7th Aug 2018 13:11
LONDON (Alliance News) - IronRidge Resources Ltd said Tuesday it has identified a high-priority lithium pegmatite target at the Apam West licence in Ghana.
IronRidge discovered a lithium soil anomaly using mapped pegmatites and an airborne geophysical radiometrics anomaly.
The miner collected 2,745 soil samples and found lithium levels greater than 500 parts per million and up to 2,500 parts per million lithium in soils.
Parts per million indicates how much of something is present in a sample - 2,500 parts per million would mean there are 2,500 lithium particles per 1 million particles.
The lithium soil anomaly defined over a 1.8 kilometre strike within Apam West is part of the company's broader Cape Coast lithium portfolio.
Chief Geologist Len Kolff said: "The laser induced breakdown spectroscopy analyser combined with Reflex Hydraulic PRESS sample preparation tools are delivering additional high-priority lithium pegmatite targets alongside field mapping and geophysical datasets, throughout our portfolio in Ghana in a cost effective and efficient manner."
"The reflex hydraulic PRESS and laser induced breakdown spectroscopy are based at our Mankessim field office in a dedicated laboratory running day and night shifts with locally trained technicians," he added.
"We have collected in excess of 12,460 soil samples to date across our Ghana lithium portfolio, in addition to processing soil samples at the same facility collected from the Adzope lithium project in Ivory Coast and we will update the market on completion of the programmes over each license."
Shares in IronRidge were up 3.8% Tuesday at 21.80 pence each.
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