Litchfield Project
8 November 2016
The Litchfield area is located approximately 110 kilometres south of Darwin and is part of the Litchfield pegmatite belt which is a 180 km long belt of pegmatites located along the western margin of the Pine Creek Orogen.
Monax has signed a binding term-sheet with the owner of three Exploration Licences in the Litchfield area, and initial rock chip results for samples collected within the project area report high-grade lithium up to 7.55% Li2O and lepidolite-rich rocks up to 2.39% Li2O.