its shareholders.
Write to Adam Orlando at Mining.com.au
Images: Loyal Lithium Ltd & iStock
