Mt Farmer

The Mt Farmer Project is located in the Dalgaranga area, 80km NW of Mt Magnet in an area historically known for gold and tantalum. More recently the area has been highlighted for its lithium and rubidium potential. The project totals 103km² with two granted tenements totalling 44km² and a third pending grant tenement of 59km² area.

The Mt Farmer project surrounds the Niobe Rubidium-Lithium resource of 4.6Mt @ 0.17% Rb₂O and 0.07% Li₂O (refer ASX:ARN). It is also adjacent to the King Tamba Rubidium resource of 5Mt @ 0.14%Rb₂O and 0.05% Li₂O as well as a more recent discovery of lithium bearing rock chips up to 4.3% Li₂O, 1.7% Rb₂O and 0.5% Cs₂O at the Wilsons prospect  (refer ASX:KTA).

The Mt Farmer project also has potential northeast extensions to the Dalgaranga gold mine (ASX:SPR).

The Mt Farmer project comprises similar geology to neighbouring tenements with the yet to be granted tenement application having over 5kms of strike of potential greenstone host to lithium and rubidium bearing pegmatites.  The two newly granted tenements comprise Greensleeves Formation rhyolite and rhyolitic volcaniclastics and lesser ultramafic schist of the Yalgowra Suite. Intrusive lithologies comprise meta-granodiorite and meta-granitic rock of the Austin Downs Supersuite to the east and monzogranite of the Bald Rock Supersuite to the west.