Proactive’s Post

via The Market Herald Trinex Minerals Limited has received the final assays from a surface geochemical sampling program at its Ross Lake and MAC lithium projects in the Northwest Territories, Canada. Samples were collected over two weeks at the end of the Canadian Summer 2023 field season just north of Yellowknife, an emerging region of critical mineral exploration. #TX3 reported high-grade #lithium interceptions with a notable presence of spodumene crystals in lithium-#caesium-#tantalum (LCT) pegmatites at Ross Lake. Results included 3.31 per cent lithium oxide, 2.27 per cent lithium oxide, and 1.84 per cent lithium oxide from Trinex’s Dyke 75 area, prompting the prospect to become the company’s prime focus for #drilling in 2024. Learn more: https://loom.ly/MVONsdQ #TrinexMinerals #ASX

via Proactive Torque Metals Limited continues to strengthen the critical minerals potential of the New Dawn Lithium Project in Western Australia with all 17 holes from a reverse circulation (RC) #drilling campaign intersecting vertically stacked pegmatites. Thick, continuous pegmatite lodes were intersected in the completed campaign of about 5,000 metres which aimed to test and extend the company’s maiden exploration target that was announced last week for New Dawn, which is 600 metres west of the active Bald Hill #Lithium #Tantalum mine of MinRes. The conceptual exploration target is 8-14 million tonnes grading 1.0-1.2% lithium oxide, which highlights the potential for continued mineralisation along the New Dawn trend and guides Torque toward an initial mineral resource estimate. Learn more: https://loom.ly/KJ5CA9A #TorqueMetals #ASX

The upside of petrolithium, by Brent Wilson, CEO Galvanic Energy Since its inception, petrolithium has been showcased as an alternative to conventional lithium mining, which has faced greater environmental scrutiny in recent years. Touted for its minimal surface footprint, reduced carbon emissions and water recycling capabilities, petrolithium offers far-reaching benefits that are better aligned with the ultimate goals of electrification than historic mining approaches. Additionally, petrolithium unlocks vast amounts of untapped lithium in the US and Canada, lessening national dependency on foreign resources and reducing national security risks. Unlike the salt-laced playas of the Lithium Triangle of South America or the lithium-concentrated mineral veins of the Australian Outback, North America has an abundance of deep oil and gas reservoirs containing lithium-enriched brines. Although petrolithium resources have not been exploited in the past, they have long been considered. Given the rapid adoption and production of EVs and changing economics, as well as new major investments from an array of interested parties, it appears that the development of this critical resource has finally come. It will be exciting to see how it advances over the coming months and years, not only in North America but the rest of the world. https://lnkd.in/e6qqXmUc #petrolithium #lithium #criticalrawmaterials #batterymetals #exploration #USA #energytransition #oilandgas #oilandgasexploration #oilandgasindustry

Global Lithium Resources Ltd (ASX:GL1) has made strong progress towards the completion of its definitive feasibility study for the Manna Lithium Project, 100 kilometres east of Kalgoorlie in Western Australia. The DFS will incorporate an updated mineral resource estimate (MRE), detailed mine schedule, metallurgical and process flowsheet test work results and detailed operating and capital costs, amongst other key work streams. Furthermore, a significant number of assays remain pending from the 60,000-metre drilling program completed at Manna in 2023 with remaining assay results expected in the current quarter. The Manna DFS remains on track and is scheduled to be completed during the first half of this year. More at http://ow.ly/qLbj1059s2J #ASX #GL1 #Proactive #ProactiveInvestors #MiningAustralia #WesternAustralia #Lithium #BatteryMetals #CriticalMinerals

#ASXNews Assay Results Confirm High Grade Lithium Mineralisation at Ross Lake Trinex Minerals Limited is pleased to advise that the final assay results have been received from sampling at The Ross Lake Lithium Project and MAC Lithium Project in the Northwest Territories, Canada. Assays confirm the presence of high grade Lithium mineralisation associated with spodumene crystals in #Lithium-#Caesium-#Tantalum (LCT) pegmatites at Ross Lake. • Final assay results from systematic surface geochemical sampling at Ross Lake and MAC Lithium Projects have been received. • Results from rock chip samples taken at the Ross Lake Lithium Project include 3.31% Li2O, 2.27% Li2O and 1.84% Li2O from the “Dyke 75” area.  • Ross Lake will be a prime focus for drilling in 2024. • Results from rock chip samples taken at the MAC Lithium Project confirm the presence of a zoned LCT pegmatite system with a clear trend in decreasing K/Rb ratio, a typical indicator of lithium-bearing pegmatites. • Next steps on the NWT Projects includes ongoing First Nations engagement and consultation and the submission of a Class A Land Use Permit Application in early February with a maiden drilling program planned for the first half of 2024. #TX3’s Managing Director Will D. said: "It is fantastic to start the year with these results which have been highly anticipated by our shareholders and supports the Company’s decision to focus on our Canadian assets. "We only had a short window of a few weeks to get on the ground in Canada post-acquisition, and the team was able to make the most of this period with ten days of fieldwork to confirm the areas of known prospectivity in the new tenure. These results have positioned us for a targeted drill program as soon as the season allows, and the team has also identified some exciting new target areas for mapping and followup fieldwork in the next Canadian summer.” Full announcement: https://loom.ly/RcwD8k8 #TrinexMinerals #ASX

