Kairos Minerals (ASX:KAI) has discovered Spodumene Pegmatite samples during routine earthmoving activities next to the flagship Mt York Gold Deposit in Western Australia.
Spodumene (lithium pyroxene) is a highly sought after critical raw material used in the manufacture of rechargeable Electric Vehicle (EV) batteries
Five pegmatite samples from ‘Lucky Sump’ analysed at Corescan Pty Ltd in WA found to contain spodumene in association with beryl, garnet and micas
Spodumene pegmatites are part of a larger interpreted dyke swarm at Mt York
Samples will be sent for multi-element analysis to determine their lithium grade
“The discovery of spodumene pegmatites on our tenements in a World-class spodumene pegmatite district is highly significant for Kairos,” Kairos Managing Director, Dr Peter Turner, said.
“It appears that these samples may be part of a larger pegmatite dyke swarm that is largely under cover.
“Spodumene pegmatites are rare in Australia and this discovery indicates we are in a fertile lithium-caesium-tantalum (LCT) district with potentially significant upside.
“Whilst we wait for the chemical analysis from the laboratory for these samples, drilling activities at the Lucky Sump lithium discovery will be prioritised as part of the large programme planned for the Mt York Gold Project.”
For further information please visit: https://www.kairosminerals.com.au/