Essential (ASX: ESS) targets for 2025 lithium
- Essential Metals targeting lithium production at the Pioneer Dome Lithium Project in 2025
- Primero appointed to commence a Scoping Study, and MRE
- Progressing discussions with potential off-take/project partners
- Study will be an initial mining inventory of 7.5Mt @ 1.2% Li2O
Scoping Study outcomes will then form a basis to finalise frameworks with the most suitable partner/partners to assist with advancing the Pioneer Dome Lithium Project into production.
“We are now entering a very important period for the Company as we determine the initial scale of the operation and progress selection of a partner/partners that are best suited to ensuring the Pioneer Dome Lithium Project is a long-term success for ESS shareholders,” Managing Director Tim Spencer said.
The Company’s ASX shares are 42.5c.
About the Pioneer Dome Lithium Project
The 450km2 Pioneer Dome Project (ESS: 100%) is located in Western Australia’s lithium corridor in the Eastern Goldfields, approximately 130km south of Kalgoorlie and 275km north of the Port of Esperance.
A Mineral Resource2 of 11.2Mt @ 1.21% Li2O has been defined at ‘Dome North’ in the northern area of the Project.
The southern Yilgarn area is known for spodumene deposits, including the Bald Hill Mine, the Mt Marion Mine and the Buldania Project, all located within 80km of the Pioneer Dome Project.
The Greenbushes Deposit, the Mt Holland Mine and the Mt Cattlin Mine are located further west, south-west and south-south-west, respectively.