Stocks of the Hour: Lithium Plus Minerals, Blaze Minerals, Elsight
A snapshot of the stocks on the move, featuring Lithium Plus Minerals (ASX:LPM), Blaze Minerals (ASX:BLZ) and Elsight (ASX:ELS).
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Lithium Plus Minerals
Lithium Plus Minerals is a pure-play lithium company focused on the development of a number of drill sites in the Northern Territory of Australia. Lithium Plus’ tenement portfolio lies adjacent to Core Lithium’s (ASX: CXO) Finniss Project which sits in the northern end of the Litchfield Pegmatite Belt, a region that has seen significant lithium mineralisation discoveries since 2017. The total area of Lithium Plus tenure exceeds 1690km2.
Our Lithium discovery (12m @ 1.43% Li 2 O from 121m) proves high grade LiO2 host in pegmatite on Lithium Plus ground, that maintains a similar geological setting to Core Lithium. Lithium Plus has Multiple drill ready targets at Lei, Cai, SW Cai, Perseverance and Jewellers projects offering excellent exploration potential to generate new targets and new lithium hosted discoveries. Exploration for lithium is the right commodity for the world’s transition to electric vehicles.
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