Viti Li-B Project
Project highlights
- Analogous geological setting to Rio Tinto’s Jadar deposit
- Wholly owned license package in proximity to infrastructure in SE Kosovo
Based on Mineral Resource estimates, Rio Tinto’s Jadar Lithium-Borate deposit in NW Serbia has the potential to supply >10% of the current global lithium demand making this one of the most significant discoveries in the last decade. The Jadar deposit is hosted in a tectonically controlled Miocene sub-basin which includes lacustrine and volcanic tuff units with similar sub-basin settings occurring in selected areas along the Vardar trend.
The Viti Li-B project includes key deposit characteristics for this style of mineralisation:
- Miocene lacustrine sedimentary rocks with intrabasinal tuffs are analogous host rocks to the Jadar deposit
- Associated volcanic activity provides a Borate (Lithium)-rich metal source and hydrothermal heat source
- Tectonically active environment with potential hydrothermal feeder structures act as conduits for metal-rich brines
- Fault controlled graben provides a closed basin environment which allows for metal concentration in associated playa lakes
3D models created using a combination of historical basin depths with mapping and geophysical inversion results demonstrate an excellent comparison with deposit models for hydrothermal Borates and Li. Results have been used to prioritise sites for stratigraphic drill testing.
