Fieldwork Commences at Gascoyne Lithium Project
Perth, Mar 2, 2017 AEST (ABN Newswire) - Segue Resources Limited (
ASX:SEG) (SGRSF:OTCMKTS) (Segue or the Company) is pleased to announce that it has commenced a surface geochemical survey at the Gascoyne Lithium Project (Figures 1 & 2, see link below) to follow up on high priority LCT (lithium-caesium-tantalum) pegmatite prospects identified in the previous project-wide stream sediment programme (refer to ASX release 19th December 2016).
Segue has commenced a detailed surface geochemistry survey over the high priority Reid Well pegmatite prospect and will carry out additional sampling at other priority targets areas. The program at Reid Well will consist of close spaced soil sampling and systematic rock chipping of outcropping pegmatites. The fieldwork is expected to be completed by mid-March 2017 with results expected by the end of March.
The aim of the programme is to delineate LCT pegmatite targets at Reid Well for drill testing once the tenements are granted.
Previous work undertaken by Segue has successfully identified highly fertile and fractionated granites (Thirty Three Supersuite) and identified five prospects with LCT pathfinder element anomalism in the correct geological setting (Figure 3, see link below).
The high priority Reid Well prospect is a 10km2, multipoint anomaly hosted in sediments within 3km of a fertile and fractionated granite of the Thirty Three Supersuite. This anomaly shows zonation from a caesium outer halo to an inner core of Li-Cs-Ta +/-Nb-Be-Rb. The geological setting of this anomaly within 3km of the potential source intrusion is highly significant and consistent with major lithium deposits, such as Pilgangoora in Western Australia and Tanco, Mavis Lake and Raleigh Lake in Canada.
To view the full release including tables and figures, please visit:
http://abnnewswire.net/lnk/2KV0DHLO
Contact
Mr Steven Michael
Managing Director
T: +61-8-9383-3330
E: info@segueresources.com
www.segueresources.com
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