PROJECTS:
EXPLORATION
Lithium Universe (ASX: LU7) is progressing a wide range of lithium and REE exploration projects around the world that will provide the critical materials for batteries and help the world transition towards cleaner energy.
Apollo Lithium Project
Figure 1 – the team at the Apollo Project
Overview
Commanding a land position spanning over 240 km2, the Apollo Project is located 29 kilometers south-east of the Corvette Lithium Project 109Mt @ 1.42% Li2O, owned by Patriot Battery Metals (market cap of over A$1 billion) and just 28 kilometers to the east, the Adina Project rated at 78Mt @ 1.15% Li2O owned by Winsome Resources Limited in Quebec, Canada.
The Apollo Lithium Project covers a commanding land position, spanning over 240 km2, in the heart of an emerging world-class Lithium district, near Patriot Battery Metals Corvette Project and Winsome Resources Adina Project.
Patriot’s most successful drill result was a remarkable 156m at 2.12% Li2O at CV5 . Similarly, 28 km to the east, Winsome Resources Limited (ASX:WR1) recently announced a high-grade mineralised intersection of 107m at 1.34% Li2O from 2.3 meters (AD-22-005) at their Adina Project.
Apollo has 17 pegmatite outcrops reported on the tenement package. Given the exceptional results from these neighbouring projects in addition to a similar geological host, the Apollo Lithium Project has the potential to be equally successful.
GEOLOGY
Following the Airborne Magnetic Survey, the company utilised property scale geophysics to facilitate a comprehensive structural analysis of the area. The Company believes that structural geophysics analysis indicates the potential for LCT pegmatitic dykes following distinct regional and local scale structural corridors. It appears that a major east-west trending fault shear corridor feature is evident that extends from the Apollo project to Winsome Resources Limited’s Adina Lithium project to the east. This shear corridor feature could control any potential spodumene mineralisation.
Figure: Structural Geophysics analysis showing shear corridor feature from Adina across Apollo
Adina West & Adina South Lithium Project
Overview
The Adina Projects are situated in close proximity to the Adina discovery, which is owned by Winsome Resources.
Recently, Winsome Resources reported successful drilling results, with AD-22-005 yielding 107m at 1.34% Li2O from 2.3m at their Adina Project. The Adina South & Adina West Lithium Project boasts one of the largest prospective land holdings near Winsome Resources Limited.
Figure 1: Adina West and Adina South Lithium Projects proximal to Winsome’s (WR1) Adina Project
Margot Lake Lithium Project
Figure 1: Margot Lake Lithium Projects proximal to Frontier Lithium (TSX:FL) PAK and Spark deposit
Overview
Lefroy Lithium Project
Overview
Figure 1: Lefroy Lithium Project proximal to Bald Hill Mine and Mt Marion Mine.
Voyager REE Project
Figure 1: Voyager Rare Earth Project (North) proximal to ABx Deep Leads-Rubble Mound 13.9Mt resource.
Overview
The Voyager north tenements are positioned between ABx Group (ASX:ABX) tenures, where clay-hosted rare earth elements (REE) and niobium have been discovered. ABx upgraded the mineral resource to 13.9Mt at 705ppm TREO . These deposits are analogous with Ionic Adsorption Clay (IAC) deposits that have produced REE in southern China using simple leaching.
ABx stated that early test-work indications show their rare earth elements are easily leached and could be concentrated at low cost, with no deleterious elements. Geological mapping of Voyager’s tenures indicates the presence of various areas of clay and bauxite, which is the ideal geological environment for the occurrence of rare earth elements.
