Encounter looks for lithium at Sandover
PERTH (miningweekly.com) – Junior Encounter Resources has launched a strategic review into the lithium potential at its Sandover copper project, in the Northern Territory.
The company told shareholders on Tuesday that the region’s lithium perspectivity had been recognised by a number of companies.
“Encounter holds an expansive land position in the North Arunta Pegmatite Province that is attracting the attention of a number of lithium-focused parties,” said MD Will Robinson.
“It’s impossible to ignore the significant lithium potential of Sandover. We are looking to identify and prioritise the various prospects and to determine an appropriate path forward. This could mean Encounter continuing 100% or seeking a well credentialled, experienced lithium party to go forward with. The strategic review of the intrinsic lithium potential of Sandover will be completed in the coming months.”
Encounter nonexecutive director Dr Jon Hronsky will complete a technical assessment of the potential for lithium and other critical minerals at Sandover in the September quarter as part of a strategic review to determine how best to optimise and advance the lithium/caesium/tantalum opportunity.
Copper exploration at Sandover will continue to advance with the start of a gravity survey to aid the development of a basin-wide stratigraphic model. The gravity survey will also aid lithium exploration by defining potential key hosting structures.
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