White Cliff Minerals Limited (ASX: WCM) has shared an update on the high prospectivity of its wholly owned Lake Johnston South Lithium project. A recent review of the project, located over 1,870km2 west of Norseman in Western Australia, has confirmed that the licences cover a significant portion of the Lake Johnston greenstone belt in the newly discovered shallow high-grade lithium province.
The project is strategically located adjacent to TG Metals’ recent spodumene discoveries and is approximately 20km from the joint venture project of Charger Metals and Rio Tinto Exploration.
White Cliff Chairman Roderick McIllree (FAusIMM) expressed his excitement about the exploration results, stating, “While we continue to deliver on our stated copper objectives in Canada, we have uncovered a stunning lithium prospect in our portfolio in what is now proven as a new shallow high grade lithium province.”
He further added, “Given the several large discoveries by the adjacent TG Metals, and Rio Tinto Exploration and Charger Metals’ commercially significant transactions, we have enormous confidence in the potential value of the Project.”
The company plans to commence exploration in December, with drilling of subsequent targets intended for early 2024. This news comes as a promising development for both existing and incoming shareholders.
To read more about this, please visit www.wcminerals.com.au
TO read more news like this, please visit www.theassay.com/news