Scorpion Minerals Limited (ASX: SCN) has announced significant assay results from its RC drilling campaign at the Youanmi Lithium Project in Western Australia. The results indicate high-grade lithium mineralization, including intersections such as 5m at 1.13% Li2O from 79m, 9m at 0.90% Li2O from 108m, and 6m at 0.92% Li2O from 113m. Highly concentrated lithium mineralization, with grades as high as 2.36% Li2O, has been discovered in stacked LCT pegmatites.
These findings confirm the presence of shallow east dipping LCT pegmatites along a 1000m stretch within the central corridor, necessitating immediate infill drilling. The assays also demonstrate mineralized pegmatites at depths of up to 175 meters below the surface, with open potential for further exploration. Scorpion Minerals plans to conduct additional RC and diamond drilling, geological mapping, soil geochemistry, and XRD mineral analysis to further explore and evaluate lithium targets.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 20, 2024
Nov 20, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.