Source: Geology.com
Source: Geology.com
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Novo Lítio Ltd (Dakota Minerals) (ORODA:AU) is an Australian ASX and Frankfurt-listed Company which aims to become a sustainable European lithium carbonate/lithium hydroxide supplier, from its Northern Portugal operations. The Company has a significant cash position from the sale of its Australian lithium discovery, and is fully funded to the completion of its Definitive Feasibility Study at the Sepeda Lithium Project, Barroso-Alvão district, Northern Portugal. Sepeda has a maiden Mineral Resource of 10.3Mt @ 1.0% Li2
O. The Company aims to be producing technical grade concentrate by early-2019, which will help to fund lithium carbonate/lithium hydroxide plant construction, with first production of lithium carbonate planned for early 2020. The company also holds exploration leases in areas prospective for lithium (spodumene) in Sweden, covering 126km2. The Spodumenberget (Spodumene Mountain) prospect contains multiple historical records of spodumene samples from pegmatite outcrops grading >1% Li2O.
- Leading Edge Materials Corp.(TSXV:LEM) announced in November 2017 results from the first five holes drilled as part of the second program of drilling completed at the Company’s 100% owned Bergby lithium project in Sweden. Bergby lies in central Sweden, 25km north of the town of Gävle, secured by three exploration licenses that cover a total of 1,903 Ha. The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.Results from infill and step out holes have included the thickest mineralized interval intersected to date of 19.5m @ 1.12% Li2O (lithium oxide) in hole BBY17020. Key Results: BBY17019 intersected 12.6m @ 0.83% Li2O, from 21.1m depth, BBY17020 intersected 19.5m @ 1.12% Li2O, 184ppm Ta2O5 (tantalum oxide), from 13.6m depth, BBY17021 intersected 1.0m @ 0.96% Li2O, from 15.4m depth, BBY17023 intersected 8.2m @ 0.14% Li2O from 57.1m depth, BBY17024 intersected 8.1m @ 0.23% Li2O, from 56.1m depth Holes were drilled in the southern area of the prospect to infill and test down dip from previous drilling. Of particular note, hole BBY17020, the second most mineralized hole drilled at Bergby to date, was both thicker and higher grade than holes on adjacent 50m sections (which graded 6.40m @ 0.64% Li2O and 16.35m @ 1.00% Li2O). Furthermore, lithium mineralization in hole BBY17021 was discovered in an intermediate volcanic unit, rather than the pegmatite which had been the subject of all previous exploration and assaying. The drill program is now complete, with 15 holes drilled for a total of 991.0m. Bergby has now been tested by a total of 33 drill holes to a maximum depth of 131.1m over an approximate 1500m strike length. The true thickness of mineralized intervals is interpreted to be approximately 90% of the sampled thickness.
- Hannans Reward Ltd (ASX:HNR) has lodged seven applications for exploration permits over a historic lithium mine and tenure prospective for pegmatite-hosted lithium mineralisation in the Skellefteå-Boliden district of northern Sweden. Hannans first exploration permit application covers Sweden’s most well-known lithium occurrence, the Varuträsk pegmatite located near Skellefteå, Västerbotten, Sweden. Lithium was mined at Varuträsk by Boliden during the period 1936-46 through open cut and underground mining and is known to host lithium and cesium minerals, and also has occurrences of niobium minerals. During 1983-84 Swedish Geological AB completed mapping, moraine sampling, trenching and diamond drilling at Varuträsk which resulted in the identification of a new pegmatite lens located approximately 1km north of the previously mined pegmatite. The full potential of the original pegmatite and the additional lens discovered in 1983-84 remains unanswered (for example, it does not appear that deeper drilling was ever conducted to determine the potential for economic occurrences of lithium beneath the lowest mined level). Varuträsk and its surrounding area clearly warrant further exploration for economic deposits of lithium and cesium minerals. Hannans’ remaining exploration permit applications cover a number of mapped pegmatites and Skellefteå-type granites prospective for lithium and cesium bearing minerals.
