- QX Resources (QXR) receives further assay results from recent rock sampling at its Turner River project in Western Australia
- The results include up to 1.6 per cent lithium oxide which extends the previously identified area of interest, Carbonate Hill, beyond undercover
- The company is planning a reverse circulation (RC) drilling program in the Carbonate Hill prospect area and over two other anomalous areas at Turner River
- Shares in QX Resources are down 2.74 per cent, trading at 7.1 cents as of 11:55 am AEDT
QX Resources (QXR) has received further assay results confirming high-grade lithium from recent rock sampling at its Turner River project in Western Australia.
Best samples include two high-grade samples of 1.6 per cent and 1.1 per cent lithium oxide, extending the Carbonate Hill area undercover where previous sampling reported lepidolite 4.9 per cent lithium oxide.
With these latest results, this prospect now covers an area of 350 metres by 200 metres which now extends under cover.
“These latest high-grade assays provide greater confidence in the Turner River prospect and to fast-track a maiden drill program,” Managing Director Steve Promnitz said.
“We now have a significant area of lithium mineralisation in sparse outcrop and we interpret extensions undercover.”
A new area of interest has also been identified at Turner River, with similar elevated tin results and bleached zones as the Carbonate Hill prospect and straddles a linear feature interpreted as a potential pegmatite, although mapped as a quartz vein nearby.
The company is planning a reverse circulation (RC) drill program in the Carbonate Hill prospect area and over two other anomalous areas at Turner River.
Shares in QX Resources were down 2.74 per cent, trading at 7.1 cents as of 11:55 am AEDT.