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Solar Eclipse

Cosmos Exploration

News

Quarterly Activities Report


HIGHLIGHTS

  • Four new high-priority areas at the Corvette Far East (CFE) Lithium Project highlighted by detailed satellite and hyperspectral analysis designed to detect lithium-bearing minerals.

  • Each of the new areas extends over a strike length of 2.5-3km and a width of 300-700m and contains several anomalies.

  • As a comparison, similar hyperspectral analysis was conducted over the CV5 lithium discovery by Patriot Battery Metals Inc. (ASX: PMT), where anomalies were highlighted over the areas of outcropping lithium pegmatites that are similar to those identified at Corvette Far East.

  • Several prominent ‘white patches’, characteristic of pegmatite/granite outcrops, have been identified following a review of high-resolution aerial orthoimage photography.

  • The ‘white patches’ are located on or close to all four priority target areas.

  • A high-resolution airborne magnetic survey has now been completed at CFE which has delineated several northeast-trending demagnetised features characteristic of pegmatite dykes at each of the four new high-priority target areas.

  • Cosmos remains well funded with $2.56 million in cash as of 30 June 2023.

  • Active exploration programs have been defining new rare earth and nickel-copper-PGE targets at the Byro Project in WA while access to the CFE Project is awaited pending the resolution of the current fire situation in Quebec.



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