Key Notes About Augustus Lithium Property Highlights of the Augustus Lithium Property include:
Geologically similar to Sayona Mining’s Authier Lithium project and Mine Quebec Lithium project located 6-12 km away.
Documented historical drilling over 10,000m in 62 drill holes, worth over $2 million in present day exploration expenditures.
Two prominent lithium and one silver prospects located on the property.
A potential high grade lithium resource target of 4 million tonnes at 1% lithium oxide (Li2O).
Potential for large volume low grade bulk tonnage near surface.
Two phase exploration work program includes: data compilation, geological mapping, trenching and sampling in Phase 1 (estimated cost $191,418) and diamond drilling, metallurgical testing and resource estimation in Phase 2 (estimated cost $1,166,963).
14,367.71 hectares . It is equipped with excellent infrastructure support, including a road network, railway, electricity, water and trained manpower available locally.
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