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Metalicity to review lithium potential

7th November 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – ASX-listed explorer Metalicity has appointed CSA Global to undertake a geological review of the company’s four lithium projects in Western Australia, in the hopes of generating new targets and prioritising existing targets.

“Given the size of the company’s lithium portfolio and interest from end-users in the sector, we believe this is a right time to appoint lithium experts from CSA Global to conduct a targeting review of our entire lithium portfolio to determine the best strategy to progress these assets,” Metalicity MD Matt Gauci said on Tuesday.

He pointed out that previous targeting work undertaken by the company had focused on mapping pegmatites at the Pilgangoora North project, as well as at the Stannum prospect at the Wodgina South project.

This area represented only around 20% of Metalicity’s lithium-prospective land package, with Gauci pointing out that significant potential remained to generate new targets for drilling within Australia’s two most significant hard rock lithium producing regions.

Edited by Creamer Media Reporter

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