Latest News

Split Rocks Lithium Update
Exploration Update
17 April 2018
Split Rocks Drilling Intersects Co-Ni-Au & Li
Exploration Update
12 April 2018
ZNC Presentation - Master Investor London
Investor Presentation
19 March 2018

BURRO CREEK LITHIUM CLAY PROJECT - ARIZONA USA (Zenith 45%, subject to JV partner meeting funding obligations)

 

 

 

The Burro Creek lithium clay project located in central western Arizona, USA within an active mining district, Freeport McMoRan’s operating Bagdad porphyry copper mine is located 10km from the Burro Creek project.

 

Surface sampling by the Company of the lithium clay exposures (ASX releases 10th November 2016 & 13th January 2017) returned results up to 33.6m @ 980ppm Li whilst grab samples of relict drill spoil from shallow holes completed during a small, historical program to test the clay for industrial purposes returned results including: 1650ppm Li and 1290ppm Li (Figure 1).  The lithium bearing clay zone is a near surface, flat lying horizon, with a true thickness greater than 30 metres, indicating excellent potential for large tonnages of lithium bearing clay within the Burro Creek project.

 
 

Figure 1. Burro Creek Sample Location and Results Map

(Enlargement - East Burro Creek Sample Results)

 

The lithium bearing clay zone is a near surface, flat lying horizon extending over 1700m by 1000m within the eastern project leases and a further 800m by 600m within the western lease areas.  Observations from mapping and sampling programs indicate that the clay horizon generally has a true thickness greater than 30 m where it is exposed in gullies within gently undulating, poorly vegetated hills that comprise the eastern project area.  Previous drilling to test the clay quality for industrial uses intersected clay units over thicknesses up to 20m in the western half of the project area, notwithstanding that drilling did not penetrate the full thickness of those clay beds which are up to 50 m thick in outcrop in the eastern area. The Company therefore concludes that there is excellent potential for large tonnages of lithium bearing clay within the Burro Creek project.  Trench and resource drilling, bulk sampling and metallurgical testwork is planned.