What Are Lithium Universe's Key Outcomes of the Exploration Program at the Apollo Lithium Project? Lithium Universe Limited

D Debtfreeby40 2y Staff

What Are Lithium Universe's Key Outcomes of the Exploration Program at the Apollo Lithium Project?

Apollo Lithium Project: Paving the Way for 2024 Drilling Campaign

Lithium Universe Limited, a key player in the lithium exploration sector, proudly announces the successful completion of its 2023 summer/fall exploration program at the Apollo Lithium Project. This marks a significant step forward in lithium exploration, setting the stage for an ambitious 2024 drilling campaign.

Intensive Field Program

The exploration team, in partnership with Laurentia Exploration Inc. , conducted an extensive field program, including geological mapping and sampling. The work was carried out during August and September 2023, utilizing a Bell 212 helicopter for efficient and seamless operations.

Laboratory Analysis and Geological Insights

The final soil laboratory analysis, conducted by ALS Laboratories, has been instrumental in revising the geological interpretation of the Apollo project. This analysis provided valuable information on the key rock types and their distribution across the 240 km² permit area, enhancing the understanding of the region's geological fabric.

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Identifying Priority Drill Targets

A major east-west trending fault shear corridor, extending from the Apollo project to the Winsome Resources Limited’s Adina Lithium project, has been identified as a key geological feature. This corridor is believed to be a controlling factor for potential spodumene mineralization.

Learning from Neighboring Success

The proximity to Winsome Resources’ Adina Lithium project, which has reported significant lithium mineralization, provides a promising benchmark for the potential of the Apollo project. The success at Adina, including impressive drilling results, reinforces the strategic importance of the identified drill targets.

Planning the Maiden Drilling Program

The first drilling targets for 2024 have been meticulously designed along the identified shear corridor. These targets are characterized by anomalous concentrations of Lithium, Caesium, Tantalum, Beryllium, Tin, Niobium, and Tungsten, indicating a high potential for lithium-rich deposits.

Potential for Substantial Mineral Resources

The future maiden drilling program, informed by the recent exploration and analysis, aims to explore the extent and quality of lithium mineralization. This could potentially lead to a significant lithium resource estimation for the Apollo project.

Partnership with Laurentia Exploration

The collaboration with Laurentia Exploration Inc. , renowned for its expertise in geological assessments and drilling operations, has been a cornerstone of the project's success. Their involvement in fieldwork, logistics management, and technical guidance has been pivotal.

Leadership and Acknowledgement

Iggy Tan, Chairman of Lithium Universe Limited, commends the exceptional work of the Laurentia team and the Head of Geology, Justin Rivers. This collaborative effort has laid a solid foundation for the upcoming exploration endeavors in 2024.

The Apollo Lithium Project stands at the brink of a major exploration breakthrough. With a well-defined drilling strategy, state-of-the-art geological understanding, and a collaborative approach, Lithium Universe Limited is poised to unlock the potential of this promising lithium-rich region. The 2024 drilling campaign is eagerly anticipated, not only by the company but also by the broader mining and renewable energy sectors, eagerly awaiting new sources of this critical mineral.

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