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EverGreen Lithium (ASX: $EG1) uncovers additional large lithium pegmatite targets

EverGreen Lithium's Bynoe Project Phase 3 results


EverGreen Lithium Limited (ASX: $EG1) has announced the receipt of the final Phase 3 geochemical soil sampling results from the Bynoe Project in the Northern Territory. The results confirm the likely presence of large-scale lithium pegmatite targets within the Bynoe lease, with an additional anomalous zone to the east of previously identified areas. The company plans to conduct auger, RAB/AC, and RC drilling to further test the potential of the project in 2024.

Exploration Manager's Perspective on Bynoe Project


These final soil results add to the picture that the Bynoe Project has great LCT pegmatite potential. Yet another soil anomalous area to the east is a significant outcome for the company. Using a variety of proven exploration tools such as auger, RAB and RC drilling, the team is looking forward to the upcoming exploration season to further test the potential of the project.

Summary of EverGreen Lithium's Bynoe Project Announcement


EverGreen Lithium's Phase 3 geochemical sample results from the Bynoe Project have revealed the presence of additional large-scale lithium pegmatite targets, indicating significant potential for lithium spodumene mineralization. The company plans to conduct further exploration work in 2024, including auger, RAB/AC, and RC drilling to test the identified anomalies. The discovery aligns with EverGreen's objective of achieving exploration success and contributing to a clean and green future. The company remains focused on identifying a world-class discovery utilizing the latest exploration techniques while maintaining an ESG focus.

EVERGREEN LITHIUM LIMITED
EG1 | ASX | Materials
0.065-0.003(-4.41%)
At close 05/07 (AEDT)
Market cap
$12.3M
Volume
132,399
DY Yield
0
PE Ratio
0
52 Week Range
0.05 - 0.36
1YR Return
N / A

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