Cassius (ASX:CMD) confirms high grade rocks in Tanzania
February 16, 2023Cassius Mining has returned highly promising rock chip assays up to 1.08% Li20 contained within a highly prospective area for lithium at its Chenene Lithium Project in Tanzania.
‘Dulu-1’ pegmatite rock-chip samples confirmed as LCT-type (Lithium-Caesium-Tantalum) with up to 2,782 ppm Cs and 181 ppm Ta with pegmatite lithology followed along strike for at least 950m.
Geology map of Chenene Lithium Project across 4 PLs (combined 300 km2) – showing the location of the Dulu area and known pegmatites
The most notable samples have come from the eastern section of around 510m parallel to and located ~160m south of the ‘Dulu 2′ hematite.
Meanwhile, Dulu-2’ pegmatite rock-chip samples in the enclosed PML area returned up to 5.49% Li2O.
“The LCT mineralised rock-chip samples at Dulu in our Chenene Lithium Project has opened up a new chapter for the Company, with the exciting potential of not only the two Dulu pegmatites extending sub-surface further along strike in both directions to the WNW and ESE but also of more parallel mineralised pegmatites being identified in the immediate area,” Cassius Chairman James Arkoudis said.
“We are really looking forward to the next exploratory phase at the now prioritised Dulu area, where we expect to build on these positive results in the near future.”
$0.033About Cassius Mining
Cassius Mining Limited engages in the mining and exploration of mineral properties in Australia and Africa. The company operates through two segments, Industrial Minerals Development and Mining Exploration. It holds 100% interest in the Soalara limestone project covering an area of 18.75 square kilometres southwest of Madagascar. The company was formerly known as Gulf Industrials Limited and changed its name to Cassius Mining Limited in December 2017. Cassius Mining Limited was incorporated in 2005 and is based in Sydney, Australia.
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