Lithium Exploration

Gold Mountain Limited (ASX: GMN) is an Australian, publicly listed company exploring for lithium in the highly prospective Lithium Valley of North-Eastern Brazil.

The Lithium Valley Project

The Lithium Valley Project is Gold Mountains Flagship Lithium Project in Brazil. It is made up of 49 tenements in one of the most sought-after addresses in lithium exploration - Brazil's Lithium Valley. GMN's neighbours in the area include Atlas Lithium, Sigma Lithium, Rio Tinto and Pilbara Minerals. Gold Mountain’s ground includes several known LCT pegmatite occurrences and the widespread presence of indicator minerals in rock and sediment samples.

Through 2024 the GMN team conducted an extensive stream sampling program to define a number of large anomalies and returned encouraging results of up to 672ppm Lithium, which is over 10x the background levels.

The Gold Mountain Team is also working on a number of other early-stage Lithium Projects across Brazil.

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Key Lithium Prospects

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  • The Salinas Targets are located within Gold Mountains' Lithium Valley Project.
  • GMN has conducted an extensive stream and soil sampling program.
  • This new data has helped the team define a 14-hole drill program to test 10 high-priority lithium anomalies, some of which are coincident with outcrops of weathered pegmatite.
  • The potential of this emerging lithium district is highlighted by Latin Resources Collina Lithium Deposit (70.9Mt @ 1.25% Li2O)

Recent news from GMN's projects