The Investor Manifesto
Advertisement
  • Business
  • Politics
  • Investing
  • Stocks
No Result
View All Result
  • Business
  • Politics
  • Investing
  • Stocks
No Result
View All Result
The Investor Manifesto
No Result
View All Result
Home Investing

Apollo Lithium Project – Summer/Fall Exploration Completed

January 4, 2024
in Investing
Apollo Lithium Project – Summer/Fall Exploration Completed
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Lithium Universe Limited (“Lithium Universe”, the “Company” or ASX: “LU7”) is pleased to announce the completion of its 2023 summer/fall exploration work programme at the Apollo Lithium Project. The Company was able to expediently complete its on-ground operations during the summer/fall season maximizing productivity. An exploration crew flew in to commence fieldwork campaign at Apollo in August and September 2023. The Company has now received all the final soil laboratory analysis and has devised a drilling strategy for 2024 along a major east-west trending fault shear corridor feature that extends from the Apollo project to Winsome Resources Limited’s Adina Lithium project to the east. Some potential targets have been generated that may be incorporated into a future maiden drilling program in 2024 (see Figure 10).

Highlights

Completion of summer/fall exploration campaignAn intensive field program comprising geological mapping and samplingFinal soil laboratory analysis receivedDrilling strategy for 2024 along a major east-west trending fault shear corridor featureFeature extends from Apollo project to Winsome Resources Limited’s Adina Lithium project to the eastPriority drill targets generated for 2024 drilling campaign

As previously referenced, the Company partnered with Laurentia Exploration Inc, (Laurentia) a highly reputable exploration company based in Québec, Canada encompassing all aspects of the exploration work, including site geological assessments, drilling operations, permitting, helicopter access, and overall logistics management. Laurentia mobilised and commenced field work on the Apollo project in August and September 2023 with personnel accommodation, lodging, and logistics seamlessly managed from Otish Camp located approximately 73 km to the southeast of the Apollo project (see Figure 1). Personnel and equipment mobilisation between Otish Camp and the Apollo Project was undertaken daily by a Bell 212 helicopter (see Figures 1 and 2) operated by Panorama Helicopters providing Heli-Supported operations. The work program was successfully completed on the 9th of September, with demobilisation occurring shortly thereafter.

Prospection, Mapping and Sampling Campaign

A highly focussed summer/fall field mapping and sampling campaign was completed concentrating on high- potential areas highlighted by previous KorrAI satellite and airborne magnetic litho-structural interpretations (Figures 3 and 4). A total of 666 km of traverses and 209 rock chip samples were collected covering a majority of the 240 km2 Apollo permit to evaluate the potential for rare element LCT pegmatite, spodumene mineralisation, and geochemical pathfinders, attempting to identify as follows:

Late-stage, large granite intrusions;Greenstone metamorphic rocks; Extensional fault structures and host rock porosity to accommodate the emplacement of late stage, LCT pegmatite dykes.

Click here for the full ASX Release

This post appeared first on investingnews.com

Previous Post

Maersk halts Red Sea shipping until further notice after Houthi militant attack

Next Post

Nuclear Fuels Announces $5 Million Bought Deal Private Placement

Next Post
Nuclear Fuels Announces $5 Million Bought Deal Private Placement

Nuclear Fuels Announces $5 Million Bought Deal Private Placement

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    The Best Five Sectors, #23

    The Best Five Sectors, #23

    June 16, 2025
    I know why the UN Security Council is irrelevant to Gaza. I was there when the US stood up for Israel

    I know why the UN Security Council is irrelevant to Gaza. I was there when the US stood up for Israel

    June 16, 2025
    US needs a new Monroe Doctrine — this time to guarantee AI dominance

    US needs a new Monroe Doctrine — this time to guarantee AI dominance

    June 16, 2025
    Right to Earn Majority Interest in Highly Prospective Chilean Copper-Gold-Molybdenite Porphyry Project and Placement to raise $2.2m

    Right to Earn Majority Interest in Highly Prospective Chilean Copper-Gold-Molybdenite Porphyry Project and Placement to raise $2.2m

    June 16, 2025
    Disclaimer: TheInvestorManifesto.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Trump’s ‘big, beautiful bill’ heads to House-wide vote after key committee victory
    Politics

    Trump’s ‘big, beautiful bill’ heads to House-wide vote after key committee victory

    May 22, 2025

    Read more

    Recent News

    The Best Five Sectors, #23

    The Best Five Sectors, #23

    June 16, 2025
    I know why the UN Security Council is irrelevant to Gaza. I was there when the US stood up for Israel

    I know why the UN Security Council is irrelevant to Gaza. I was there when the US stood up for Israel

    June 16, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 theinvestormanifesto.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • Investing
    • Stocks

    Copyright © 2025 theinvestormanifesto.com | All Rights Reserved