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Balkan Mining and Minerals Ltd (“BMM” or “the Company”) (ASX: BMM) is pleased to announce all multi-element soil geochemistry results from recent systematic soil sampling completed at the Gorge Lithium Project located in Ontario, Canada (the "Gorge Lithium Project" or the "Project"), further demonstrating the strong potential of this Project.
HIGHLIGHTS
- Assay results from stepped out systematic soil sampling program return strong anomalous Li, Cs, and Ta results identifying ~2.6 km of trend strike prospective for lithium bearing pegmatites.
- In total, 651 soil samples taken across the enlarged area of 5 km2 analysed for full multielement suites at ALS Laboratory in Vancouver.
- Assays results return a positive correlation for Li, Cs and Ta and a negative correlation for ratios K/Rb and K/Cs indicating a fertile LCT pegmatite environment.
The structured programme was designed to enhance extensions of previously identified soil sample anomalies which focused on the immediate vicinity of outcropping high-grade lithium–bearing pegmatites at the Koshman and Nelson occurrences (refer to announcement 6 July 2023), whilst also providing additional data on the wider project area.
Figure 1 – Hand auger used to collect samples from “B” horizon
A total of 651 samples were systematically collected from a focused 25x50m and wider 100x100m offset grid patterns covering an area of 5 km2 (refer to Figure 4).
The results have defined two northwest-southwest striking trends coincident with high-grade outcropping spodumene-bearing pegmatites. Soil sampling assay results including up to 110.5 ppm Li strongly correlating with Cesium (Cs), Tantalum (Ta), and Tin (Sn) (typical pathfinder elements), (Table 1), have confirmed the presence of highly fractionated LCT-type pegmatites as the source of surficial geochemical anomalism.
Target areas are defined by coincident haloes of Li (90th percentile Li > 34ppm) and K/Rb and K/Cs ratios. The most noticeable anomaly was identified proximal to the Koshman spodumene pegmatites extending over 1.2km along a northwest-southeast striking trend. The second notable anomaly starts approximately 500 m southeast of the Nelson pegmatites extending over 1.4km, having a northwest-southeast striking trend. Both identified anomalies indicate the possible presence of multiple pegmatite dykes.
Figure 2 – Map showing geochemical individual haloes of Li, K/Rb and K/Cs
Based on the geochemical results of lithium and K/Rb and K/Cs ratios, the Company is able to utilise this data, together with its existing sampling and trenching data, to prioritise targets for further exploratory testing and drilling.
Click here for the full ASX Release
This article includes content from Balkan Mining and Minerals, 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.
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