Anax (ASX:ANX) finds more than it bargained for at Whim Creek

Anax Metals has encountered extensive pegmatite swarms halfway between Karratha and Pt Hedland at its Whim Maar & Loudens Patch prospects, adjacent to its flagship Whim Creek zinc-copper project in the Pilbara, Western Australia.

The latest news comes after the Company decided to pursue the chance find, executing regional geological mapping at a 1:5000 scale at the Whim Maar and Loudens Patch Prospects.

Mapping has pinpointed the pegmatites with more than 200 potentially lithium-fertile rock samples, rushed to the lab for analysis.

Whim Maar and Loudens Patch are two prospects in the Whim Creek Project, owned by Anax and operated through a joint venture with Develop Global (ASX:DVP).

“Pegmatite swarms at Whim Maar and Loudens Patch are far more extensive than were initially identified by historical mapping or recent reconnaissance sampling,” Anax Managing Director Geoff Laing said.

“This work provides further encouragement of potential lithium fertility based on field observations,” he added.

“Soil sampling work continues, which will define the extent of lithium geochemical anomalies and may help to identify pegmatites obscured beneath the recent alluvial cover.”