Key lithium findings at Bandarra-São Braz Project

Gold Mountain (ASX:GMN) has reported significant lithium anomalies at its Bandarra-São Braz Project in Brazil. The findings include 61 stream sediment samples with notable lithium values, peaking at 76 ppm. Two major anomalies have been identified, one spanning 7.5 km and the other 1.9 km, indicating potential lithium-bearing pegmatites.

Gold Mountain's strategic outlook

Gold Mountain has unveiled significant lithium anomalies within its Bandarra-São Braz Project in Brazil, marking an important advancement in its exploration initiatives. The discovery includes two major anomalies, strongly indicating the presence of lithium-bearing pegmatites, and is supported by artisanal mining activities in the area. The company plans further exploration through mapping, sediment sampling, and soil sampling to identify drill targets. Positioned in the Borborema Province, known for its lithium resources, the Bandarra-São Braz Project is a key component of Gold Mountain's strategy to explore a diverse range of mineral targets in Brazil and Papua New Guinea. These efforts align with the company's broader goal to capitalize on emerging mining hotspots for lithium, rare earths, and copper.

Executive insights on the lithium discovery

The identification of these lithium anomalies is a significant step in our exploration efforts at the Bandarra-São Braz Project. The correlation with LCT pegmatite pathfinder elements further enhances the potential of uncovering lithium deposits in this region.