A Fantastic Lithium Deposit
The Thompson Brothers lithium deposit has been drill tested over a 600 m strike length and to a vertical depth of 400 m. In total, 24 drill holes (4,805 m) were cored (2016 – 2018). In 2018, a “historical”, JORC compliant, inferred resource estimate of 6.3 Mt grading 1.38% Li2O was prepared for the deposit using a 0.6% Li2O reporting cut-off. A 43-101 Technical Report summarizing the results of all work on the property was completed in July 2019.
The Thompson Brothers lithium deposit is tabular in form, averages 7.7 m true width and dips steeply. Li2O grades within the deposit are remarkably consistent from contact to contact and drill hole to drill hole. The lithogeochemistry of deposit is benign; the mineralization is composed of quartz, feldspar, spodumene and micas. Preliminary metallurgical test work has produced a spodumene concentrate grading 6.37 % Li2O.