Lithgold Lithium Targets are all located within the Ida Fault Lithium Cooridor
Priority 1 –Gecko North (Anomaly1)Lithgold’s preliminary exploration sampling on tenement E15-1587 confirmed presence of a lithium anomaly (Anomaly One). This anomoly was independently confirmed by ASX listed SenseOre using its propriety AI methodology. Lithgold and SensOre entered into a exploration JV on tenement E15-1587.SensOre must spend a total of $2.5m to earn a 51% interest in the lithium and non-precious minerals found on the tenement. Lithgold Minerals retains 100% of any precious metals found.
Gecko North-Anomoly 2
The lithium soil assays form two board areas of anomalism one in the west with a ‘V-shaped’ configuration open to the north and possibly to the south, mostly contained with the E15/1585 Tenement. The anomaly is nominally 2,300 m long and 2,000 m wide. The source of the anomalism is interpreted to be from a buried highly fractionated pegmatites which have a structural component with some of the GSWA interpreted faults/shears paralleling the lithium anomalism with increasing lithium values towards the bifurcation zone in the monzogranite Priority 2 – South Dome
Priority 3 – Northern Fractures
Priority 4 – Central Grantoids
All targets have suitably developed structural pathways for pegmatite emplacement into highly sheared/fractures rafts of greenstone stratigraphy lying over intruding monzogranites.
Mapped pegmatites within the granite occurs in Southern Dome. The granites are the highly fractionated, post-regional folding granites and the source of lithium-bearing pegmatites in the region.’