Announcement Date: 2022-10-25
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: EV Resources Limited
Project name: Shaw River
Location: Australia
Commodities: Lithium
Highlight: Exploration results incl.@ 212ppm Li
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: EV Resources Limited (ASX:EVR) (“EVR”, the “Company”) is pleased to provide an update for results received from follow up sampling undertaken within the Shaw River Project, located in the Pilbara region of Western Australia. The follow up field trip was undertaken to provide better evidence of economic grade lithium mineralisation in areas that indicated potential based on the initial field visit. A further 26 samples (Sh00032 to Sh00057) were collected from several areas across the project. The Hillside/Paterson area returned assay grades to 212ppm Li during the initial reconnaissance visit.1 During the recent field trip a number of small pits were located that had previously not been investigated. The pits were sunk on several muscovite-rich pegmatites that occur in clusters. Results for samples collected returned up to 1615ppm Li and 819ppm Sn (Sh00046 – see Table 1), with low K/Rb ratios for several samples indicating a high level of fractionisation. The elevated tin values may have been the reason for excavation of the pit.
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