The Georgetown Project covers an extensive area and a wide range of prospective lithologies including the Forsayth Supersuite of S-Type granites, White Springs Granodiorite, Einasleigh Metamorphics as well as numerous other intrusives including mapped and exposed pegmatites, volcanic and non-volcanic metasediments. The regional area of the Georgetown Project is a highly mineralised and structurally favourable system which includes numerous mineral occurrences of precious and base metals as well as occurrences of battery minerals including copper, lithium and tantalum.
Western areas of EPM 28121 are within 10km of and share similar geology to the Lithium Caesium Tantalum (LCT) occurrences including the Buchannan pegmatite hosted lithium-tantalum deposit held by Strategic Metals Australia. Metalicity regards the Georgetown Project area as fertile to produce more LCT (Lithium-Caesium-Tantalum) pegmatites prospective for lithium mineralisation. Drilling of targets undertaken in the Buchanan’s LCT pegmatite field has given average grades of 1.32 % Li2O, 250 ppm Ta2O5, 620 ppm SnO2, 0.13 % Cs2O and 0.5 % Rb2O with lithium bearing mica, lepidolite observed in core and rock chip samples .
Within the northern area of exploration permit application EPM 28121 several outcropping pegmatite dykes were mapped by the Geological Survey of Queensland from exposed outcrops with a total strike length of up to 3 kilometres. These pegmatites will be the initial investigation sites for a detailed exploration program including detailed field mapping and rock chip sampling that will assist in developing a more detailed exploration program across the total tenement area. The entire exploration permit will also undergo a full geophysical survey data review to assist in generating exploration targets.