Trieste Lithium Project

Quebec, Canada

Project Overview

James Bay Lithium District, Canada

The Trieste Lithium Project, covering ~250 km2, is strategically located along the Trieste Greenstone Belt and connected to multiple spodumene-bearing lithium projects, including Rio Tinto/Midland Exploration, Azimut Exploration/SEQUEM and Winsome Resources’ (ASX:WR1) Adina Lithium Project with a JORC Inferred Mineral Resource Estimate of 78Mt at 1.15% Li2O. In collaboration with its neighbours, Loyal Lithium plans to advance the Trieste Greenstone Belt into a premier lithium hub.

Eight lithium mineralised pegmatite dykes, notable for spodumene mega crystals, have been discovered since the summer of 2023. 

 

Loyal Lithium’s Managing Director, Mr. Adam Ritchie, commented:

“The Trieste Greenstone Belt is taking shape with regional robust projects advancing to development and infrastructure synergy potential.”

“Our collaboration MOU with Winsome Resources demonstrates our combined commitment to establishing the region as a premier Lithium hub.”

Project Insights

Geophysical Trends That Align With Drilling

Three distinct high-resistivity metasediment (META) hosted trends, validated by the correlation of known outcropping lithium (spodumene-bearing) pegmatite dykes and 41 completed drillholes, have been identified by Mobile Magnetotellurics (Mobile MTm).

Three of the eight spodumene bearing dykes have been drill tested (Dyke #01, Dyke #04, and Dyke #05) confirming world class lithium grades over thick intervals and mineralisation at each dyke from near surface, including:

  • Dyke #01 drill core assay results include 40.0m at 1.2% Li2O from 15.0m
  • Dyke #04 drill core assay results include 32.8m of 1.2% Li2O from 27.6m and 31.1m of 1.5% Li2O from 21.4m
  • Dyke #05 drill core assay results include 31.8m of 2.2% Li2O and 499ppm Ta2O5 from 2.9m and 28.6m of 1.7% Li2O and 1,050ppm Ta2O5 from 6.5m

The eight lithium pegmatite dykes mostly occur within metasediments between the Trieste Greenstone Belt and the Tilly granite in metasediments, with Dyke #07 occurring within the Trieste greenstone.

Geophysics To Guide Future Success

Additional Discoveries Likely

A comprehensive innovative geophysical survey was completed in 2024 utilising Mobile Magnetotellurics (Mobile MTm) over a 77km2 area employing sensors for in-depth analysis beyond 600 meters.

The Mobile MTm 3D model interpretations derived from geophysical resistivity inversions reveal significant inferred extensions of the seven metasediment-hosted lithium pegmatites.

 The 3D model highlights three distinct high-resistivity metasediment (META) hosted trends, META 1 (3,800m), META 2 (4,700m) and META 3 (3,000m).

 

Loyal Lithium’s Managing Director, Mr. Adam Ritchie, commented:

“The advancements made through this innovative geophysics program is truly groundbreaking.  The Loyal Lithium and Expert Geophysics teams have excelled in characterising potential lithium pegmatite extensions within the unique metasedimentary host rocks at the Trieste Lithium Project. The 3D model has provided extensive geological insights and vivid 3D images to guide our subsequent drilling programs.”