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WATCH: In this Exploration Update MD Mike Schwarz spends the day at the Reynolds Range Project, exploring the lithium potential of the region. (4min)
"iTech is please to confirm the positive identification of spodumene as the primary lithium bearing mineral at the GMF pegmatite at Reynolds Range in the NT. Spodumene is the main commercial mineral of importance due to its high lithium concentration and well-established processing techniques.
With over 60km of outcropping pegmatites across the tenement package we are just starting to scratch the surface of what could be a new large scale, lithium mineralised system in the Northern Territory.”— Managing Director Mike Schwarz
HIGHLIGHTS
- Spodumene has been confirmed as the lithium bearing mineral in the GMF1 Pegmatite at Reynolds Range, NT
- QXRD analysis of two lithium bearing samples, from the GMF1 Pegmatite, confirm a spodumene content of 84% and 83%
- Previous high grade assay results from the GMF Pegmatite of up to 8.24% Li2O have recently been announced by the Company
- Recent field mapping and sampling at two nearby pegmatites confirmed the presence of fine grained spodumene at the Mt Stafford and GMF2 Pegmatite
- iTech had now confirmed the presence of multiple spodumene bearing pegmatites over 4.5km with many more yet to be tested
- With over 60km of outcropping pegmatites interpreted on satellite imagery, Reynolds Range has the potential to be a large-scale lithium mineralised system
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IMAGE: Using ultra-violet light to identify Spodumene crystals in Pegmatite in the field.
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