Castillo Copper has provided an update on their Picasso Lithium Project following the visit of a geology team.
The visit found pegmatite 10km in size that was significantly larger than prior government findings which are though to potentially be linked to lithium mineralisation.
The Picasso Lithium Project is located near Norseman in Western Australia and is diversifying Castillo’s asset base outside of their core copper projects.
There will be further investigations into the outcropping in the north-eastern quadrant of the prospect where the high-density pegmatite corridor is located.
“The geology team’s visit to the Picasso Lithium Project delivered encouraging news, confirming that a 10km zone of pegmatites is apparent in the tenure’s north-east quadrant,” said Simon Paull, Managing Director of Castillo Copper
“The Board’s preliminary conclusion, based on due diligence undertaken to date, is the Picasso Lithium Project is prospective for lithium mineralisation and delivers significant incremental exploration potential.”