Major lithium progress for Lightning Minerals

Proactive - Interviews for investors

Lightning Minerals Ltd (ASX:L1M) managing director Alex Biggs talked with Proactive’s Tylah Tully about significant progress at the Esperança Project, including confirming the presence of spodumene-bearing pegmatites. Biggs explained that this discovery follows test work conducted after identifying the mineral at the site last year. “We’ve got spodumene and lithium-bearing pegmatites at Esperança, which is great. That’s really important for us,” Biggs said. Biggs also provided updates on the completion of phase one soil sampling across three tenements. Results indicated high lithium readings, with Caraíbas showing values up to 429 ppm and Abraçá reaching 320 ppm. These promising indicators will guide drilling plans, with the team identifying five or six potential targets for further exploration. Drilling at Esperança is set to commence soon, with plans to expand the campaign based on initial results. Biggs expressed optimism about 2025 being a pivotal year for Lightning Minerals. #ProactiveInvestors #LightningMinerals #ASX #LithiumDiscovery #EsperançaProject #MiningNews #LithiumExploration #ASXStocks #MineralsExploration #LithiumIndustry #Spodumene