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- Kalamazoo Resources (KZR) has acquired the Pear Creek lithium project which is located in WA’s Pilbara region
- KZR’s newest acquisition is close to its wholly-owned DOM’s Hill and Marble Bar projects and nearly doubles its tenure in the prospective region to 348 square kilometres
- Pear Creek contains an estimated 25-kilometre strike of prospective Archaean granite-greenstone, considered prospective for lithium-caesium-tantalum (LCT) mineralisation
- The project has seen little to no modern LCT exploration and will therefore be a large focus for the company in its upcoming field season
- Kalamazoo shares have risen 8.82 per cent and traded 37 cents a share
Kalamazoo Resources (KZR) has acquired the east Pilbara-based Pear Creek lithium project.
KZR’s newest acquisition is close to its wholly-owned DOM’s Hill and Marble Bar projects therefore nearly doubling the company’s tenure in the prospective region to 348 square kilometres.
The new project comprises three exploration licences and covers 147 square kilometres of land which places it nearby to the world class Pilgangoora and Wodgina lithium deposits.
Pear Creek contains an estimated 25-kilometre strike of prospective Archaean granite-greenstone, also known as a ‘Goldilocks Zone’ which houses lithium, caesium and tantalum (LCT) mineralisation within the pegmatite.
The project has seen little to no modern LCT exploration and will therefore be a large focus for the company in its upcoming field season.
“Kalamazoo has unfinished business at Pear Creek, having previously explored there in 2013 for a few years, whilst searching for gold. Of course, at that time, there was little interest in lithium exploration, so it was not on our radar,” CEO Luke Reinehr said.
“Our teams’ excellent soil geochemistry surveys and pegmatite dyke mapping over the last few months at the DOM’s Hill and Marble Bar Lithium Projects, provides us with confidence in exploring for LCT pegmatite mineralisation in the immediate area, so leading us back to Pear Creek.
“Combining the Pear Creek Lithium Project with our highly prospective existing tenure is an important component of our strategy to discover long-life, large scale lithium deposits in the Pilbara, which complements our major gold exploration activities in the area.”
Kalamazoo shares have risen 8.82 per cent and traded 37 cents a share at 2:07 pm AEDT.
