Accelerate Resources Limited (ASX: AX8) has completed the first phase of geological mapping and follow up rock chip sampling across the Prinsep Lithium Project. This campaign has confirmed extensive strike continuation of lithium-prospective pegmatites on multiple trends within the project area.
Detailed mapping and follow up sampling utilizing newly acquired high-resolution imagery, has confirmed two strike extensive zones of pegmatite along the Prinsep north and south trends, with additional cross-cutting dykes occurring between these zones.
The Northern Pegmatite System outcrops over a strike length of 1,800m, including an individual outcropping pegmatite body which is up to 60m wide and persists over 1,200m of strike. To the east this trend diverges into a series of dykes which are mappable for a further 500m of strike and in excess of 90m in width. The western extent of this Northern System is also inferred to extend a further 300m beneath shallow alluvium suggesting a combined strike of the Northern System of potentially 2,000m. The Southern Pegmatite System is defined by multiple sheared dykes occurring within a zone up to 50m wide.
Highlights of the results include:
▪ 2.06% Li2O – Sample ID AA351
▪ 1.63% Li2O – Sample ID AX03083
▪ 1.14% Li2O – Sample ID AX03074
▪ 1.07% Li2O – Sample ID AX03071
▪ 1.05% Li2O – Sample ID AX03084
▪ 1.02% Li2O – Sample ID AX03085
Further, the company is currently planning for a maiden shallow drilling programme, which will be conducted as soon as possible following DMIRS programme of works approval and heritage clearance approvals.
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