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A lithium mining entity, Li3 Lithium Corp. involved in prospecting globally strategic lithium mineral, has announced significant progress in its ongoing exploration program at the Mutare Lithium Project. The company has discovered lithium deposits spanning over a 1.2-kilometre area at the Nels Luck pegmatite target, indicating the presence of significant lithium resources in that specific location.
Li3 Lithium holds a 50 percent ownership interest in the project, with the remaining 50 percent owned by Premier African Minerals Limited, which operates the Zulu Lithium and Tantalum Mine in Zimbabwe.
The analysis of samples taken from 842 channel samples collected from trenches during the initial phase of the 2023 exploration program to determine the quantity and quality of minerals present suggest presence of the mineral. The samples were sent for analysis in June and July. François Auclair, the CEO and president of Li3 Lithium, expressed optimism about the results, stating that the trenching program confirmed substantial lithium mineralization at the Mutare Lithium Project. Auclair said:
<blockquote>
The trenching program conducted by Li3 Lithium has confirmed wide, well-developed pegmatite lithium mineralization at the Mutare Lithium Project, which remains open at depth and along strike.
Initial assay results from the first-half of the 2023 trenching and surface sampling programs are promising given that the Nels Luck area of the Mutare Lithium Project is just 15km from the world-class Sabi Star Lithium Tantalum Mine.
A phase one diamond drilling program, up to 5,000 meters targeting the Nels Luck area, is scheduled to commence in the coming weeks as we begin to define the grade, thickness, and spatial continuity of the pegmatite trends.
</blockquote>
A phase one diamond drilling program is scheduled to commence in the near future to further evaluate the pegmatite trends.
The Mutare Lithium Project, situated in eastern Zimbabwe’s Mutare Greenstone Belt, is adjacent to the Sabi Star Lithium Tantalum Mine. The area is considered highly prospective for lithium-caesium-tantalum pegmatites. Zimbabwe possesses abundant lithium reserves and ranks sixth in the world, prompting the government to address smuggling issues that have resulted in significant lost mining earnings. Various lithium players, including Arcadia Mine, Zulu Lithium Mine, Bikita Minerals, and the upcoming Kamativi Mine, operate within Zimbabwe.
<h3><a href="https://www.pindula.co.zw/">More Pindula News</a></h3>

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Li3 Lithium Corp Discovers Significant Lithium Deposits At Mutare Lithium Project

Li3 Lithium Corp., a Canada-based miner, has increased its interest in the <a href="https://www.pindula.co.zw/Mutare/">Mutare</a> Lithium project in eastern Zimbabwe to 50%. Li3 Lithium has taken over the operatorship and management of the exploration program at the project, following its assumed 100% control of Li3 Resources, which had a 50% interest in the Mutare project. Premier Africa Minerals controls the remaining balance.
François Auclair, CEO of Li3 Lithium, has visited the Mutare project twice since February and believes it has excellent potential for large-scale lithium mineralization.
Li3 Lithium has mobilized a full exploration team to conduct an aggressive exploration program on the Mutare project. The company is focused on acquiring and developing hard rock lithium assets in Zimbabwe, where the founders have significant experience and relationships. Auclair said in a company statement:
<blockquote>
There are numerous spodumene-rich pegmatites visible at surface and the project is adjacent to the large-scale Sabi Star Lithium Mine which recently commenced production,” he said in a company statement.
Li3 Lithium is confident about the presence of lithium but what remains to be determined are its tonnage, grade and mineralogy.
For this reason, we have mobilised a full exploration team. An aggressive exploration program on the Mutare Project is now underway with initial results expected in the coming weeks and months.
As evidenced by recent market growth, hard rock lithium deposits are forecast to continue to dominate the global supply of lithium given the scarcity, complexity and capital-intensive nature of alternative brine sources.
</blockquote>
Zimbabwe, estimated to hold Africa’s largest lithium resources and the fifth-largest globally, is rapidly emerging as an important player within the lithium supply chain. Major Chinese battery metals companies have committed approximately US$1.4 billion to acquire and develop lithium projects in Zimbabwe over the past year.
In November 2021, Chengxin Lithium Group acquired 51% ownership in Sabi Star Lithium Tantalum Mine for $76.5 million, increasing the company’s presence in the lithium industry and expanding its operations in Zimbabwe.
<h2><a href="https://www.pindula.co.zw/">More Pindula News</a></h2>

Li3 Lithium Based In Canada Increases Interest In Mutare Lithium Project To 50%

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