Announcement Date: 2023-08-28
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: Peregrine Gold Ltd.
Project name: Pilgangoora North
Location: Australia
Commodities: Tin,Niobium,Tantalum,Lithium,Rubidium,Beryllium,Caesium
Highlight: Lithium in soil results up to 291ppm
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Peregrine Gold Limited (ASX: PGD) (“Peregrine” or “Company”) is pleased to announce a reconnaissance soil sampling programme comprising 305 sites for 610 samples was recently completed at the Company’s Pilgangoora North Project (the “Project”). At each site, coarse (-12+2mm) and fine (- 2mm) fraction samples were collected, with each sample weighing approx. 1.5 kg and 2 kg respectively. A total of 13 east to west lines were sampled across selected areas within the tenement. Samples were collected 50 metres apart with lines ranging generally between 250m and 500m apart within the selected areas. Two east to west sample lines, approximately 400 metres apart in the southern portion of the tenement returned coincident lithium and caesium anomalism in close proximity to outcropping pegmatites within ultramafic host rock. Follow up sampling in early September will focus on this area and include infill soil lines as well as additional soil lines to the north and south in order to define the strike extent of this lithium/caesium anomaly.
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