Business
Li3 Lithium Corp. Reports up to 4.14% Lithium Oxide in Surface Rock Samples at the Mutare Lithium Project
Toronto, Ontario--(Newsfile Corp. - May 30, 2023) - Li3 Lithium Corp. (TSXV: LILI) (FSE: WD9) (...
About this update from Global Copper Corp
[{"type":"text","content":"Li3 Lithium Corp. Reports up to 4.14% Lithium Oxide in Surface Rock Samples at the Mutare Lithium ProjectToronto, Ontario--(Newsfile Corp. - May 30, 2023) - Li3 Lithium Corp. (TSXV: LILI) (FSE: WD9) (\"Li3 Lithium\" or the \"Company\") is pleased to announce that it has identified high-grade lithium targets from its ongoing exploration program at the Mutare Lithium Project, located in Zimbabwe. Li3 Lithium holds a 50% ownership interest in the Mutare Lithium Project, with the remaining 50% owned by Premier Africa Minerals Limited, operator of the Zulu Lithium and Tantalum Mine in Zimbabwe.The Company, as operator of the Mutare Lithium Project, has received assay results from seventy-two grab samples collected during the initial phase of the 2023 exploration program. The exploration program includes geological mapping, and a surface rock sampling program to assist in identifying priority targets for the trenching and 5,000-meter exploration drilling program, scheduled to start in the coming weeks. Highlights:72 samples sent for analysis in April Highest grade returned in initial phase is 4.14% Lithium Oxide (\"Li2O\") from the Nels Luck group of licensesThe preliminary surface rock sampling program consisted of 72 samples taken from across the Mutare Lithium Project (Table 1, Figures 1-2,). The grab samples were from the central and eastern section of property, including the Nels Luck group of licenses, situated in the Mutare Greenstone Belt (\"MGB\") East zone, one of many target areas within the Mutare Lithium Project, comprised of approximately 2,000 hectares of licences retained in the MGB. The Nels Luck license hosts a group of lepidolite, spodumene, and tantalite, bearing lithium-cesium-tantalum pegmatites with an approximate surface expression of 600 meters by 20 meters (up to 50m) (Figure 2). The Nels Luck group of licenses is situated about 15 km northeast in the same stratigraphic package, on the southern limb of a regional syncline, that hosts the Sabi Star Lithium Tantalum Mine.Table 1: Summary of Lithium Oxide (Li2O) results from the Nels Luck area greater than 0.500%. Values are rounded to the nearest 0.001Sample IDZoneSourceXYDescriptionLi2O%A8549Nels LuckStockpile 4034767885187Lepidolite-Quartz-feldspar3.437A8550Nels LuckStockpile 4034667885186Lepidolite-feldspar-quartz3.788A8552Nels LuckStockpile 4039257885353Fel...