EVERGREEN LITHIUM LIMITED

EVERGREEN LITHIUM LIMITED (ASX: EG1)

The Ambient Noise Tomography (ANT) survey analysis, received for Bynoe's northern Survey Area 1, reveals multiple potential pegmatite targets which feature low seismic velocity anomalies. These sites seem to be along strike from Core Lithium’s Carlton and Hang Gong resources.
Dr. Gerrit Oliver, Fleet Space Technologies' Director of Planetary Geophysics, and Jason Ward, EverGreen Lithium's Head of Exploration, are optimistic about the survey's results. The data suggests that the ANT method is effectively suited for imaging potential pegmatites in the region given favourable noise conditions and the velocity contrast between pegmatites and host rock.
The data obtained from the ANT survey will be combined with geochemical results to guide the planning of EverGreen Lithium's maiden drilling program. Further interpretation and analysis of the ANT data in Survey Area 1 continues, along with ongoing geochemical sampling and mapping.

2023-06-28 08:53:00

Phase 2 soil geochemical results identify large-scale lithium pegmatite targets at Bynoe.
These targets are along strike from neighboring spodumene-bearing pegmatites and show lithium anomalies coincident with pathfinder elements.
EverGreen Lithium Limited is conducting further geochemical sampling and mapping to define existing and additional lithium pegmatite targets.

2023-06-01 08:23:00

Geochemical soil auger survey at Kenny Project identified Rare Earth Element targets with several Cerium and Lanthanum anomalies.
Four priority REE target zones were identified, with maximum assay results of 451ppm CeO2, 186.5ppm La2O3, and 62.4ppm Y2O3.
Further certified laboratory analysis is being undertaken to assess the full suite of REEs and assist in prioritizing drill targets.

2023-05-25 09:50:00

Five priority lithium target zones identified at Kenny Project, with Li2O assays showing values up to 250 ppm.
Geochemical anomalies indicate the potential for Lithium Caesium Tantalum (LCT) pegmatites in the area.
Further exploration activities, including a drilling program, are being planned due to promising results.

2023-05-10 08:19:00