The Conversation (0)
Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’), through wholly owned subsidiary Extremadura New Energies, is pleased to announce the Regional Government of Extremadura’s General Directorate for Sustainability has reinforced the advancement of the San José Lithium Project (‘San José’, or ‘the Project’) permitting process through the finalisation of the Environmental Impact Assessment Scoping Document (‘EIA Scoping Document’, or ‘Initial Document’). The delivery of the EIA Scoping Document follows the recent granting of the Exploration Permit Extremadura S.E. (‘PESE’) (see ASX Announcement 29 March 2023).
HIGHLIGHTS
- Infinity receives government response to Environmental Impact Assessment (‘EIA’) Scoping Document.
- The response streamlines the process for completion and lodgement of the mining license application and environmental impact assessment submission.
- EIA Scoping Document establishes the preliminary conditions for San José to be compatible with environmental and urbanistic license requirements.
- The EIA Scoping Document has resulted from the collaborative process with regional and local government and other interested parties to the Project.
- Key findings will be included in the mining license and environmental authorisation submission.
- The finalisation of the EIA Scoping Document follows the recent granting of Exploration Permit Extremadura S.E and reinforces the Company’s administrative process and permitting strategy.
- Permitting milestones reinforce government and stakeholder commitment to the Project.
The report received from the Regional Government Administration establishes the preliminary conditions for San José to be compatible with environmental and urbanistic license requirements through the recommendations for inclusion in the submission of the Company’s mining license and environmental authorisation submissions.
Furthermore, the technical document clarifies the conditions to be met for the preferred location of the lithium chemical conversion plant and portal for mineral resource exploitation. The collaborative process assesses all options for the final location of the lithium chemical conversion plant and reinforce the conditions to locate the plant in the proximity of the location previous referred to as “Option A” (refer to Figure 1).
The Company will continue to now advance the mining licence and environmental assessment submissions through the Exploitation Concession Application (‘ECA’). Infinity has already commenced works to incorporate the requirements from the EIA Scoping Document into the final Project concession application facilitated through the collaborative process with regional and local government authorities.
Ramón Jiménez, CEO of Extremadura New Energies commented"The collaboration with regional and local authorities following the submission of the Environmental Impact Assessment Scoping Document last year has provided invaluable information and criteria to advance to the formal project submission. This follows from the granting of the key Exploration Permit which provides the administrative platform, with existing granted permits, a process that is clear and transparent for all interested parties for the project. San José is critically important for the locality of Cáceres and region of Extremadura and it is essential that we incorporate all environmental and social license requirements to continue to harness the support of the community.”
Figure 1: Option for Lithium Chemical Conversion Plant
Extremadura New Energies values the response of the Regional Government Administration to the EIA Scoping Document which has served as a collaborative initiation document to progress the Project in advance of the final mining licence and environmental assessment submission. The technicians of the Directorate General for Sustainability have compiled the comments and recommendations of other administrations and interested parties that were consulted as part of the process in addition to the Administration’s findings in the EIA Scoping Document.
The finalisation of the EIA Scoping Document reinforces the administrative process and permitting strategy designed by Extremadura New Energies, which continues to progress on schedule.
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This article includes content from Infinity Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
INF:AU
EIS Grant for Minnie Springs Copper Porphyry Drilling
- Augustus Minerals has been granted a co-funded drilling grant of up to $110,000 for 2 x 700m deep diamond drill holes under the WA Government’s Exploration Incentive Scheme (EIS) for the Minnie Springs prospect.
- The deeper diamond drill program is designed to test and to provide a 550m deep, 1km wide geological/geochemical/structural cross-section through the large 3km long by 1km wide copper moly porphyry system, linking the Mo mineralised leucogranite to the extensive Cu in soil anomaly to the northeast.
- Previous RC drilling at Minnie Springs intersected mineralisation, geology and alteration halo consistent with the zoning of a large porphyry copper / moly system.
