Accelerate Resources Limited (ASX: AX8) has provided an update on the company’s expansion of its lithium strategy with the new Windi tenement application in the East Pilbara Lithium Project, and a lithium prospectivity analysis of its Garden Rock Project located in the Murchison Region.
The company has expanded its 100%-owned East Pilbara Lithium Strategy with the new Windi tenement acquisition, which represents a substantial lithium target, with lithium target generation to commence at the tenement using the same exploration model applied by GL1 at the nearby Archer Deposit (18Mt @1.0% LiO2).
Further, targeting has also commenced at the company’s wholly-owned Garden Rock Lithium Project in the Murchison Region, with planned field mapping and sampling to identify possible pegmatite-hosted lithium mineralization for drill testing.
The new Windi tenement application covers a portion of the 5-9km wide target zone along the SE edge of the Bonney Downs Monzogranite of the Split Rock Suite which is recognised as being fertile for Li-Ta mineralization. There are known Li-Ta occurrences which outline of the fertile Bonney Downs Monzogranite and the 4km wide target zone (5-9km from the granite margin) that represents the most likely zone to encounter Li-bearing pegmatites. The tenement covers nearly 10km of the prospective zone, which represents a substantial target.
Accelerate’s Garden Rock Lithium Project in the Murchison Region is located approximately 7km southeast of Cue. The area is well known for gold occurrences in the greenstones; however, it remains underexplored for pegmatite-hosted lithium mineralization despite the existence of possible late granitoid intrusions. Initial indications from limited GSWA open-file geochemical data suggests that elevated lithium values within the Comet project area may be spatially associated with a late K-feldspar porphyry intrusion in the Garden Rock Monzogranite. This association may suggest that the late porphyritic phase of the monzogranite could be the source of the elevated lithium in the area.
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