The Pilgangoora Northeast Project (E45/4630 & E45/4684) covers over 350 km2 and is located 72 km to the southeast of Port Headland in the Pilbara region and lies to the northeast of Pilbara Minerals’ Pilgangoora Lithium project which hosts a substantial lithium-tantalum resource .
Location of VMC Pilgangoora NE (E45/4630 & E45/4684) and Wodgina South (E45/4627& P45/3004) Tenements
Recent reconnaissance mapping by Venus, through the Pilgangoora project area, shows the presence of extensive granitic and pegmatitic stratigraphy, in particular two large target areas in the vicinity of McPhees Range. These target areas show strong similarities to the lithium mineralisation at Lynas Find, to the northwest of the target area.
The exploration licence E45/4684 covers an area of substantial pegmatite swarms (Figure 2) (refer ASX Release 21 January 2016), the host rock for lithium-tantalum mineralisation in the region.
Interpretation of regional geophysical data (aeromagnetic & radiometric) over Pilgangoora East has identified a number of potassic-rich, pegmatite target areas. A significant potassic-rich trend, identified from radiometric data covering Pilgangoora East (E45/4630), has an identical signature to the Lithium-Tantalum bearing pegmatites held by Pilbara Minerals and other explorers in the region (Figure 3) (refer ASX Release: 26 June 2017).