Andrew Ford, GM Exploration
“The Company is pleased to receive an EIS grant to complete deeper drilling at the Minnie Springs Copper Molybdenum Project. The resultant data will enable mapping of the lithology and alteration to a depth of 550m and potentially intersect, or provide vectors to, higher grade Mo-Cu mineralisation using a Mo-Cu porphyry geological model”.
Minnie Springs
Minnie Springs hosts porphyry related copper molybdenum mineralisation previously drilled and defined by Catalyst Metals. A molybdenum Exploration target has been defined for the historicdrillingareacomprisedofbetween12-84Mtasoutlinedbelow (Table 1 and Figure 1, 2.)1.
Table 1. Exploration target size estimate for Minnie Springs Molybdenum depositNote: Based on ~300 ppm cut-off at 100% recovery.
The potential quantity and grade of the exploration target is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resources, and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
The planned diamond drilling will complement the recently completed 3,200m RC drilling program that infilled around hole MSRC012 (18m @ 0.37% Cu and 9.7 g/t Ag from 94m downhole, and 16m @ 0.38% Cu and 19.4g/t Ag from 121m downhole2) and tested the northern half of the 2km long copper-in soil anomaly. Assays from this program are expected to become available over the next month.
The limited exploration in the region, highlighted by 95% of the Ti-Tree project having no previous exploration, demonstrates the prospectivity of this underexplored mineral province.
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Quarterly Activity Report 31 March 2024
Figure 1. Fiery Creek Copper Prospect/Yataga Granodiorite summarizing rock (brown diamonds) and termite mound sample results (black crosses)
Continuing with its primary exploration focus on the Georgetown project in the latter half of 2023, EMU received assay results during the quarter from its second, in field reconnaissance work. The geochemical sampling programme covered the Fiery Creek high grade copper vein swarm and the Snake Creek prospects with significant element results returned from the Fiery Creek Copper (elevated Cu-Au-Ag-Bi-In-Pb-Sb-Te) and Snake Creek (elevated Pb-Ag-Au-Sb).
Whilst the survey was cut short due to inclement weather, EMU was encouraged by the significant success reflected in the assays results. The results from mineralogical studies confirmed EMU’s interpretation of an indicative, scale Copper-Porphyry system at the Fiery Creek prospect and was a highlight of the survey with new information building on the scale and potential of the prospect1.
Assay results returned included:
- Fiery Creek rock assay results up to 23.5% Cu, 0.27ppm Au, 460ppm Ag, 1.9% Bi, 89ppm In, 2.7% Pb, 667ppm Sb, 1470ppm Zn2.
- evidence of strong potential for the presence of critical and strategic minerals (Cu, Bi, In), with precious and base metals.
- evidence of alteration mineralogy, mineralisation geochemistry and areal extent of the Fiery Creek quartz-Cu-Bi vein swarm strongly suggesting a previously unrecognised subjacent porphyry Cu-Mo system.
- Yataga Granitoid Complex termite mound and coincident rock chip sampling returned several anomalous polymetallic zones for follow up.
- Snake Creek Prospect assays returned 0.20ppm Au, 390ppm Ag, 22.4% Pb, 464ppm Sb1.
Significant results were returned from the Fiery Creek Copper prospect with elevated Cu-Au- Ag-Bi-In-Pb-Sb-Te and from the Snake Creek prospect with elevated Pb-Ag-Au-Sb.
The elevated pathfinder element results and a macro-petrology assessment3 of rock samples completed by Mr Nigel Maund, Consulting Economic Geologist, from the previously unexplored Fiery Creek Prospect, point to the discovery of a porphyry copper system.
The sampling program assessed a number of high-priority prospects within the Georgetown Project tenements utilising termite mound and outcrop rock chip geochemistry. A total of 46 rock chip and 489 termite mound samples were collected across eight prospects.
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Basin Energy Mining Exploration Entity or Oil and Gas Exploration Entity Quarterly Cash Flow Report
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