Lithium Exploration Tenement Granted In Niger

ENRG Elements Limited (ASX:EEL, OTC:EELFF) (“ENRG Elements” or the “Company”) is pleased to announce it has been granted the Tarouadji 2 exploration permit in the largely underexplored Tarouadji area, located in the Agadez region of Niger (“Tarouadji Project”). The Tarouadji Project is prospective for lithium and tin minerals, within a multiphase granitic setting in the Air Massif.

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Highlights:

• Tarouadji Project granted, covering historic lithium and tin anomalies.
• Geological setting favorable to host lithium mineralisation.
• Project located 70km east of the Company’s existing Agadez Uranium Project.
• Initial exploration work to commence Q3 CY2023, in conjunction with the verification of historic data.
• Tarouadji Project complements existing uranium and copper asset portfolio.

The Tarouadji Project was initially explored in early 1969 by N Mikhailoff1through surface sampling and geological mapping. The region contains the world’s largest ring dykes, with the tenement mostly covering the “Tarouadji-Type” ring structure and hosting identified pegmatitic intrusions².

The Company is currently undertaking a verification of the historic sample results which identified lithium and tin anomalies and will report them in accordance with JORC Code 2012 in due course.

The Company aims to commence an exploration program at the Tarouadji Project using a staged approach, signifying its dedication to unlocking new resources and advancing its position as an explorer of uranium, lithium and copper for a carbon-neutral and electric future.

ENRG Managing Director, Caroline Keats, commented:

“The Tarouadji Project offers a unique opportunity for the Company to acquire an area that is host to historic exploration activity that identified a strong lithium anomaly extending for over 2km within granitic host rocks that is adjacent to historic alluvial tin mining1. As our main operation at the Agadez Uranium Project is only 70km to the west, we are well placed logistically to manage the exploration and development of any potential lithium discovery.”

Figure 1: Map of the Company’s Agadez Project and Tarouadji Project

Table 1 – Tenement Co-ordinates

Geological Setting

The tenement is located at the southern end of the “Air Massif”, which covers over 100,000km2 and includes three geological units:

• Precambrian basement;
• Circular Palaeozoic sub volcanic ring structures; and
• Cenozoic volcanism.

The Precambrian basement has two subdivisions: a heterogeneous metamorphic sequence and a series of granitic intrusions. The Paleozoic unit consists of multiple anorogenic ring complexes that extend for about 1,500km and are dated from the Cambrian in the north to the Jurassic in the south. These ring-complexes are recognized as the largest ring dykes in the world with the tenement mostly covering the “Tarouadji-Type” ring structure that is composed of plutonic alkaline granites and biotite granitic rocks with identified pegmatitic intrusions.

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