New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

Investing

Apollo Lithium Project – Summer/Fall Exploration Completed

by admin January 4, 2024
January 4, 2024
Apollo Lithium Project – Summer/Fall Exploration Completed

Lithium Universe Limited (“Lithium Universe”, the “Company” or ASX: “LU7”) is pleased to announce the completion of its 2023 summer/fall exploration work programme at the Apollo Lithium Project. The Company was able to expediently complete its on-ground operations during the summer/fall season maximizing productivity. An exploration crew flew in to commence fieldwork campaign at Apollo in August and September 2023. The Company has now received all the final soil laboratory analysis and has devised a drilling strategy for 2024 along a major east-west trending fault shear corridor feature that extends from the Apollo project to Winsome Resources Limited’s Adina Lithium project to the east. Some potential targets have been generated that may be incorporated into a future maiden drilling program in 2024 (see Figure 10).

Highlights

Completion of summer/fall exploration campaignAn intensive field program comprising geological mapping and samplingFinal soil laboratory analysis receivedDrilling strategy for 2024 along a major east-west trending fault shear corridor featureFeature extends from Apollo project to Winsome Resources Limited’s Adina Lithium project to the eastPriority drill targets generated for 2024 drilling campaign

As previously referenced, the Company partnered with Laurentia Exploration Inc, (Laurentia) a highly reputable exploration company based in Québec, Canada encompassing all aspects of the exploration work, including site geological assessments, drilling operations, permitting, helicopter access, and overall logistics management. Laurentia mobilised and commenced field work on the Apollo project in August and September 2023 with personnel accommodation, lodging, and logistics seamlessly managed from Otish Camp located approximately 73 km to the southeast of the Apollo project (see Figure 1). Personnel and equipment mobilisation between Otish Camp and the Apollo Project was undertaken daily by a Bell 212 helicopter (see Figures 1 and 2) operated by Panorama Helicopters providing Heli-Supported operations. The work program was successfully completed on the 9th of September, with demobilisation occurring shortly thereafter.

Prospection, Mapping and Sampling Campaign

A highly focussed summer/fall field mapping and sampling campaign was completed concentrating on high- potential areas highlighted by previous KorrAI satellite and airborne magnetic litho-structural interpretations (Figures 3 and 4). A total of 666 km of traverses and 209 rock chip samples were collected covering a majority of the 240 km2 Apollo permit to evaluate the potential for rare element LCT pegmatite, spodumene mineralisation, and geochemical pathfinders, attempting to identify as follows:

Late-stage, large granite intrusions;Greenstone metamorphic rocks; Extensional fault structures and host rock porosity to accommodate the emplacement of late stage, LCT pegmatite dykes.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
International Graphite
next post
Lancaster Resources Announces Spin-Off Agreement with Subsidiary and Record Date

Related Posts

CHARBONE Hydrogen Executed a Master Collaborative Agreement to...

June 25, 2025

AMENDED FROM SOURCE – Blue Sky Uranium Increases...

April 17, 2025

Crypto Market Review: Trump Media Planning US$3 Billion...

May 27, 2025

In Search of Alternative Financing for Critical Minerals...

October 3, 2024

Iron Price Forecast: Top Trends That Will Affect...

December 22, 2023

Rio Tinto, Eurodia Team Up for Argentina Lithium...

February 8, 2025

US to Invest Over US$6 Billion in Clean...

March 27, 2024

10 Top Countries for Magnesite Mining (Updated 2024)

May 10, 2024

Zijin Mining to Acquire Major Kazakh Gold Mine...

July 1, 2025

NextSource Materials Completes First Commercial Shipments of Graphite...

October 24, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • White House reveals highest-paid staffers–and 8 taking no salaries

      July 3, 2025
    • Trump $3.3T megabill sets House record for longest vote in history

      July 3, 2025
    • Iran nuclear program set back 2 years after US strikes: Pentagon

      July 3, 2025
    • Airlines secretly sold US travelers’ data to Homeland Security

      July 3, 2025
    • White House reveals highest-paid staffers – and 8 taking no salaries

      July 3, 2025
    • Jeffries stalls Trump’s ‘big, beautiful bill’ for hours after House GOP mutiny breakthrough

      July 3, 2025

    Popular

    • 1

      Top 5 Junior Copper Stocks on the TSXV in 2023

      December 22, 2023
    • 2

      Crypto Market 2023 Year-End Review

      December 22, 2023
    • 3

      Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard in Quebec, Targeting Nickel-Copper-Cobalt Mineralization

      December 22, 2023
    • 4

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 5

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 6

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 7

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023

    Categories

    • Business (1,397)
    • Investing (3,435)
    • Politics (4,507)
    • World (4,410)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 newmarketperspective.com | All Rights Reserved