* Acquisition of the Cyclone Lithium Project by the Company is subject to shareholder approval. For further information see ASX release dated 17 February 2023.
The Cyclone Project is within the La Grande Sub province, a subdivision of the Superior Province. Within the Project area are two folded Greenstone belts. These include:
- The northern La Forge Greenstone Belt which consists of paragneisses with minor conglomerates and felsic tuffs.
- The southern Aquilon Greenstone Belt which consist of metabasalts, komatiites, metasediments and calc alkaline felsic rocks.
The Aquilon Belt (Cyclone Project) varies in width from 2 – 5 km and is over 50 km long. Lithologies include tholeiitic metabasalts, ultramafic lavas, iron formation, metasediments and felsic volcanics. Plutonic rock of varying composition along with quartz veins, diabase and pegmatitic dykes crosscut rocks of the volcano sedimentary basin. Lithologies have undergone considerable deformation, faulting, and folding.