Golden State Mining has confirmed lithium targets based on the presence of LCT pegmatite path finders within the Nomad prospect at its Yule South project in the Pilbara.

Reverse circulation drilling by Golden State (ASX:GSM) has delivered highly anomalous caesium – an encouraging pathfinder element for lithium pegmatites – at grades as high as 6m at 440ppm.

The company said the prospect area’s lithium-caesium-rubidium (Li-Cs-Rb) footprint had been expanded along with an associated arsenic signature bearing similarities to those seen at major regional and global lithium deposits.

The results have buoyed GSM’s lithium exploration efforts at Yule South, so much so that the company renamed the area the Nomad prospect – an upgrade from the previous exploration moniker Target 2A.

“The recent results from the RC drilling have been subject to a significant level of scrutiny by the company’s own technical team in cooperation with our consultants,” GSM MD Mike Moore said.

“The renaming of the Nomad prospect reflects a marked upgrade in priority, which has narrowed Golden State’s focus in on the interpreted hallmark of a pegmatite source in the prospect area.

“Each drill program carried out at Yule delivers increasing encouragement and understanding of a vast and exciting project with battery metal and gold potential within a world-class jurisdiction.”

In good company

GSM’s 10-hole program at Nomad spanned 1478 metres and delivered robust Li-Cs-Rb anomalies with high levels of associated arsenic.

The presence of arsenic as an accessory mineral is considered significant. This has also been documented at the giant Greenbushes pegmatite mine in WA’s south, as well as at the Goulamina deposit in Mali.

The company’s bedrock and structural interpretation of the area has also indicated the presence of preferred mafic host rocks, along with a major antiform cross-cut by faulting and a refolded hinge zone.

The location of the hinge zone is similar to that seen proximate to major lithium-caesium-tantalum pegmatites, including Wodgina and Mt Cattlin in WA and Tanco in Canada.

“GSM believes the Nomad prospect now has increased prospectivity as a bona fide LCT pegmatite target,” the company said in its release to market.

Further priority air-core and RC drilling programs are now in planning for Nomad, with program of work submissions in place awaiting statutory approvals.

 

 

This article was developed in collaboration with Golden State Mining, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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