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Altamin (ASX: $AZI) releases maiden mineral resource estimate for Lazio geothermal lithium project

Altamin Limited (ASX: $AZI) Maiden Mineral Resource Estimate Announcement


Altamin Limited (ASX: $AZI) has issued an amended announcement regarding the maiden Mineral Resource estimate (MRE) for the Lazio Geothermal Lithium Project. The MRE, reported at and above a cut-off grade of 70 milligrams per litre (mg/l) lithium (Li), includes lithium carbonate equivalent (LCE) and sulphate of potash equivalent (SOPE). The project also holds significant potential for electrical power generation from geothermal resources. The MRE has been prepared in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC 2012) and the United Nations Framework Classification for Resources to Geothermal Energy Resources (2022) (UNFC).

Executive Commentary on Altamin's Lazio Geothermal Lithium Project


The maiden Mineral Resource estimate for the Lazio Geothermal Lithium Project marks a significant milestone for Altamin. The inclusion of lithium carbonate equivalent and sulphate of potash equivalent underscores the project's potential for sustainable energy resources. The successful bench-scale direct lithium extraction and crystallization test work further validate the project's viability. We are committed to adhering to industry standards and look forward to advancing the project's development.

Summary of Altamin's Announcement


Altamin Limited's announcement regarding the maiden Mineral Resource estimate for the Lazio Geothermal Lithium Project provides valuable insights into the significant mineral resource potential and the prospects for sustainable energy generation. The project's focus on lithium carbonate equivalent and sulphate of potash equivalent, along with the potential for electrical power generation from geothermal resources, positions Altamin as a key player in the renewable energy sector. The detailed technical information and adherence to industry standards further enhance the credibility of the project's mineral resource estimate and geothermal resource.

ALTAMIN LIMITED
AZI | ASX | Materials
0.0380(+0%)
At close 05/07 (AEDT)
Market cap
$16.7M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.082
1YR Return
47.573%

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