• Reconnaissance rock chip sampling returned assays of up to 37.1% Cu, 2.18 g/t Au and 21.9 g/t Ag
• Outcrop veining and alteration observations indicate potential for a Cu-Au hydrothermal mineralisation system
• A first pass drilling program of 9 RC holes (2,700 metres) will test the Cu-Au areas of interest

Lithium Energy Limited (ASX: LEL) will shortly commence a Reverse Circulation (RC) drill program at its Sandy Creek Prospect within the Capricorn Gold-Copper Belt Project in central Queensland. The drilling program has been designed to test the potential for gold (Au) and copper (Cu) deposited by an interpreted hydrothermal system that may extend to depth. The program will comprise 9 RC holes with planned drill lengths of ~300 metres per hole for a total of ~2,700 metres. This first pass drilling follows a recently completed field reconnaissance, from which 14 rock chip samples were collected. A number of these assay results are highly encouraging, including sample ZRK001 which returned 37.1% Cu, 2.18 g/t Au and 21.9 g/t silver (Ag). Other samples also graded over 1% Cu. Outcrop veining and alteration observed provides further encouragement to advance exploration to a first-pass drilling program. The Sandy Creek Prospect lies within EPM 27096 (Mt Morgan West), a tenement centred ~15km west of the Mt Morgan township, which is located ~38km south-west of Rockhampton in central Queensland. Lithium Energy currently has a 51% interest in the Capricorn Project tenements and has the right to acquire the balance of 49% on or before April 2027.

Lithium Energy is undertaking an extensive program of exploration using modern geophysical techniques to guide an extensive drilling program over identified priority areas, targeting multiple large-scale gold, copper, molybdenum and zinc mineralised systems within the Capricorn Gold-Copper Belt Project.