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Despite volatile market pricing, it is without question that lithium will be in great demand in the coming decades as a critical metal in the green energy transition and energy storage. From 2023-2025, SRK Exploration (SRK EX) worked with Albemarle to identify sources of longer-term lithium supply through generative exploration.
SRK EX started with building deposit models and mineral systems for three types of hard rock lithium deposit; lithium-caesium-tantalum (LCT) pegmatites, lithium-rare metals granites (Li-RMGs) and volcanosedimentary sequence (VSS) or “clay” deposits. These conceptual models collated the most up-to-date research and knowledge of essential, deposit forming processes through extensive review of academic literature and collaboration with subject matter experts from various universities and institutions.
Global-scale geoscience datasets were acquired, processed and interpreted to map evidence in the geological record of each constituent process of the three mineral systems.
SRK EX employed a knowledge-led fuzzy logic targeting workflow to produce prospectivity maps coving all continents except Antarctica with 20x20km sized cells. Each cell indicated the relative potential for hosting lithium mineralisation. Analysis of the distribution of the most prospective cells delineated lithium provinces that were to be followed up with more detailed province-scale prospectivity analysis.
This mineral system approach did not use the location of known lithium occurrences, deposits or mines to inform and influence the prospectivity of each map cell, as a machine learning (ML) approach would do. This removes some of the confirmation bias of simply selecting regions where most discoveries have been made, and allows the identification of prospective regions based on favourable geological processes – i.e. where deposits ”should” be found. This opens up the possibility of exploring new, un- or underexplored geographies.
Reconnaissance exploration for iron ore across multiple projects in SW Guinea and Liberia.
SRK Exploration was engaged by GreenRoc Mining to prepare a Competent Person’s Report (CPR) on three of its exploration assets in Greenland as part of its admission to AIM.
SRK completed a due diligence report for Majestic Gold Corp.’s Western Explorers project, located in Western Australia.
Assessment to support bidding for multiple greenfield coal blocks and opencast and underground mines.
Beyond improving gender ratios, mines should focus on strategies to nurture women’s progress and leadership in skilled careers. The mining sector needs to make itself more attractive to women as a way of securing the high-level technical and professional skills and leadership
Learn MoreFerrexpo plc commissioned SRK to produce a Minerals Expert Report (MER) as part of a prospectus for a global offering of shares and admission of ordinary shares for listing on the London Stock Exchange.
Learn MoreSince 2009, SRK has completed multiple phases of work on the Garafiri project in Guinea.
Learn MoreThis panel will focus on the investment implications of the U.S. SEC’s Rule S-K 1300 and what it may mean for existing or new potential listings, and what mining companies may need to do to get their projects ready.
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