Western Australia
Ownership:
100%
Status:
Exploration Stage
LPI holds granted exploration tenements extending over 400km2 in the Greenbushes region of southern Western Australia. The tenements contain large strike lengths of the same rock suite that hosts the adjacent Greenbushes lithium mine, the world’s largest lithium producer. LPI’s tenements include the Balingup project, extending north and west of the Talison mine, and the Brockman Highway project, which is south of the mine and divided by the Brockman Highway.
An Environmental Management Plan for Exploration and Prospecting for the State Forests in the tenement area was submitted in 2Q19 and was approved in 4Q19. Field works commenced following this approval in 4Q19 and 1Q20, and suspended until 1Q21 due to COVID-19, and with the extensive area of Greenbushes tenement. Comprehensive rock sampling and mapping is continued to ensure accurate targets to commence a drilling program.
Pilgangoora – Pilbara – North West, Western Australia
Ownership:
100%
Status:
Exploration Stage
The Pilgangoora tenement is situated adjacent to Pilbara Minerals’ and Altura Mining’s lithium pegmatite deposits. Combined, they form one of the largest global lithium pegmatite resources. LPI is exploring for lithium pegmatites in a continuation of the same sequence of rocks immediately west of the tenements held by these companies.
An initial drilling program was undertaken in 2018, with additional soil sampling undertaken in December 2019. A further analysis of the initial drilling samples was conducted in 2020, in conjunction with the Tabba Tabba works program.
Tabba Tabba – North West, Western Australia
Ownership:
100%
Status:
Exploration Stage
The Tabba Tabba and covers a 20km strike of highly prospective greenstone units identified through mapping and regional magnetic surveys. The Tabba Tabba project is immediately north-west of FMG’s Tabba Tabba project and contains the same greenstone belt that FMG is extensively drilling. This band of mafic rocks extends south-east into the area where De Grey Mining have successfully drilled lithium and gold anomalies approximately 20km to the south-west. The belt hosted a historical tantalum deposit immediately north of LPI’s Tabba Tabba property.
Soil sampling of three greenstone belts shows significantly elevated concentrations of lithium, caesium, tantalum, nickel and gold.
Drilling was conducted on the Tabba Tabba project in August 2019. Drilling returned maximum values of 0.47% Li2O. Futher field work is expected to occur in the second half of the year, 2021.