The upside of #petrolithium Since its inception, petrolithium has been showcased as an alternative to conventional lithium mining, which has faced greater environmental scrutiny in recent years. Touted for its minimal surface footprint, reduced carbon emissions and water recycling capabilities, petrolithium offers far-reaching benefits that are better aligned with the ultimate goals of electrification than historic mining approaches. Additionally, petrolithium unlocks vast amounts of untapped lithium in the US and Canada, lessening national dependency on foreign resources and reducing national security risks. Unlike the salt-laced playas of the Lithium Triangle of South America or the lithium-concentrated mineral veins of the Australian Outback, North America has an abundance of deep oil and gas reservoirs containing lithium-enriched brines. Although petrolithium resources have not been exploited in the past, they have long been considered. Given the rapid adoption and production of EVs and changing economics, as well as new major investments from an array of interested parties, it appears that the development of this critical resource has finally come. It will be exciting to see how it advances over the coming months and years, not only in North America but the rest of the world. Galvanic Energy https://lnkd.in/e6qqXmUc #petrolithium #exploration #oilandgas #oilandgasindustry #oilandgasexploration #northamerica #criticalrawmaterials #usa #lithium #lithiumexploration

Maximus Resources Limited (ASX:MXR, OTC:MXRRF) has expanded the drill target area at the Lefroy Lithium Project joint venture in the highly prospective Eastern Goldfields Lithium-Cesium-Tantalum (LCT) Province in Western Australia with a number of high-priority #lithium targets defined. These targets were identified on receiving assay results from the first phase of a systematic, project-wide soil geochemistry program at the US$3 million (~A$4.5 million) joint venture with South Korean Government mining corporation KOMIR. Maximus owns 100% of the Lefroy Lithium Project, with KOMIR able to farm into a stake of up to 30% by spending up to US$3 million, with Maximus retaining management of the project. More at #Proactive #ProactiveInvestors #ASX #OTC #MXR #MXRRF #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/ZNVr1058mg0

Torque Metals Ltd (ASX:TOR) continues to strengthen the critical minerals potential of the New Dawn #Lithium Project in Western Australia with all 17 holes from a reverse circulation (RC) drilling campaign intersecting vertically stacked pegmatites. Thick, continuous pegmatite lodes were intersected in the completed campaign of about 5,000 metres which aimed to test and extend the company’s maiden exploration target that was announced last week for New Dawn, which is 600 metres west of the active Bald Hill Lithium Tantalum mine of MinRes. The conceptual exploration target is 8-14 million tonnes grading 1.0-1.2% lithium oxide, which highlights the potential for continued mineralisation along the New Dawn trend and guides Torque toward an initial mineral resource estimate. More at #Proactive #ProactiveInvestors #ASX #TOR #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/AE4Q105gGMg

Piedmont Lithium Inc. (ASX:PLL, OTC:PLLTL) partner in the Ewoyaa #Lithium Project in Ghana, Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11), has uncovered multiple broad intervals of visible #spodumene outside of the current mineral resource during reverse circulation drilling at the flagship West African project. The ongoing 26,500-metre resource expansion drilling has identified its longest continuous pegmatite interval this year of 106 metres in hole GRC1020 from 6 metres at the Dog-Leg extension target on the northern tip of the Ewoyaa main deposit. Ewoyaa has a mineral resource estimate (MRE) of 35.3 million tonnes at 1.25% Li2O, of which 3.5 million tonnes at 1.37% Li2O are in the measured category, 24.5 million tonnes at 1.25% Li2O in the indicated category and 7.4 million tonnes at 1.16% Li2O in the inferred category. More at #Proactive #ProactiveInvestors #ASX #OTC #PLL #PLLTL #LithiumMining #BatteryMetals #CriticalMinerals http://ow.ly/wFS01053Vrj

Raiden Resources Limited (ASX:RDN) has secured 100% of Mt Sholl Project's mineral rights, including LCT and Ni-Cu-PGE, after acquiring Welcome Exploration's 20% stake in 12 tenements ⛏️🤝 "This transaction not only provides the Company with 100% exposure to the potential LCT mineralisation on the project, in what has become an emerging LCT district and where the Company has recently demonstrated the potential for lithium mineralisation by defining multi-kilometre lithium in soil anomalies, but also provides the Company with 100% exposure to the Mt Sholl Ni-Cu-PGE deposit" "While management has recently focused on lithium exploration throughout its portfolio in the Pilbara, we believe that the Mt Sholl Ni-Cu-PGE deposit represents significant potential to unlocking a district scale Nickel-Copper camp" "Having also secured a 100% position in the base metal rights, the Company is in a position to also consider strategic options and partnerships as a means for advancing the Mt Sholl Ni-Cu-PGE deposit," - Raiden Resources Managing Director Dusko Ljubojevic #ASX #Investing #Lithium #Mining #LCT Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/eR5ED5qj