Perth, WA — Pinnacle Minerals Ltd. (ASX: PIM) ("Pinnacle" or "the Company"), a leading technology minerals company, is pleased to announce the successful completion of the Light Detection and Ranging (LIDAR) and orthophoto survey at the Adina East Lithium Project, located in the prolific James Bay region of Quebec. This crucial step marks a significant milestone in the 2024 exploration program, which is progressing as planned.
The LIDAR survey, conducted over the entire project area, along with high-resolution orthophotos, has enabled the creation of a detailed digital elevation model. This model is instrumental in identifying potential pegmatite outcrops, which are often indicative of lithium deposits. The accurate mapping of these outcrops allows for direct, targeted exploration efforts, significantly reducing the time and capital typically required for early-stage explorations.
Pinnacle Minerals Managing Director, Nic Matich, commented:
“The Pinnacle team has kept to the timeline outlined in the 2024 exploration plan announced on the 10th of April 2024. The LIDAR and orthophoto survey will serve to optimise the identification of potential pegmatite outcrops. The benefit of undertaking this program is a reduction in exploration capital required to further progress the project”.
Upcoming Exploration Phases
Following the survey, the next steps for the Adina East project will include field mapping and rock chipping in Q3 2024, followed by trenching and potential diamond drilling of identified lithium targets in Q4 2024. These activities are aimed at verifying the presence of spodumene-bearing pegmatites, a vital component in lithium battery production.
About us:
Pinnacle Minerals Ltd (ASX:PIM) is an ASX listed technology minerals company focused on delivering shareholder value via the systematic exploration and development of its portfolio of battery and technology metals projects in Canada, Western Australia and South Australia. Pinnacle aims to deliver exploration success via systematic and geologically rigorous techniques. The Company’s focus is the “Adina East Project” in James Bay, Quebec which is proximal to the world class Adina Lithium Project (Winsome Resources: ASX:WR1) and adjacent to the Trieste Lithium Project (Loyal Lithium: ASX:LLI) and the Tilly Lithium Project (ASX:WR1). The Company’s Australian exploration assets are prospective for Uranium, Rare Earth Elements and Heavy Mineral Sands.
Contact details:
Jane Morgan