Javelin Minerals is currently conducting a round of soil sampling in its Mount Ida Valley project near Leonora, Western Australia.
English author: Matt Birney
Australians is preparing to develop lithium and rare earth resources in the Mt Ida-Ida Valley project, 60 kilometers west of Leoora, Western Australia. The project has set 48 priority targets. Exploration activities are scheduled to begin in mid-November, and drilling for the first half of 2023 is also on the agenda.
The company's goal is to determine based on recently obtained aerial magnetic and radiation measurement data, with the region's multi-elemental mineralization potential under microscopic observations from other primary exploration companies.
Sand Ida Valley project is composed of 18 exploration permits and applications, covering 2,210 square kilometers of vast land in the high-yield gold mine area of Western Australia. Most of the project is covered by soil, with less than 5% of the visible basal rock system exposed. The prospector said it had observed a large number of exposed pegmatite in three mining areas, which deserves further follow-up. It is worth noting that one of the mining areas is adjacent to the Mt Ida lithium project of Red Dirt Metals, a listed company on Australian Stock Exchange, which discovered high-quality lithium at the end of 2021. This breakthrough has spawned one of the fastest-growing provinces in the country's lithium industry.
Zenith Minerals, St George Mining, and even Gina Reinhardt’s Hancock Exploration Company are interested in the area. St George recently reported that rock fragments had as much lithium oxide content as 2.7% in its Mt Alexander project. The project is just 17 km west of a newly discovered pegmatite apartment in Javelin.
Although our new Javelin Mt Ida‐Ida Valley project...is still in its early stages, we have some excellent geophysical goals to follow up on the exploration of lithium, REE and precious metals and base metals in the coming month.
— Matthew Blake
Javelin Minerals Executive Director, plans to complete the ongoing “directed” soil sampling project before launching major exploration efforts in November. Directional procedures will determine the optimal soil sampling method before geochemical work.
It is worth noting that Javelin also collected a large number of samples of rare earth resources in kimberlite. Kimberlite was discovered by De Beers in the 1990s while searching for diamonds, but they were not tested for rare earths.
As more than two-thirds of the preliminary sampling procedures are completed and submitted to the lab, Javelin is expected to return results by the end of December or January 2023.
In the wider Leonora area, the company's soil has as much lithium content as 30 parts per million. While the past results are encouraging, the ball is now entirely on Javelin’s court, and samples that have been submitted to the lab will undoubtedly be highly anticipated by the market.