Lithium Power International (ASX:LPI) - CEO, Cristóbal Garcia Huidobro
CEO, Cristóbal Garcia Huidobro
Source: Lithium Power International
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Lithium Power International (LPI) made advancements at multiple Western Australia-based lithium projects and prospects
  • LPI has completed a high-definition drone magnetic survey at its southwest Blackwood prospect over a structural anomaly on the Donnybrook-Bridgetown shear zone
  • Drill pads have been prepared for mid-January to test the arsenic, lithium, beryllium, tantalum, and tin anomaly at the East Kirup Prospect that was identified in previous tests
  • At its northern WA Pilgangoora tenements, 544 soil samples have been completed and results are due in roughly six weeks
  • Lithium Power shares have opened the day down 3 per cent and were trading at 48.5 cents a share

Lithium Power International (LPI) has made advancements at multiple Western Australia-based lithium projects and prospects.

LPI has completed a high-definition drone magnetic survey at its southwest Blackwood prospect over a structural anomaly on the Donnybrook-Bridgetown shear zone, along strike from the renowned Greenbushes lithium pegmatite deposit.

It has also commenced soil sampling and concluded the first phase of flora assessment, while the second phase will be completed in March.

Once results from this series of tests have been received, an infill drilling program will begin.

Drilling at the East Kirkup Prospect in the Greenbushes was previously delayed from mid-December when the contractor reached capacity.

Drill pads have been prepared for mid-January to test the arsenic, lithium, beryllium, tantalum, and tin anomaly that was identified in previous tests.

At its northern WA Pilgangoora tenements, 544 soil samples have been completed. Results are due in roughly six weeks.

“Activities on all projects and prospects are advancing well, and we aim to make drilling results known once they come to hand,” Chief Executive Officer, Cristobal Garcia-Huidobro said.

Lithium Power shares have opened the day down 3 per cent and were trading at 48.5 cents a share at 11:17 am AEDT.

LPI by the numbers
More From The Market Herald
Auris Minerals (ASX:AUR) - Managing Director, Mike Hendriks

" Auris Minerals (AXS:AUR) probes for extensions to high-grade gold hits at Feather Cap

Auris Minerals (ASX:AUR) intersects "encouraging" zones of quartz veining and alteration from reverse circulation drilling at the…

" Cann Group (ASX:CAN) granted GMP licence by TGA

Cann Group (ASX:CAN) receives a GMP licence from the Therapeutic Goods Administration (TGA) to manufacture therapeutic…

" EcoGraf (ASX:EGR) successfully produces first GreenRECARB products

EcoGraf (ASX:EGR) successfully produces the first GreenRECARB products as part of the company's development program for…
Sunshine Gold (ASX:SHN) - Managing Director, Damien Keys

" Sunshine Gold (ASX:SHN) encounters elevated REEs at Elphinstone Creek

Sunshine Gold (ASX:SHN) has encountered elevated rare earth elements (REEs) from recent soil sampling at the…