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Published by Jane Bentham,
Editorial Assistant
Global Mining Review,
Wednesday, 01 May 2024 12:00
Errawarra Resources Ltd has entered into an agreement with Alien Metals Ltd in respect of the Pinderi Hills Project located in the West Pilbara.
The Project comprises 175 km2 of prospective ground which comprises both granted mining leases and exploration licences. The Project is located 25 km to the southwest of Errawarra’s Andover West exploration licence.Highlights:Errawarra Resources has entered into a Joint Venture (JV) agreement located within an emerging world class lithium precinct in the West Pilbara.Pinderi Hills Project is considered prospective for lithium bearing pegmatites and increases Errawarra’s landholding to 285 km2, which results in the company becoming one of the largest battery metals explorers in the region.JV area covers major ultramafic/mafic complexes which are considered prospective for lithium bearing pegmatites.Pegmatite swarm target already identified within the JV tenement package.Errawarra will earn up to 50% in the Pinderi Hills Project covering 175 km2 by spending up to AUS$4 million across two stages.Errawarra will be the manager of the JV and manage exploration activities during the earn-in phase.Executive Chairman Thomas Reddicliffe commented: “We are very excited by this new Joint Venture which makes Errawarra one of the largest exploration companies by area in the newly developing world class lithium province. The Pinderi Hills Project was highly sort after and has potential to host lithium pegmatites and is located to the southwest of Azure’s lithium project at Andover. Having identified and confirmed a large pegmatite swarm on the tenements we will be moving quickly to determine the lithium potential of these pegmatites by way of systematic mapping and sampling and we would hope this will lead to drill testing of the pegmatites that prove to be fertile.”
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