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2,402.80
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Lithium Universe (ASX: $LU7) completes summer/fall exploration campaign

Lithium Universe Limited announces completion of 2023 summer/fall exploration work at Apollo Lithium Project


Lithium Universe Limited (ASX: $LU7) has successfully concluded its 2023 summer/fall exploration work at the Apollo Lithium Project. The company completed an intensive field program, including geological mapping, sampling, and soil laboratory analysis. The exploration has led to the identification of potential drilling targets for the upcoming 2024 campaign, focusing on a major fault shear corridor feature extending from the Apollo project to Winsome Resources Limited's Adina Lithium project.

Executive Commentary on Apollo Lithium Project Exploration


Chairman, lggy Tan, expressed satisfaction with the methodical and systematic approach taken during the summer/fall program. He acknowledged the excellent work by Laurentia Exploration and Head of Geology, Justin Rivers, emphasizing the importance of the exploration efforts in mapping out a drilling campaign for the new year. Tan also highlighted the company's anticipation for continued exploration efforts at Apollo in 2024.

Summary of Apollo Lithium Project Exploration and Outlook


Lithium Universe Limited's completion of the summer/fall exploration work at the Apollo Lithium Project has provided valuable insights and potential drilling targets for the upcoming year. The company's partnership with Laurentia Exploration has facilitated a comprehensive exploration program, leading to the identification of priority drill targets for the 2024 campaign. The receipt of final soil laboratory analysis has allowed for an updated geological interpretation, enhancing the understanding of key rock types and their extent across the permit. The identification of a major east-west trending fault shear corridor feature extending to Winsome Resources Limited's Adina Lithium project presents promising opportunities for the company's future drilling program. Chairman lggy Tan's positive outlook and anticipation for continued exploration efforts in 2024 reflect the company's commitment to advancing its lithium projects.

Sourcehttps://announcements.asx.com.au/asxpdf/20231229/pdf/05z0nmqwqnpbs2.pdf

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