Developing future battery assets
High Grade Lithium up to 5% Li2O
One of Africas largest lithium resources with world record grades.
All pegmatites confirmed to contain high grade Lithium mineralisation Significant intersections of high-grade Li2O returned, confirming exceptional grades of lithium mineralisation in spodumene-rich zones continuing at depth below surface outcrops and old workings: 18BVRC003 8m @ 3.08% Li2O from 1m Incl. 5m @ 4.38% Li2O from 2m 18BVRC005* 32m @ 1.42% Li2O from 0m Incl. 12m @ 2.45% Li2O from 18m Incl. 5m @ 3.83m% Li2O from 19m Drilled pegmatite remains open along strike and at depth, with previous surface sampling revealing the Bonnyvale Prospect to cover a large area of Li2O mineralisation Surface sampling at the Loch Ness prospect has revealed two more pegmatites at Shamva containing high Li2O grades up to 4.82% Li2O
High Grade Vanadium up to 1.14% V2O5
Vanadium, Cobalt, Titanium, Iron oxides all with high grades.
All results from due diligence surface sampling received Significant high-grade V2O5 results returned, along with elevated Cu, Co, Ti2O and Fe2O3 from soil and rock samples over a 2.5km long zone of layered intrusive rocks. Numerous samples returned V2O5 levels greater than 1% Best results include: Rock Samples Soil Samples 6 out of 8 outcropping rock samples returned V2O5 results over 0.68% 55% of soil samples collected (34 out of 62) returned V2O5 results greater than 0.3% The reconnaissance sampling program has confirmed the location and improved the tenor of the mineralised body as indicated from historic work in the 1960s.
The Shamva lithium pegmatites are located from surface, this means mining will be much cheaper to commence.
Li2O, V2O5, Ti2O, Fe2O3 soils and hard rock all produced high grades from recent assays.
Confirmed at Depth
Initial drilling of the Bonnyvale Spodumene lithium target has resulted in up to 4.38% Li2O at over 10m width of pegmatite sheet.
The Shamva lithium project contains multiple pegmatite sheets at the Bonnyvale deposit and 5 lithium containing pegmatites.
The Mirrorplex project in Zimbabwe is located in Northern Zimbabwe, approximately 65km northeast of Harare covering an area of 1384.7 hectres in total. .
Zimbabwe is a landlocked country in southern Africa known for its dramatic landscape and diverse wildlife, much of it within parks, reserves and safari areas.
Shamva is a township in the province of Mashonaland Central, Zimbabwe. It is located in the Mazowe valley about 90 km north-east of Harare.