Lithium Power (LPI) is a pure-play lithium company with three distinct project regions. One in South America’s brine region and two in Western Australia’s hard-rock, providing diversity in both geography and geology.
The company’s primary focus is on the development of Chile’s next sustainable high-grade lithium mine. The Project is located within the ‘Lithium Triangle’ in northern Chile, home to the largest and highest quality lithium brine deposits.
Tabba Tabba, WA
Location: North-west Western Australia.
Ownership: 100% owned by LPI
Status: Exploration stage
Highlights
- 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.
- A broad-spaced (300 x 300 m) regional soil sampling program was completed over the entire Tabba Tabba tenement. The results are expected Q3 2022.
Overview
The Tabba Tabba project 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.
Project status
During 2022, LPI announced its intention to demerge its Western Australian hard rock lithium assets. The Demerger will create a dedicated, WA-focused lithium exploration company with the management team and resources to realise the value of the WA assets. The Demerger will enable LPI to focus on developing its Maricunga Lithium Brine Project in Chile.
The Company is pleased to announce that the demerged entity will be re-named Western Lithium Ltd (from Lithium Power WA Holdings Pty Ltd). A new constitution has been adopted and Western Lithium has applied to the Australian Securities and Investment Commission to change its status to a public company in preparation for the demerger.
A broad-spaced (300 x 300 m) regional soil sampling program was completed over the entire Tabba Tabba tenement. The program was designed to provide an entire geochemical dataset of the tenement. Some 722 primary samples were collected, and a further 78 duplicates were taken for QAQC purposes. The figure below shows the locations involved. Samples were taken from streams and the main Tabba Tabba creek. When it was not possible to collect a sample within 20 m of the planned location, the sample was not collected. All samples have been dispatched to LabWest to be analysed via a UltraFines+TM process. This analytical technique, which looks at the 2-micron clay fraction, was jointly developed with CSIRO as a method of seeing through cover sequences. The results are expected early in the next quarter.
