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Cavalier Resources (ASX:CVR) begins soil sampling program at Ella’s Rock

ASX News, Materials
ASX:CVR      MCAP $5.729M
31 October 2022 18:25 (AEST)

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Cavalier Resources (CVR) has begun an extensive soil sampling program at the Ella’s Rock project in Forrestania, Western Australia.

This program will target lithium, nickel and gold mineralisation at the project with multiple untested potential greenstone walk-up targets present.

The Ella’s Rock Project comprises three granted exploration licenses and covers an area which has been largely untested southeast of the Forrestania Greenstone Belt.

The project area also lies south of Forrestania Resources’ (FRS) lithium target corridor and immediately adjacent to the Lake lithium target.

Cavalier engaged Terrestrial Ecosystems and Native Vegetation Solutions to complete targeted flora and fauna surveys.

Additionally, Cavalier has applied for new tenure within the project to target untested potential greenstones at depth and it has scheduled environmental surveys.

Shares in Cavalier ended the day trading steady at 14.5 cents at market close.

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