DMC Mining (ASX:DMM) take its first lithium look at Talon RidgeSeptember 28, 2023
DMC Mining have begun on-ground lithium exploration at Talon Ridge, covering a 27.5-kilometre anomalous lithium zone within a pegmatite trap defined by the Geological Service of Western Australia at its fully owned project.
The company’s Fraser Range tenements cover 1065 square kilometres of potential pegmatite-bearing granites hosted on the margins of a Yilgarn Craton which has continued to yield world class discoveries.
DMC Executive Chairman David Sumich said the company was excited to be exploring for lithium in a belt-scale, dominant position.
“Our tenement holding spans 1,381km2 of which ~1,065km2 is within potential LCT/NYF pegmatite bearing granites. This commanding presence is in a region historically known for world-class mineral discoveries,” Mr Sumich said.
Mr Sumich added that the 27.5-kilometre anomalous zone had presented investors with an outstanding lithium exploration opportunity.
“It’s worth noting that these LCT granites have long been associated with the formation of lithium deposits, and our exploration efforts are squarely aimed at uncovering these valuable resources,” he said.
Exploration over the tenements have traditionally focused on gold, and while there is limited data on hand for the area’s pegmatite potential, discrete lithium samples have shown to be spatially anomalous given the interpreted geology.
DMC believe that the ratio of lithium to pathfinders has continued to support evidence of elevated lithium anomalies and have now begin geochemistry and rock chip sampling to get its first proper look at Fraser Range lithium.
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