VRANJE
Key Facts
• AREA: 90.4 km2
• DEPOSIT TYPE: Hydrothermal Sedimentary
• HIGHEST SOIL SAMPLE VALUES: +800ppm Borate and 220ppm Lithium
• STATUS: Targets defined and targeting T1 potential (Jadar Like deposits)
Project Highlights
• Project hosts a sedimentary basin with hydrothermal to metasomatically altered volcanogenic-sedimentary deposits
• Jadar Resources is 1st mover within the entire basin - has not been tested for Li-B mineralisation to date despite strategic position and geology
• Targeting a world class deposit akin to Rio Tinto’s Jadar Deposit (Inferred Resource of 135.7 Mt @ 1.86% Li2O and 15.4% B2O3 now in PFS)
• 2 phases of sampling and mapping undertaken to date
• Numerous target areas defined with very high values of both Li and B present in soil samples
• Highest values include +800ppm Borate and 220ppm Lithium in soil sampling
• Good correlation between B and Li anomalism throughout permit
• Ongoing activities – possibly including geophysics – in near term to define drill targets for 2H 2019 program
• Further ground applied for– strategically secure entire basin (ca 700km2).
1. Vranje South – refer JDR ASX Announcements dated 14 November 2018 and 20 August 2018
2. https://www.riotinto.com/documents/180321_Presentation_Andrew_Latham_Lithium_Battery_Metals_Conference.pdf
