Aurumin Identifies Mt Palmer Lithium Potential
THE DRILL SERGEANT: Aurumin (ASX: AUN) released some interesting news regarding the company’s 100 per cent-owned Mt Palmer project in Western Australia.
Although Mt Palmer has a history of high-grade gold production, producing approximately 158,000 ounces at 15.9g/t gold before ceasing commercial operations in 1944, Aurumin claims to have confirmed prospectivity for lithium pegmatites within the project.
Aurumin completed a broad spaced Ultrafine soil sampling program in the southern portion of its Mt Palmer tenements, collecting around 350 samples.
The company explained a preliminary assessment of these samples using a desktop XRF Bruker CTX instrument was completed by Portable Spectral Services, using that company’s in-house developed and proprietary Lithium Index Calibration that acts as a proxy for lithium concentrations as pXRF instruments are unable to directly detect lithium.
The Lithium Index identified multiple targets, some of which are coincident with historically logged pegmatite in drilling with intercepts up to 50m downhole and where outcropping pegmatite has been observed from field work.
“Pegmatites are well known around the Mt Palmer area, and they cut-off some of the gold lodes at the historical Mt Palmer mine,” Aurumin managing director Brad Valiukas said in the company’s ASX announcement.
“As exploration work for 2022 has a more regional focus we have been considering other commodities.
“The recent identification of flatter lying pegmatites in the south of our tenements, analogous to those of Mt Holland, is a result of continuing to build our dataset from pre-digital records and shows the value of this work.
“We are pleased to add this extra dimension to Mt Palmer for 2022 and the program is prospective for both gold and lithium.
“Our phase 1 soil samples and associated rock chip samples are currently at the laboratory for full multi element analysis.
“An infill (phase 2) soil sampling program, is currently in progress and we plan to undertake a reconnaissance drilling program as soon as practicable after receiving approvals.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: admin@aurumin.com.au
Web: www.aurumin.com.au