Highlights
- Lithium Plus identifies high-grade beryllium mineralisation in Northern Territory
- Retracts prior pricing statements for Arunta Lithium Projects
- Signals diversified exploration strategy across critical minerals
Lithium Plus Minerals (ASX:LPM) has made significant headway in diversifying its exploration portfolio with the recent discovery of high-grade beryllium mineralisation at the Spotted Wonder Project. Situated within the company’s 100%-owned Arunta Lithium Projects in the Northern Territory, Australia, this discovery marks an important pivot, enhancing the project’s polymetallic appeal amid the global surge in demand for critical minerals.
Retraction of Prior Pricing Statements
The company has also retracted previously published pricing statements found under the “PRICING” section related to in-situ valuations at its Arunta Lithium Projects. Lithium Plus (ASX:LPM) clarified that there was no reasonable basis for those valuation statements and has advised investors to disregard that information. This decision has been authorised by the company's board, highlighting a commitment to transparent and compliant communications.
Discovery of High-Grade Beryllium
The beryllium mineralisation was identified during a reassessment of historical drill core at the Spotted Wonder Project. The shallow nature of the mineral intersections suggests favourable development prospects, especially considering the proximity of the beryllium zones to lithium-bearing pegmatites.
The Delmore pegmatite, already known for its lithium potential, now demonstrates significant concentrations of beryllium as well. This dual-mineral potential could allow for multiple development pathways, adding exploration depth and strategic optionality to the project.
Broader Implications for Critical Minerals and ASX200 Exposure
Beryllium is increasingly recognised globally as a high-value and strategically important commodity, particularly in aerospace, telecommunications, and defence sectors. With this discovery, Lithium Plus not only reinforces its position in lithium exploration but also establishes a credible footprint in other critical mineral domains.
As market interest in ASX dividend stocks and diversified portfolios continues to grow, such discoveries are aligning well with broader investor preferences. Companies focusing on high-demand, high-value critical materials are increasingly being watched for potential inclusion in benchmarks like the ASX200 index, where visibility and investor confidence tend to be higher.
Forward-Looking Exploration Plans
Lithium Plus has signalled intentions to ramp up exploration activities in the coming field season. With this new beryllium dimension, the Arunta Lithium Projects could emerge as a key district for critical mineral development in Australia. The ongoing focus on both lithium and beryllium offers a pathway to enhanced resource optionality and longer-term strategic relevance in the evolving energy and materials sectors.