Peregrine Gold Limited (ASX: PGD) has sighted anomalous lithium, tantalum and niobium reported during a reconnaissance stream sediment sampling programme at its Pilgangoora North Lithium Project (E45/5775) in Western Australia.
“Our first comprehensive stream sediment sampling programme has returned a number of encouraging Li, Ta, Nb and Au anomalies,” Technical Director, George Merhi, said.
A recently completed rock sampling programme to follow up these results revealed extensive exposures of pegmatites not previously mapped. In light of these findings, we plan to aggressively explore the project over the coming field season.”
The most recent sampling programme comprised a comprehensive stream sediment and limited rock sampling programme. A total of 68 streams)were sampled for 136 samples as well as seven rock samples. A limited stream sediment and rock sampling programme was initially completed in March 2022. At each stream sediment site, a fine fraction (-2mm) and coarse fraction (-5mm+2mm) sample was sieved on site with each sample weighing approximately 3-4 kg and 3 kg respectively. At each stream site a 12kg-15 kg sample of fine fraction material was also collected for panning. Rock samples were collected comprising predominately pegmatitic material each weighing 10kg-15 kg.
The stream sediment sampling programme has returned anomalous Li, Ta, Nb and Cs in numerous catchments within the project area. Of significance, several anomalous catchments have been identified with no reported pegmatite outcrop and no reported historical rock sampling.
This most recent programme was a follow up to a limited reconnaissance stream sediment and rock sampling programme reported in March 2022 which also returned anomalous lithium, tantalum and gold.
A follow-up rock sampling programme comprising 200 samples has been completed, specifically within the anomalous catchments, with results expected February 2023.
The stream sediment sampling programme also returned widespread gold anomalism. Several gold occurrences are reported on published geological maps although the recent sampling programme has highlighted far more extensive gold anomalism within the tenement.
Next Steps
• Subject to rock sampling results additional sampling is planned;
• Additional stream sediment sampling to test for additional pegmatitic and gold targets;
• Soil sampling in the eastern area to better define gold targets for drilling
• Geological mapping of pegmatitic outcrops, including newly discovered exposures; and
• Drill testing of pegmatite and gold targets, subject to results.
For further information please visit: https://peregrinegold.com.au/
