The Lake Percy Project consists of four exploration licence in the South-Eastern Goldfields of Western Australia, located 60km east of Mt Holland/Earl Grey mining project.
Project overview
The Lake Percy Project covers the northern extension of the Lake Johnston greenstone belt and is prospective for nickel and lithium.
Spodumene bearing pegmatites identified 20km south at Mt Day prospect and more recent lithium discoveries at Medcalf (ASX:CHR) and Burmeister (ASX:TG6).
Geochemical analysis on existing trench and drill spoils indicates positive fractionation trends for LCT mineralisation.
High MgO ultramafic is positive for hosting nickel mineralisation with Maggie Hays and Emily Ann nickel mines within 30km.
Access from Perth is via the Brookton Highway from Perth east to Hyden and then via the Hyden-Norseman Road. Alternatively, access is via the sealed Great Eastern Highway to Southern Cross then south via the Marvel Loch-Forrestania Road until the road intersects the Hyden Norseman Road.
Dynamic Exploration
2024
Soil sampling completed in Q4 2024, total of 762 samples taken
Large historical lithium soil anomaly confirmed and extended:
>100ppm Li2O anomaly extends over 2.5km strike and 2km width
Peak Li2O value of 314ppm
2023
Eight nickel targets generated from historic data
First drill program designed to acquire complete geochemical dataset of fresh rock
102-hole program complete in April 2023 for 6,372m
Highlights from drilling
16m @ 1.11% Ni and 645ppm Cu
46m @ 0.7% Ni including 10m @ 1.14% Ni
Fresh rock nickel sulphide with PGEs intercepted in DYR065
Follow up RC drilling was completed in December 2023.
Subscribe to receive regular email updates and announcements
