Red Mountain Mining Limited (ASX:RMX) has obtained lithium assay values to a high of 721ppm lithium returned from initial surface sampling at the company’s “Mustang” Project, in Nevada, USA.
The project is considered prospective for claystone hosted lithium deposits within the hydrologically closed Monte Cristo Valley.
A total of 18 surface samples were collected from the Mustang mineral claim. These samples were collected from areas of claystone outcrop mostly in the southern and central parts of the mineral claim.
The highest assay result of 721ppm Li was from a grab sample of yellow/green clayey tuff sediments located near the center of the Mustang property.
A total of eight samples returned assay results of over 500ppm Li, which are highly anomalous given the small scale sampling program. Typical mineral resource cut-off grade for Claystone Lithium in the Big Smoky Valley and Clayton Valley is around 500ppm Li(a).
Exploration plans for Mustang
The company intends to conduct additional geological mapping and surface sampling within the Mustang property, and around results of interest. These results will inform the RC drilling programme which is expected to comprise wide-spaced drilling of approximately ten drill holes seventy meters deep. The results from this drilling will provide information on the lithium mineralization to vector further drilling.
For further information please visit: https://www.redmountainmining.com.au/
