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GreenTech Metals Discovers Lithium-Bearing Pegmatites at West Pilbara Joint Venture — ASX:GRE| ASX Mining News & Discussion
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Lykeshares
2y
Official
$GRE
GreenTech Metals Discovers Lithium-Bearing Pegmatites at West Pilbara Joint Venture
GreenTech Metals Limited (ASX: GRE), an exploration and development company specialising in copper and nickel projects in Western Australia's West Pilbara region, has identified lithium-bearing pegmatites at its West Pilbara Joint Venture (JV) project with Venturex Resources Limited (ASX: VXR).
Covering an expansive area of 1,200 square kilometres, the West Pilbara JV project encompasses multiple copper and nickel prospects, with potential for lithium, tantalum, and gold mineralization. GreenTech has the right to earn up to a 75% interest in the project within four years by investing AUD 6 million.
In a recent development, GreenTech completed a comprehensive airborne magnetic survey over the project area, revealing several magnetic anomalies that may indicate the presence of pegmatites. Pegmatites are coarse-grained igneous rocks known to contain lithium-bearing minerals like spodumene, lepidolite, and petalite.
To further confirm the existence of pegmatites, GreenTech conducted a reconnaissance field visit to the project area, successfully identifying pegmatites at various locations.
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Rock chip samples collected from these pegmatites returned lithium values of up to 0.23% Li2O, along with tantalum, niobium, and rubidium anomalies. Notably, these pegmatites are associated with a regional fault zone extending over 20 kilometres within the project area.
GreenTech intends to continue exploring these pegmatites by conducting geological mapping, geochemical sampling, and drilling to assess their potential in hosting economically viable lithium deposits. The discovery of these pegmatites represents an exciting new exploration target within the West Pilbara JV project, further enhancing GreenTech's diverse portfolio of copper and nickel assets.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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