Twenty Seven Co. (ASX: TSC) has used historical geochemical data to identify multiple new lithium and tin targets at its 100%-owned Trident Project near Broken Hill in NSW.
The data, sourced from the NSW MinView geological database, showed encouraging rock chip samples including
- Triumph Mine: 7.63% Li2O
- Lady Don Mine: 4.45% Li2O
- Trident Mine: 3.88% Li2O
- Sceptre Mine: 1.56% Li2O
- Esams No.2 Mine: 1.05% Li2O
Of note, the company says that these anomalies have coincidental lithium, caesium, and tantalum, with ± niobium, ± tin which suggest the presence of lithium-caesium-tantalum (LCT) pegmatites.
With lithium carbonate and spodumene prices near three-year highs TSC reports that it will embark on a broad geochemical sampling program within weeks to reinforce these results, before commencing drill-testing of priority targets.
“This recent work follows up the encouraging historical lithium and tin occurrences already identified across a large portion of the Trident Project”
CEO Simon Phillips said: “From the outset, TSC’s geological team has been focused on compiling and interpreting all available historical data on the highly prospective Trident Project in NSW. This recent work follows up the encouraging historical lithium and tin occurrences already identified across a large portion of the Trident Project. As a result, we will initiate a wide geochemical soil testing program with the aim of drill testing several of these priority targets over the coming months.”
Additional exploration work will include rock chip sampling over prospective pegmatites within Trident and subsequently visiting the nearby Perseus tenement.
Images: Twenty Seven Co. Limited