The Preissac-Lacorne Lithium Portfolio consists of claim groups situated within the La Motte, La Corne, Preissac, Figuery and Landrienne townships. The four properties, containing numerous showings mineralized in Li (spodumene) ±Ta (tantalite) ±Be (beryl), have been investigated sporadically by junior mining companies with various geophysical, geochemical and geological tools from the early 1950’s until the present day.
Historical resources at Jackpot, on just the Dyke No. 2 pegmatite zone, was reported as 2Mt @ 1.09 Li2O estimated in 1956. The No. 2 pegmatite dyke was intersected at intervals of 30 to 100 meters over a strike length of 215 meters and at intervals of 30-60 meters over a distance of 365 meters across strike.
Alix with Lithium Australia NL (ASX:LIT) will jointly explore and develop the Electra lithium project in Sonora, Mexico. Alix and Lithium Australia will also work to define a percentage interest whereby Alix will share an interest in successful lithium extraction from clay technology patents arising from the joint efforts in Mexico.