Loyal Lithium (LLI) discovers multiple spodumene-bearing pegmatites at Trieste project, Canada

• Loyal Lithium (LLI) discovers five spodumene-bearing pegmatite dykes at its Trieste lithium project in Canada
• The dykes have all been identified within a six-kilometre squared area of the Trieste Greenstone Belt, with high-value greenstone targets yet to be explored
• Samples of the discoveries have been taken for assay and geological observation
• Further exploration drilling and field programs are being prepared
• Shares are up 18.9 per cent, trading at 53.5 cents at 12:07 pm AEST

Loyal Lithium (LLI) has discovered five spodumene-bearing pegmatite dykes through an ongoing field program at its Trieste lithium project in James Bay, Canada.

The dykes were identified within a six-kilometre squared area of the Trieste Greenstone Belt, with high-value greenstone targets yet to be explored.

The company confirmed samples were taken for assay and geological observations.

“We are passionate about lithium and on a mission to play a part in the North American lithium supply chain,” Loyal Lithium Managing Director Adam Ritchie said.

“The discovery of five spodumene-rich dykes gives us great confidence as we accelerate our exploration activities and prepare for drilling.”

Further exploration drilling and field programs are being prepared. Loyal lithium boasts the largest landholding within the highly prospective Trieste Greenstone belt, with more than 250 square kilometres.

LLI shares shot up 18.9 per cent, trading at 53.5 cents at 12:07 pm AEST.