Announcement Date: 2022-10-19
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: MinRex Resources Ltd.
Project name: Sisters
Location: Australia
Commodities: Lithium
Highlight: Rock chip samples returned up to 0.29% Li2O
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: MinRex Resources Limited (ASX: MRR) (“MinRex” or “the Company”) is pleased to announce the preliminary geological data from the completed RC drill program over the Sisters Lithium Project in the East Pilbara of WA. In conjunction, 3 rock chip samples were taken over newly identified pegmatites away from the firstly discovered spodumene rich pegmatites in the south-eastern portion of the E45/5871. These new identified highly anomalous lithium pegmatites have demonstrated more potential for pegmatites discoveries on the ground. The extensive floodplain covering the area has the potential to yield further untested pegmatites. MinRex Resources Limited Managing Director Mr Karageorge commented: “We are delighted in the very early stage of drilling to have intersected stacked pegmatites sheets that have extensions at depth from the outcropping high-grade lithium samples delineated earlier in the year. This has confirmed the geological model which supports the stacked sheeted pegmatites are continuing at depth from surface”.
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