Drilling Commences at the Barra Lithium Project in Brazil

Summit Minerals Limited (ASX:SUM) (“Summit” or the “Company”) is pleased to announce that Summit’s maiden drilling program has commenced at the recently acquired 100% owned Barra Lithium Project (“Barra”).

The Barra Lithium Project consists of four recently acquired tenements that are located within close proximity to the existing operating Miranda Lithium mine that is within the Borborema Pegmatitic Province (“BPP”) in northeast Brazil.

Summit has completed extensive ground mapping and sampling across the Barra Project that has highlighted multiple, newly discovered quartz outcrops that are aligned along the predicted regional trend lines.

The pegmatites observed in the adjacent Lithium mine are zonal and contain a large central quartz core with the Lithium mineralisation distributed broadly on each side of the core. The Company believes that the quartz outcrops detected across the Barra Project highlight potential extensions of previously unmapped pegmatite quartz cores, as they are observed to run northeast along strike from the existing Lithium mine. Additional large quartz outcrops have been identified in the mapping program, which could also indicate the possibility of multiple pegmatites running parallel to the main trend line. As a result, the drilling program has been designed to test these new prospective areas, along with the main pegmatite trend line.

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