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What Is Metals Australia's CR1 Pegmatite Discovery? — ASX:MLS| ASX Mining News & Discussion
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$MLS What Is Metals Australia's CR1 Pegmatite Discovery?
Metals Australia's Strategic Advancement in Lithium Exploration
Introduction

Metals Australia Ltd (ASX:MLS) has recently garnered attention in the mining sector with its announcement of significant lithium-caesium-tantalum (LCT) findings at its CR1 pegmatite site within the Corvette River Project, indicating a substantial step forward in lithium exploration.

Key Discovery at CR1 Pegmatite

The CR1 pegmatite discovery, located in the James Bay region of Quebec, Canada, marks a notable advancement for Metals Australia. The site, just 2.5km from Patriot Battery Metals' CV9 spodumene discovery, shows promising lithium potential. This pegmatite has been mapped over a 1.6km width, offering extensive exploration opportunities.

Rock Chip Sampling Results

The results from rock chip sampling at CR1 are particularly encouraging, with one sample revealing 163 ppm lithium, 391 ppm caesium, 123 ppm tantalum, and 0.3% rubidium. This discovery confirms the presence of LCT pegmatite, mirroring the composition of nearby sites like Patriot’s Corvette Trend lithium pegmatites.

Strategic Location and Regional Significance

The CR1 site's ...
What Is Metals Australia's CR1 Pegmatite Discovery?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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