Moho has identified the presence of anomalous lithium within its Burracoppin project in WA’s Central Wheatbelt region that is prospective for gold and rare earths.
The company’s preliminary geochemical review identified anomalous lithium in soils and streams which are reinforced by soils and streams anomalous in caesium, rubidium, beryllium and niobium.
These elements are present within many lithium-caesium-tantalum (LCT) pegmatites.
Moho Resources (ASX:MOH) also noted a strong spatial relationship between lithium and niobium in soils, which has resulted in the identification of new areas potentially anomalous for lithium that are yet to be tested.
“The geochemical evaluation of the soil and stream surveys has established significant lithium and REE prospectivity for the company to follow up at the Burracoppin project,” managing director Ralph Winter said.
“Moho’s exploration strategy is opening up new avenues for greater value creation for our shareholders, with the forecast demand for critical minerals expected to be strong for many years to come.”
Lithium potential
The preliminary geochemical review has identified anomalous lithium values of more than 20 parts per million (ppm) in sparsely sampled soils within Areas 1, 3 and 4, which are situated in higher relief (non drainage) areas.
It also demonstrated that soils that recorded lithium in high relief areas also contained high levels of some of the LCT-associated elements.
Moho will now undertake field mapping, further soil sampling and geochemical analysis over areas with high lithium and REE prospectivity to define drill targets.
It will then carry out aircore and/or reverse circulation drilling of identified targets.
This article was developed in collaboration with Moho Resources, 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.