GreenTech Metals has extended its Kobe lithium prospect in the West Pilbara after receiving rock chip assays showing up to 1.8 per cent lithium oxide, confirming it is onto a consistent mineralised pegmatite zone more than 7.5 km long. The zone was previously thought to be just 6km long.
Recent assays of 43 samples peaked at 1.80 per cent lithium oxide and also included other significant hits of 1.70, 1.58, 1.54, 1.53, 1.53, 1.48. 1.04 and 1.0 per cent lithium oxide.
Further results include another 1.0 per cent hit along with 0.87, 0.57, 0.49, 0.22, 0.22 and 0.20 per cent lithium oxide.
The recent set of impressive lithium results follow on from the company’s last sampling campaign at Kobe that returned hits peaking at 1.65 per cent lithium oxide along with samples at 1.63, 1.03, 0.57 and 0.36 per cent lithium oxide.
GreenTech says the outcropping mineralised pegmatites at Kobe are about 200m wide and strike approximately east–west, extending into an adjoining tenement to the east under joint venture by Greentech Metals (51 per cent) and Artemis Resources (49 per cent).
GreenTech Metals executive director Tom Reddicliffe said: “These recent additional reconnaissance samples are a follow up from the original program, so we are extremely pleased to see a persistence in the tenor of the mineralisation over the entire length of the pegmatite zone identified to date. We believe the consistency of the grades over a now 7.5km strike is evidence of a large mineralising system and underscores the prospectivity of this pegmatite zone.”
“GreenTech has a strong foothold in one of WA’s exploration hotspots and with high-quality lithium and copper projects in its portfolio, Greentech is exceptionally well placed to capitalise on the decarbonisation and energy economy transformation that is now taking place around the world.”
Interestingly, about 25km to the east of GreenTech’s recent pegmatite find, Azure Minerals is onto a huge mineralised pegmatite swarm with hundreds of outcrops and recently got onto a stellar hit that caused almost all companies in the region, including GreenTech, to experience a sharp share price hike.
One of Azure’s recent holes went a staggering 105m at 1.26 per cent lithium oxide from 256m and included a 22.8m section that came in at a whopping 3.57 per cent lithium oxide.
Another 112m intersection came in at 1.05 per cent lithium oxide from 256m, underlining the quality of Azure’s discovery that has now shined a light on the entire region.
GreenTech is now completing further mapping and sampling to get a handle on how big its pegmatite field could be and the company says preparations are well underway to get a drill bit in the ground and more samples to the lab.
The company has also been busy to the south of its Ruth Well Project, drilling out its copper–zinc deposit at its Whundo–Ayshia project where it is onto 6.19 million tonne resource going 1.12 per cent copper and 1.04 per cent zinc. The project also has a strong pipeline of exploration prospects although for now GreenTech is right to be laser focused on its lithium prospectively.
Given Azure’s extraordinary lithium discovery, that at face value at least, appears to be the real deal, GreenTech and a couple of other listed companies such as Artemis and Errawarra Resources are all in the box seat now as the entire region starts to come into sharp focus.
And with rock chips going as high as 1.8 per cent lithium oxide and plenty of others showing colour, GreenTech needs to get a drill bit into its pegmatites - and fast.
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