Scorpion Minerals: Extends lithium corridor to 50kms at Pharos

Scorpion Minerals Extends lithium corridor to 50kms at Pharos

  • An ongoing technical review highlights strong lithium potential and extends the zone of pegmatite intrusion at Scorpion Minerals’ (SCN) Pharos project located 60km northwest of Cue in Western Australia
  • The interpreted LCT pegmatite emplacement zone (PEZ) has been extended east of the recently acquired Poona Prospect into the Jacksons Reward Prospect area
  • Pegmatites mapped to date remain untested by drilling and spodume ne has been identified in outcrop at the Jacksons Reward Prospect
  • Significant targets relating to rock chip and soil anomalies remain to be followed up by reverse circulation drilling after relevant approvals are gained.
  • Shares in SCN are trading 7.35 per cent higher at 7.3 cents at market close
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

WealthCom Secures $65M Funding Boost for Expansion

The investment aims to enhance service offerings and accelerate growth.Highlights: WealthCom raises $65 million in Series B funding.New...

Financial Health Tools Could Unlock $5B in SME Lending

CFIT report highlights the potential of financial hygiene tools for small businesses.Highlights: CFIT report suggests financial health tools...

Coinbase Strengthens UK Crypto Borrowing Options for Customers

Users can now borrow against their cryptocurrency holdings in the UK.Highlights: Coinbase now allows UK customers to borrow...

Chase UK Appoints Monzo’s Malani as CEO, Strengthening Leadership Team

Former Monzo executive will lead Chase UK's growth strategy.Highlights: Chase UK appoints Monzo veteran Malani as CEO.This move...