Revolutionizing Lithium Processing: LU7's Successful Completion of Apollo Project

In an attempt to address the challenges associated with North America’s lithium production, Lithium Universe Limited (ASX: LU7) successfully concluded its 2023 exploration work program at the Apollo Lithium Project.

This accomplishment marks a massive milestone for LU7. It also indicates the company’s dedication to take the lithium industry forward. Mainly, it shows an awareness of the industry and what is needed to progress further.

What is the Apollo Lithium Project?

This project is nothing short of a remarkable feat achieved by Lithium Universe Limited (ASX: LU7). It aims to expedite the development of the Quebec Lithium Processing Hub in North America.

This initiative is trying to solve the demand for lithium products and production in the region. LU7's ability to complete on-ground operations shows the company's dedication to maximizing productivity.

Around August and September 2023, the exploration crew began their fieldwork. They used the favorable weather conditions to streamline the exploration process. LU7 formulated a drilling strategy for 2024 after the receipt of the final soil lab analysis.

The focus was purely on a trending fault shear corridor in the east-west region. The corridor in question extends to the Eastern Adina Lithium project by Winsome Resources Limited. The identification of potential targets along this corridor sets the stage for a maiden drilling program.

Collaboration with Laurentia Exploration

LU7 has collaborated with Laurentia Exploration Inc. If this name doesn’t ring a bell, it is a reputed company known for its exploration capabilities in Québec, Canada. This collaboration encompassed various aspects of the exploration work, including

• Permitting
• Geological assessments
• Logistics management
• Drilling operations

A highly focused mapping and sampling campaign was conducted at the Apollo Lithium Project. This campaign focused on areas with a high potential as noted by KorrAI satellite results. It was also based on airborne magnetic litho-structural interpretations.

The team collected a total of 209 rock chip samples and 666 km traverses. This covered a significant portion of the 240 km2 Apollo permit, leaving the company as the proud achiever of a big feat.

An image of LU7’s market shares as of January 22, 2024.

(Image source: Financial Times)

The campaign aimed to evaluate the LCT pegmatite’s potential. It was also evaluating spodumene mineralization and geochemical pathfinders. The prospecting, mapping, and sampling efforts were aligned with LU7's commitment to understanding the geological features of the Apollo project.

In parallel to the fieldwork at the Apollo Lithium Project, LU7 made substantial progress in the engineering study for the Quebec Lithium Processing Hub. The study, conducted by Hatch, is rated for a feed grade of approximately 5.5% Li2O. The aim is to generate lithium carbonate of a high grade (99.5% to 99.9%).

Definitive Feasibility Study (DFS)

Iggy Tan, the Chair of Lithium Universe, expressed her approval and satisfaction with the progress of the study. The pace and quality of work under the lithium team’s able guidance, set the stage for the DFS.

This study represents a critical phase in LU7's journey towards establishing the Quebec Lithium Processing Hub. Iggy Tan and Alex Hanley, integral members of the lithium team, have played a pivotal role in driving the success of LU7's lithium endeavors.

Their leadership helped steer the company through the completion of the Apollo project. Furthermore, they have made efforts to advance the engineering study for the Quebec Lithium Processing Hub.

As the Quebec Lithium Processing Hub takes shape, LU7 is positioned as a key player in addressing North America's challenges. The successful completion of the Apollo project and the ongoing advancements in the QLPH engineering study contribute to positive news surrounding LU7.

Conclusion

Lithium Universe Limited's (ASX: LU7) completion of the Apollo Lithium Project and progress in the engineering study signify a massive milestone for the company and the broader lithium industry.

With Iggy Tan and Alex Hanley at the helm, LU7 is poised to contribute to North America’s sustainable energy future. It is now a prominent player in lithium exploration and production.