Australian Company Begins First Phase Morabisi Lithium Project In Guyana

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Greenpower Energy has commenced phase 1 work this week at the Morabisi lithium/tantalum project in Guyana.

Phase 1 will focus on mapping and sampling historically reported spodumene occurrences in the southern margin of the Morabisi Batholith. The first phase will also revisit historical mining camps in the Robello and Rumong-Rumong rivers, where coltan (niobium and tantalum) production has been undertaken in the past from alluvial deposits.

The Morabisi Project is located in the rich mineral belt of Central Guyana approximately 150km SW of Georgetown. The Morabisi Project Area covers 950,000 acres and is conveniently serviced by existing road and power facilities in addition to a number of local service towns within the Project area.

The program duration is expected to extend over the coming weeks, and the Company is aiming to provide on-going updates to the market though this period. The program will also be managed in conjunction with the team from Guyana Strategic Metals Inc.

Work on the Morabisi Project has seen extensive sampling confirming high levels of Tantalum in addition to geochemistry results confirming accessary minerals consistent with LCT type Pegmatites with strong Rb, Cs, Be and Ta anomalies. Encouragingly, Spodumene has been identified in outcrop within a quartz-microcline-tourmaline zone and on-trend with mapped LCT type Pegmatite veins/ring dykes identified on margin of batholith with over 40 km of combined strike length. The vast areas adjacent to the identified ring dykes are also expected to host additional Li-Ta pegmatites and remain unexplored. The compilation of historic data confirms that the Morabisi Project area hosts the rocks that could allow it to rival the Pilbara Pilgangoora hotzone.