Norwest Minerals (ASX:NWM) - CEO, Charles Schaus
CEO, Charles Schaus
Source: Charles Schaus/LinkedIn
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  • Norwest Minerals (NWM) identifies a large lithium-caesium-tantalum (LCT) anomaly within its Arunta West project in WA
  • The discovery was made through an ongoing analysis of a multi-element geochemical program conducted last year
  • The anomaly covers a six-kilometre by two-kilometre area that’s situated along a greenstone-granite contact containing elevated lithium, tantalum and niobium
  • Norwest plans to undertake mapping and sampling in the upcoming quarter and will submit work applications shortly
  • Company shares end the day trading steady at 5.7 cents

Norwest Minerals (NWM) has identified a large lithium-caesium-tantalum (LCT) anomaly within its Arunta West project in Western Australia.

The company is undertaking an ongoing analysis of a multi-element geochemical program conducted over the project last year which generated 6550 samples.

The newly discovered anomaly covers a six-kilometre by two-kilometre zone which is located along a greenstone-granite contact where cross-cutting structures appear to contain elevated lithium, tantalum and niobium elements. These are considered key components for LCT-rich pegmatites.

“The analysis work by our consulting geochemist continues to prove fruitful with the identification of this large LCT pegmatite anomaly which follows on the back of this week’s rare earth anomaly announcement,” CEO Charles Schaus said.

“The occurrence of the elevated and coincident lithium, tantalum and niobium samples along a greenstone-granite contact makes for very exciting follow-up exploration of this LCT pegmatite target.”

Norwest plans to conduct follow-up mapping, rock chip and infill soil sampling and has submitted work applications to do so. The company expects to commence this work in the June quarter.

Company shares ended the day trading steady at 5.7 cents.

NWM by the numbers
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