Debut drilling by Scorpion Minerals outlines fresh lithium targets at Poona East

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Maiden drilling at Scorpion Minerals’ Poona East prospect intersects LCT pegmatites
A total of 7 RC holes were carried out while field reconnaissance finds additional pegmatites south of Mt Mulcahy deposit
A heritage survey is planned while upcoming exploration includes geological mapping, soil geochemistry and RC/diamond drilling

 

Special Report:  Lithium-focused reverse circulation (RC) drilling at Poona East, within the broader Pharos project, has uncovered several LCT pegmatite intervals laying the groundwork for upcoming exploration endeavours.

Scorpion Minerals’ (ASX:SCN) Pharos project, about 60km northwest of Cue in the WA’s Murchison mineral field, covers some 1,295km2 of ground and holds potential for lithium-PGE-nickel-copper-gold mineralisation.

It contains the Mt Mulcahy deposit, which features a zone of mineralisation called the ‘South Limb Pod’ where a measured, indicated, and inferred resource of 647,000 tonnes at 2.4% copper, 1.8% zinc, 0.1% cobalt and 20g/t silver currently stands.

In recent times, SCN has been targeting outcropping LCT pegmatites at Poona East where historical surface sampling returned values up 2.99% at Li2O and where geological mapping confirmed stacked pegmatites up to 1km long.

 

Pegmatites found along prospective granite contact

A seven-hole maiden RC drilling program has intersected highly fractionated LCT pegmatites up to 1.8% Li20 as well as 725ppm tantalum, 22ppm niobium, 1518ppm caesium and 7,081ppm rubidium.

The program, designed to test stratigraphy and structural orientation, also encountered two generations of pegmatite – one being highly fractionated complex LCT pegmatite and the other consisting of unmineralised quartz-feldspar pegmatites.

SCN says the complex pegmatites were intersected in three holes and dip steeply south, intersecting significant thickness of highly fractionated LCT pegmatite enriched in lithium, caesium, tantalum, niobium and rubidium.

Meanwhile, the simple pegmatites were also intersected in three holes but were unmineralised.

Field reconnaissance south of Mt Mulcahy at the eastern end of the corridor identified pegmatite and associated quartz-tourmaline veining adjacent to the prospective contact.

SCN collected rock chip samples and assays are pending.

 

Steady stream of news flow to come

“The latest round of RC drilling was designed to improve our technical understanding of key target areas,” SCN CEO Michael Fotios says.

“We have also intersected several encouraging LCT pegmatite intervals which will form an important focus of our upcoming drilling and exploration campaigns.

“Scorpion continues to build an exciting lithium footprint in the Murchison region of WA, and we look forward to reporting a steady stream of news flow over the coming months.”

 

 

This article was developed in collaboration with Scorpion Minerals, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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