Other Projects

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.

Western Australia Projects

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.

October 2015 Technical Expedition

Greenbushes – South West, 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.

Greenbushes Operations

Centenario, Argentina

Ownership:

70%

Status:

Exploration Stage

The Centenario project is a 70:30 Joint Venture between LPI and Marquee Resources covering an area of 68km2 in the Centenario lithium brine salar over 7 separate adjoining properties located in the centre of the ‘Lithium Triangle’ in the mining friendly Salta province.

 

Geophysical surveys have recently been completed on the project and indicate an extensive brine body throughout the tenements. Drilling permits have been received from government agencies and LPI is in the process of defining a work program for the project to be agreed by the joint venture partner.

October 2015 Due Diligence Expedition