Yilgarn Lithium Project, Western Australia, Australia (“YLP”)

YLP is a hard-rock lithium project located in the Yilgarn Province of Western Australia.

YLP consists of 12 Exploration Licenses covering 557 km2 (see Figure 3).

The YLP Exploration Licenses are located over extensions of known lithium-fertile belts, within covered areas of Archean Yilgarn Craton and hold the potential for hard-rock spodumene (lithium mineral) bearing pegmatite mineralization, similar to that found at Greenbushes and Mt Marion.

Spodumene-bearing pegmatite deposits, which have been discovered in the Yilgarn Craton, lie within exposed lithium-fertile “belts”. Geophysics and geological mapping indicate that these belts also trend “undercover” into areas where older host basement rocks are covered by younger rocks and recent sediments.

Most of the Exploration Licenses are 150km west of Kalgoorlie and 30km to 120km NE of Norseman.


YLP Exploration Licenses



Land Management

YLP consists of 8 granted Exploration Licenses and 4 pending Exploration License Applications (see Figure 4).

License No. Name Granted Area (km2)

E 28/2632

Snomys
12-Jun-17
38

E 15/1542

Nawoc
12-Jun-17
29

E 69/3455

Esmond
12-Jun-17
52

E 28/2631

Junction
12-Jun-17
47

E 63/1813

Ten Mile
12-Jun-17

44

E 77/2384

Windarling
Pending
42

E 63/1814

Bedonia
12-Jun-17
23

E 63/1815

Carranning
Pending
35

E 28/2651

Cool
12-Jun-17
41

E 63/1826

Dundas
12-Jun-17
93

E 63/1862

TenMileSth
Pending
49

E 15/1616

Wanoc
Pending
64


E15/1616 (Wanoc) and E63/1862 (Ten Mile South) need to be processed through the Native Title Act future act process. It is expected that a heritage agreement will be negotiated with the Ngadju Native Title claimants to clear the native title process.

E 77/2384 (Windarling) and E 63/1815 (Caranning), overlap conservation reserves and have been referred to the Department of Biodiversity, Conservation and Attractions for the Minister’s comment and recommendations.

We have executed an Agreement for Heritage Protection Over Mining Tenure with the Ngadju Native Title Aboriginal Corporation RNTBC for 9 of our Exploration Licenses.

The process for heritage protection agreement(s) over E15/1616 and E63/1862 is pending.

E77/2384 (Windarling) needs to be processed through the Native Title Act future act process. There is currently no overlapping native title claim and if no claim is lodged prior to grant it is expected that there will be no heritage agreement in relation to this tenement.


Exploration

LCME has contracted Newexco, an award-winning WA based geological and geophysical group, to execute the exploration program.

Newexco has reviewed historical open file exploration data in the granted license areas. This work has identified reconnaissance gold and nickel exploration drill holes and soil sampling in the license areas (see Figure 5).

Detailed open-file airborne geophysical data was also acquired and processed for exploration planning and drill targeting (see Figure 5).

A field reconnaissance trip has been completed to assess conditions for drilling, surface geochemical sampling and for where possible, the sampling of sub-cropping geology and historical drill spoil.

The next steps in the exploration program will include:

  • aircore drilling across the defined lithium-fertile zones; and
  • surface heavy mineral sampling (where possible).

There will also be a detailed airborne magnetic survey over the remote E69/3455 (Esmond) license where there is no open-file data and where the current magnetic data is too coarse for exploration planning.


Open-file data over the Norseman area Exploration Licenses


Source: West Resources Pty Ltd