Uvre Limited (ASX: $UVA) announcement overview

Uvre Limited (ASX: $UVA) has announced the completion of a high-resolution helicopter magnetic and gamma-ray spectrometric geophysical survey by the United States Geological Survey (USGS) and Wyoming State Geological Survey (WSGS) for its South Pass Lithium Project. The survey results, recently published by USGS, provide key data for priority prospect targeting. The survey defines deep craton scale northeast structures and identifies potential fertile pegmatites using K/Rb-Li ratio analysis.

Executive commentary on the survey results

The Managing Director of Uvre, Peter Woods, expressed his satisfaction with the high-resolution survey results, stating, 'The deep craton scale northeast striking structures defined by the processed magnetic images are likely Proterozoic dykes and are consistent with the strike of regionally mapped pegmatite orientations including Billy and Jonny outcropping LCT pegmatite prospects. Uvre is delighted with this observation as it provides a consistent strike and focussed search space to test for the distribution and grade of lithium, along a deep craton scale system of pegmatite co-incident with mafic dikes.'

Summary of the South Pass Lithium Project update

Uvre Limited (ASX: $UVA) has obtained crucial data from the high-resolution survey for its South Pass Lithium Project, providing valuable insights for priority prospect targeting. The survey results define deep craton scale northeast structures, indicating potential fertile pegmatites using K/Rb-Li ratio analysis. The company plans to conduct further analysis of rock samples and implement targeted surface sampling and soil sample programs to test the lithium-bearing pegmatites. The South Pass Lithium Project is considered highly prospective, with outcropping pegmatites demonstrating significant scale potential and confirmed lithium presence. Uvre's ambitions for the project include the exploration of low carbon energy minerals and the creation of value for its shareholders.