Lithium Plus Minerals is a high impact lithium company focused on exploration and development in the Northern Territory of Australia. The Company’s flagship Bynoe Project is adjacent to Core Lithium’s (ASX: CXO) Finniss mine development and 45km south of Darwin. Located within the northern end of the Litchfield Pegmatite Belt, the region hosts multiple, significant lithium mineralisation discoveries.
High grade spodumene bearing pegmatites have been confirmed at the Bynoe Project, with historic drilling returning 12m @ 1.42% Li2O from 121m (Lei Prospect, 2017). A 10,000m RC and 1,800m diamond drilling campaign is underway at Bynoe, with targets at the Lei and Cai Prospects offering strong potential for further discovery. The Company is committed to rapid exploration and is targeting delineation of a maiden high-grade lithium resource by Q1 2023.