HIRU Mining

Austria Projects

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  • High-grade lithium assays up to 24 % Li2O returned from rock chip samples taken during sampling programmes at three selected Austrian Lithium Projects
  • The Projects are located within the Eastern Alps, close to European Lithium’s Wolfsberg Project, which has a JORC-compliant Total Mineral Resource Estimate of 12.9 Mt @ 1.00 % Li2O.
  • Mine has been identified as a high priority drilling target, based upon lithium outcrops over a 4 kilometre strike length.
  • The Company’s Resources GmbH has applied for and secured, 33 new licences covering an additional 90 km2 at the Austrian projects.

The deposit model currently being evaluated is a spodumene–bearing deposit with a relatively high lithium content. It is based on European Lithium´s deposit, which is located in close proximity and has a published JORC-compliant mineral resource of 12.9 million tonnes grading 1.0 % Li2O.  The main difference between our and the other spodumene pegmatite occurrences is the lack of amphibolite-hosted pegmatites at the other sites. 

The Company’s technical consultant collected 39 rock chip samples from numerous outcropping pegmatites. Pegmatite outcrop sample results returned high-grade Li2O values with a highest value returning 3.24 % Li2O and an average value over mineralised samples (samples with grades < 0.1 % Li2O excluded) being 1.65 % Li2O