Vertex Minerals (ASX:VTX) join the Lake Johnston lithium rush

Vertex Minerals (ASX:VTX) join the Lake Johnston lithium rush

November 29, 2023 Off By Rueben Hale

Vertex Minerals will join a fray of explorers, which includes Rio Tinto, heading to the Lake Johnston lithium corridor in Western Australia following significant discoveries by others in the area.

The explorer is planning to undertake a lithium survey over its fully owned Taylor Rock tenement at Lake Johnston

The company says the recent lithium discoveries, together with an internal review, have prompted the program.

Taylor Rock sits northeast of Charger Metals/Rio Tinto Medcalf Spodumene Deposit JV and TG Metals Burmeister and Jaegermeister Li Prospects.

Taylor Rock covers the tenement’s favourable mafic and high Mg mafic rocks. These rocks have, in turn, been lateritically weathered.

“Vertex geologists previously mapped the very limited exposed pegmatites at Taylor Rock and found they carried low Li levels,” the company said.

“Given that there are cases of surface-expressed pegmatites that have depleted levels of Li but are mineralised at depth, and there is only limited exposed rock to sample, and the tenement is substantially covered by weathered lateritic material, a soil sampling program offers the best opportunity to find Li bearing pegmatites.”

VTX Lake Johnston

Tenement map relative to other holders in the Lake Johnston area

[mstock id=”12600″]

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

We are a boutique environment – the home of uncompromisingly high-quality brands spanning news, opinion, and interaction, priding ourselves on promoting discussion and understanding that facilitates growth. We work closely with our clients to really understand what they are trying to achieve and use best practice available to do that!

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005

Stewart Walters
Managing Director
+61 414 644 166

Amanda Ellis
Chief Content Producer
+61 438 003 868

Important links

Follow us