Announcement Date: 2023-08-28
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: Stelar Metals Ltd.
Project name: Trident
Location: Australia
Commodities: Lithium
Highlight: Rock chip sampling assays results new high grade Lithium
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Critical minerals explorer Stelar Metals Limited (ASX:SLB) (“Stelar Metals” or the “Company”) has received additional high-grade lithium assay results from the Lady Don and Sceptre pegmatites during its first reconnaissance rock-chip sampling at the newly acquired Trident Lithium Project located near Broken Hill in New South Wales. The Trident Lithium Project extends over the 20km strike length of the Euriowie Tin Pegmatite Field that is prospective for hard-rock lithium mineralisation (Figure 1). Mapped LCT-type pegmatites vary in size but have been reported to be up to 100 metres wide and over 1 kilometre in length and have historically been mined for lithium and tin, which highlights both the fertility and large scale of the lithium-rich pegmatite system at Trident. Stelar’s early exploration work has expanded the area of pegmatites hosting high-grade lithium mineralisation at the Project. All three of the Sceptre Pegmatite samples returned between 4.6% and 7.6% Li2O and three of the eight Lady Don Pegmatite samples returned between 5.2% and 7.9% Li2O. Intertek Laboratory has completed analysing the second round of reconnaissance rock-chip samples that were collected from historic pegmatite mines at the Trident Lithium Project with an additional 15 rock-chip assays available from Trident, Sceptre, Lady Don and Ormond pegmatites (Tables 1 and 2).
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