Belararox Ltd (ASX:BRX) has identified potential LCT mineralisation at the company’s wholly-owned Bullabulling project in Western Australia.
The LCT-pegmatite potential was confirmed through the return of assays from the company’s 2023 field programmr in which 69 rock chip samples were collected and submitted for assay. Additionally, the field programme returned a high-grade gold result, affirming the project’s prospectivity for gold.
“Initial results from rock chip assays are very encouraging and highlight the lithium and gold prospectivity of the project and the company is keen to progress exploration in the second half of 2023 to unlock further potential of the project,” Managing Director, Arvind Misra, said.
Key Highlights
* Anomalous rock chip assays returned for lithium and pathfinder elements associated with potential Lithium-Caesium-Tantalum-LCT pegmatites identified during geological mapping of Belararox’s wholly-owned Bullabulling project:
o Rock chip assays of fractionated pegmatite returning 2,444 parts per million (ppm), lithium oxide (Li2O) and anomalous pathfinder elements caesium (Cs) 196ppm, and rubidium (Rb) 982ppm.
o Several separate pegmatite systems returning anomalous rubidium values, exceeding 500ppm, in fractionated pegmatites within favourable mafic metamorphic rocks adjacent to the Bali Monzogranite.
o Very high grade gold (Au) assays from historical workings showing grades of up to 11.95g/t Au in vuggy gossanous quartz material associated with mafic basalts and amphibolites in a similar structural setting to the adjacent Bullabulling goldfield.
Proposed Exploration Programme
Based on the recent success of geological mapping and rock chip sampling, the future proposed exploration programme will continue to assess the potential of both LCT pegmatites and gold across the Bullabulling tenement package. The proposed exploration program includes:
* Continued assessment of pegmatite rock chip assays.
* The first assessment to date, pending further technical evaluation, is that the sampled pegmatites on the eastern side of the Bullabulling project are likely to be staged first for the ground follow-up soil sampling.
* Finalize the priority of targets, based on the interpretation of aerial drone imagery/satellite imagery, with the geological observations completed during the geological mapping and the rock chip sample assay values from the pegmatite targets.
* The highest priority targets identified will then be grid soil sampled, then analyzed by a certified laboratory for LCT pathfinder elements and gold. Rubidium values in rock chip and soils are an effective LCT pathfinder to delineate the extent of any LCT pegmatites, and this approach will be adopted by Belararox. It is anticipated this work will get completed in 3rd quarter 2023.
* Drill selective targets based on a LCT pathfinder prospectivity assessment of the gridded soil sampling, with this work being completed in the 3rd or 4th quarter of 2023.
For further information please visit: https://www.belararox.com.au