by –News Direct–
Caspin Resources Ltd (ASX:CPN) MD Greg Miles tells Proactive the company is investigating the lithium potential at its Yarawindah Brook Project. The project sits within Western Australias southwest Yilgarn craton, in the same geological area as the Greenbushes mine the worlds largest lithium-cesium-tantalum (LCT) pegmatite deposit at 360 million tonnes at 1.5% lithium oxide. This comes as the company progresses opportunities at the Mount Squires Project. The potential for lithium bearing pegmatites adds to the strategic value of Yarawindah Brook where Caspin is working to discover high-grade PGE-nickel-copper deposits.
Miles said: Excellent work by our geological team has recognised Yarawindah Brook to have the right source rocks and the right structural setting for the emplacement of LCT pegmatites.
Were in a fortunate position that our systematic soil geochemistry gives us a head start on assessing the lithium prospectivity of the project and in fact shows signs of lithium pathfinder elements such as tin and tantalum.
These pathfinder elements have also been recognised by previous explorers within and adjacent to our tenements, so we are seeing multiple datasets supporting our conceptual targeting.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/caspin-resources-highlights-yarawindah-lithium-potential-767769743
Caspin Resources Ltd
COMTEX_442028938/2655/2023-10-17T15:09:43
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
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