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- QX Resources (QXR) begins the first round of drilling at its Turner River lithium project in Western Australia
- Reverse circulation drilling is testing two areas for either lithium bearing pegmatites or a new style of large tonnage hard rock lithium deposit rich in lithium micas
- QXR says it identified potential for a “large area” of significant lithium mica mineralisation hosted in the tops of large split rock supersuite granites extending under cover
- An airborne geophysical survey is also planned across the project area to assess extensions of lithium micas minerals at depth over a three by one kilometre target area
- QXR shares were up 6 per cent trading at 5.3 cents at 1:08 pm AEDT
QX Resources (QXR) has begun the first round of drilling at its Turner River lithium project in Western Australia.
The maiden 1500-metre reverse circulation drilling program is testing two areas for either lithium bearing pegmatites or a new style of large tonnage hard rock lithium deposit rich in lithium micas.
Both target styles of lithium mineralisation are interpreted to extend under thin regolith cover at the Carbonate Hill prospect within the Turner River project exploration licences.
In pursuing this new type of project, QXR’s newly appointed Managing Director Steve Promnitz said the initial indications at Turner River show the potential for a “large area” of significant lithium mica mineralisation hosted in the tops of large Split Rock Supersuite granites extending under cover.
According to QXR, similar types of hard rock lithium deposits have been located in WA and other countries, but are yet to be defined as major lithium projects in Australia.
An airborne geophysical survey is also planned across the project area to assess extensions of lithium micas minerals at depth over a three by one kilometre target area.
Over the last six months the company has recorded up to 4.9 per cent lithium oxide in rock chip samples taken from the project.
More recently, assay results from rock chip sampling included up to 1.6 per cent lithium oxide, and extended the Carbonate Hill area of interest to beyond undercover.
The project is south-east of Mineral Resources’ (MIN) Wodgina lithium mine within the Pilbara lithium province.
QXR shares were up 6 per cent trading at 5.3 cents at 1:08 pm AEDT.
