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Lanthanein Resources (ASX:$LNR) confirms lithium potential at Lady Grey Project

Lanthanein Resources site visit confirmation


Lanthanein Resources Limited (ASX:$LNR) has confirmed the presence of an outcropping quartz core pegmatite at the Lady Grey Lithium Project, located adjacent to Covalent Lithium's Earl Grey Mine in the Forrestania Greenstone Belt. The recent site visit by Company Directors, Tom Langley and Anees Sabet, revealed elevated tantalum associated with the pegmatite, indicating potential for a fertile LCT pegmatite mineral system. The project covers approximately 77km2 and is set for evaluation and field work to assess the potential for lithium pegmatites following heritage clearance.

Executive Commentary on Lady Grey Lithium Project


The recent site visit confirms the exploration potential of the highly prospective Lady Grey Project, which is strategically located adjacent to one of the largest operating lithium mines in Western Australia. The presence of elevated tantalum associated with the outcropping pegmatite is a key indicator of a potentially fertile LCT pegmatite mineral system. Plans for evaluation and field work will commence immediately to assess potential for lithium pegmatites. The project has excellent access with existing tracks and grid lines, allowing for expedited exploration programs to occur throughout the next few months.

Summary of Lady Grey Lithium Project


Lanthanein Resources' recent site visit to the Lady Grey Lithium Project has confirmed the presence of an outcropping quartz core pegmatite, indicating potential for a fertile LCT pegmatite mineral system. The project, covering approximately 77km2, is strategically located adjacent to Covalent Lithium's Earl Grey Mine, one of the largest operating lithium mines in Western Australia. Following heritage clearance, the company plans to undertake project-wide evaluation of lithium hosting pegmatite potential with a drilling program planned for February-March 2024. The project is expected to have strong news flow through to late 2024, and the company anticipates a positive outlook for the assessment of potential lithium pegmatites and associated mineralisation.

Sourcehttps://announcements.asx.com.au/asxpdf/20231214/pdf/05yk482w42rrzz.pdf

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