PROJECT

Phillips River Lithium Project

Ravensthorpe, Western Australia

OVERVIEW

Summit completed a high-resolution aeromagnetic survey over the Phillips River Project located near Ravensthorpe, WA, in early 2023. MagSpec is collecting aeromagnetic and radiometric data over similar rocks to Allkem’s (ASX: AKE) nearby Mt Cattlin lithium operations.  The survey will provide Summit with detailed aeromagnetic data over the Annabelle Volcanics and the Manyutup Tonalite, refining potential for Li, REE, and copper-gold targets and future drilling programs. 

The survey will assist in delineating the key mineralised orientations and extent of the target host lithologies and will guide near-term exploration and potential future drilling.

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PROJECT HIGHLIGHTS

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Strategically located ~2.5km East of Bulletin Resources’ (ASX:BNR) Phillips River South project with numerous rock chip results exceeding exceeding 2% Li2O(1,2)

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High-resolution aeromagnetic survey completed in early 2023

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Progressing towards auger and RAB drilling on for the 1H 2024