The Kanuka Lithium Project

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“An exciting project comprising large land-holding with visible pegmatite across significant areas of Project area in a field proven to host large high grade ore-bodies.” - James Sullivan, Head of Exploration

 

  • 51% interest, currently being formalised.
  • Force’s 49% partner is Mining Mineral Resources SPRL (MMR).
  • Located along-strike ~5kms south of AVZ’s world-class Manono Project.
  • Project area of ~194 Km2  is currently being mined for tin and tantalum but has not had any historical lithium exploration.
  • Pegmatites observed across significant areas of Project area and are on a NE-SW trend, including one area where pegmatite exposures extend for over 3km in length and are in places in excess of 200m in width.
  • Pegmatite observed is largely what has been exposed by the current and historical mining activities. Limited investigation of non-mined areas, notwithstanding pegmatite exposures in some areas were observed
  • Assays from rock samples confirm high grade lithium mineralisation (up to 2.12% Li2O).
  • Aggressive exploration planned during CY2018.

Comprises Exploration Licence PR4100 and Mining License PE13082

  • Accessible by road and air: regular service from Lubumbashi to Manono.

  • Good infrastructure: airport, hospital, power.

  • Low Population Density: Estimated at ~30,000

  • Main Industry is Subsistence Agriculture

  • Government & Community supportive of Mining

  • Along strike from AVZ’s ‘world-class’ Manona Lithium Project, which is considered to be potentially one of the largest lithium-rich LCT) deposits in the world.

Lithium-rich LCT (lithium, caesium, tantalum) style mineralisation:

  • Historical records suggest that the pegmatite field extends over 500km from Kolwezi in the south-west to Kalemie in the north-east.
  • Force’s Kitotolo Project interpreted to overlay a large section of the pegmatite field.
  • Pegmatites in the field typically follow a NE-SW orientation.
  • Pegmatites in the region already identified to extend over several kilometres and across hundreds of metres wide.
  • Pegmatites are observed across significant areas of the Kitotolo Project Area.
 Project located ~5km south of AVZ’s ‘world-class’ “Manona” lithium project and around 500kms due north of Lubumbashi, the capital of the Katanga Province in the south of DRC

Project located ~5km south of AVZ’s ‘world-class’ “Manona” lithium project and around 500kms due north of Lubumbashi, the capital of the Katanga Province in the south of DRC


About JV Partner MMR

  • MMR is an established tin, tantalum and tungsten mining company that was incorporated in 2008 and which operates a series of exploration, mining and processing operations throughout the DRC.
  • MMR is part of the VinMetals Group, a diversified mining, metals and trading group that has operated successfully in the DRC since 1997, with existing copper cathode and copper, cobalt, tantalum, tin and tungsten concentrate production from several mines and processing plants.
  • MMR currently operates tin and tantalum mining and processing operations on part of the license areas and in conjunction with the iTRi exports ICGLR-certified tin and tantalum to international markets.
  • The Kanuka Lithium Project Joint Venture will benefit from the excellent infrastructure of MMR’s established mining operation, with power, mine camp and offices as well as its own airstrip which will accelerate exploration activities.
  • The Kanuka Lithium Project Joint Venture will also utilise MMR’s existing logistics capabilities in the region and on-site drilling equipment and mining fleet and services which are anticipated to substantially increase operating efficiencies, reduce costs and accelerate exploration and study work timeframes.

High-Grade Lithium Identified

  • In early October 2017, assay results were received for the samples taken by Mr Sullivan during the due diligence site investigation.
     
  • The assays confirmed high grade lithium mineralisation (up to 2.15% Li2O).
     
  • The rock and channel samples were largely taken from a large artisanal pit in the north of the Project area.
     
  • Pegmatite occurrences were observed several hundred metres away from the pit both to the NE and SW and will be the subject of future testing.
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Positive Due Diligence Findings

Due diligence investigation for acquisition purposes were undertaken in September 2017 and was carried out by James Sullivan, who previously oversaw AVZ’s due diligence assessment.

Mr Sullivan reported visible pegmatite mineralisation across large sections of the Project area.

“Generally the pegmatite was observed as being exposed at surface due to current and historical mining activities.”

“Pegmatite style mineralisation is extremely similar to that observed at Force’s Kitotolo and AVZ’s Manono Project and my strong recommendation is to proceed with the acquisition notwithstanding that assay results from grab samples had not been received at this time.”


High-Grade Lithium Identified

  • In early October 2017, assay results were received for the samples taken by Mr Sullivan during the due diligence site investigation.
  • The grab samples reported high grade lithium mineralisation in the pegmatite (up to 2.12% Li2O).
  • The grab samples were taken from highly weathered pegmatite exposed at surface by current and historic mining activities.
  • Mr James Sullivan commented as follows
  • The results show in a broad sense, that the lithium mineralisation identified on the Kanuka Lithium Project is observed to be preferentially hosted within a near surface and very oxidised pegmatite with an LCT affinity. The strongest mineralisation is frequently observed within or near the contacts between large quartz rich and quartz-albite zones.
  • These observations and characteristics are typical of LCT type pegmatite deposits and consistent with recent descriptions of  the Manono and Kitotolo deposits located immediately to the north.

Exploration Plan - Early 2018

  • Exploration activities of the Kanuka Lithium Project Joint Venture will initially focus on new areas on the licenses areas currently not impacted by mining and which are considered highly prospective for pegmatite hosted lithium mineralisation.

Phase 1:

  • Mapping of pegmatite exposures
  • Test-pitting and trenching to gain geological understanding of in situ pegmatites and for sampling mineralisation across the exposed and inferred strike of the pegmatite trend.

Phase 2:

  • Follow-up infill trenching to aid further geological understanding.
  • Review and overlay of geophysical data (to extent available)

Phase 3:

  • Drilling to test depth and extent of lithium mineralisation.