Critical minerals explorer Greentech Metals Ltd (ASX:GRE) has confirmed the presence of a strong lithium trend over 5.5-kilometre strike at Kobe South – part of its wider Ruth Well project in Western Australia.
Peak assays of between 200 and 467 parts per million (ppm) lithium oxide (Li2O) were yielded from the Kobe South trend through Greentech’s extensive infill sampling program – comprising 1635 samples – which sought to build on previously reported reconnaissance sampling undertaken in the territory in 2018.
The recent sampling work also included the Osborne pegmatite cluster, which has yielded peak assays of between 300 and 712ppm Li2O.
Kobe South is itself a western extension of another strong lithium soil footprint associated with this cluster, which Greentech is exploring as part of a joint venture with Artemis Resources Ltd (ASX:ARV).
Executive Director Tom Reddicliffe said the soil sampling results from both projects coalesced well with previous exploration finds.
“We are pleased to see the persistence of well-defined lithium soil anomalies along strike at our Ruth Well and Osborne JV projects,” he said.
“These results are supported by the discovery of additional pathfinder elements
which are consistent with other anomalies associated with a nearby lithium bearing
pegmatite.
“It is also very encouraging that the tenor of the anomalies is similar to that of other
soil anomalies associated with known lithium pegmatite occurrences in other parts of our project area.”
At 12:41 AEDT, Greentech was trading at 14 cents, a rise of 3.7 percent since the market opened.