Boadicea Resources Ltd (ASX:BOA) has been granted the Hanns Gully lithium exploration tenement (EPM28125), in the Croydon district of North Queensland, an area historically mined for tin with 58 known occurrences of the minerals within the tenement boundary.

Proactive Investors reports the company will be targeting greisen-style igneous lithium deposits, which are strongly associated with tin mineralisation.

This licence may also offer upside in the form of coincident rubidium and lithium mineralisation, which has already been identified on the tenure with historical stream sediment sampling, as well as the potential for gold, tin, tungsten and tantalum mineralisation.

Expands growing lithium portfolio

“The granting of the Hanns Gully licence boosts our growing portfolio of lithium-based projects,” Boadicea Resources managing director Jon Reynolds said.

“The strategy of testing for greisen-style lithium mineralisation provides an opportunity to explore for previously untested style of commercial lithium.

“Hanns Gully provides an opportunity to identify a potential major source of lithium as demonstrated at the Cinovec project in the Czech Republic, which is one of the world’s largest lithium deposits.”

Boadicea is fully committed to its battery metals strategy, pursuing four key minerals for the electric vehicle (EV) industry – copper, nickel, cobalt and lithium.

To that end, the company now has two secured projects and one pending:

• Hanns Gully – lithium-tin-tantalum, Queensland
• Bald Hill East – lithium, Western Australia
• Ant Hill (pending) – lithium-nickel, Western Australia