With the acquisition of the Garden Creek Lithium Project, MinRex has added to its current 890km position, spanning across 14 projects within the highly prospective region of Western Australia’s Pilbara region.

It represents a future next step for the company as it embarks on a plan to become an emergent lithium explorer with high quality assets within a 70km radius to world-class lithium and tantalum producers such as Pilbara Minerals’ (ASX: PLS) Pilgangoora and Mineral Resources’ (ASX: MIN) Wodgina.

The new Garden Creek Lithium Project (EL 45/4569) is only 19km north of the Marble Bar Township and just about on the sealed Marble Bar-Port Hedland Highway.

Meet the neighbours: a big part of world-class opportunity

MinRex (ASX:MRR) non-executive director George Karageorge says the deal now has the company sharing tenement boundaries in the East Pilbara world class battery metal endowment and the rapidly increasing lithium resource at Global Lithium’s Archer deposit.

Now all three MinRex Marble Bar projects display similar extensive linear potassic responses as Archer – potassic zones outlining pegmatite hosted lithium mineralisation.

“Global Lithium has started a 60,000-meter RC drilling program and will be drilling in close proximity to all of MinRex’s Sisters, Moolyella North and Garden Creek project boundaries,” he said.

“Our team will be on the ground in the next seven to 10 days and our highly experienced geologists will be flying extensive reconnaissance surveys over the Marble Bar and Hillside projects.”

On reconnaissance

Looking ahead, MinRex says field mapping, surface soil and rock chip sampling, reconnaissance ground proofing and permitting will begin in February to evaluate the lithium potential of the numerous pegmatites in all the areas.

Geological reconnaissance and detail mapping of all the historical known and mapped pegmatites along with the historic evaluation of the recent geochemical tin and lithium defined areas will also take place.

Reconnaissance ground proofing for drill pad construction and work permits will begin in March, targeting known lithium mineralization in numerous pegmatites in all the areas.

 

 

 

This article was developed in collaboration with MinRex , 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.