ActivEX Limited provided the results from the LCT (Lithium Caesium Tantalum) sampling program recently undertaken at Dividend Gully, which hosts the historical bismuth gold and tantalum prospect that sits within the Gilberton project in North Queensland. A total of 8 rock samples from Dividend Gully were submitted to ALS geochemistry in Townsville for multi-element geochemistry testing, with key results highlighted in this announcement. Follow-up surface exploration is planned for early August.

ActivEX provided an update on the multi-phase exploration program at its Gilberton project in north-east Queensland. In addition to the gold focus at Gilberton, several unexplored historic gold bismuth and tantalum occurrences are currently being evaluated for LCT (Lithium Caesium Tantalum) mineralisation. To that end, eight samples were collected and submitted for geochemical analyses at the Townsville ALS Geochemical Laboratory, with the results now outlined in this announcement.

The Dividend Gully and Sandy Grant Creek Alluvials Prospects are located in the north of EPM18615 of Gilberton Project. These 2 prospects form part of Mountain Maid metallogenic camp with host rocks comprising Digger Creek Granite (medium to coarse grained granite with muscovite pegmatite phases) and the Daniel Creek Formation comprising mica schist, phyllite and gneiss, within a large roof pendant over the Robin Hood Granodiorite. The pegmatites, which are the focus of the lithium exploration, are hosted within the Daniel Creek Formation.

The most significant lithium result (1012ppm Li2O) came from a sample of micaceous schist (Daniel Creek Formation) with a nearby fine grained felsic intrusive (Digger Creek Leucogranite) returning 358 ppm Li2O. In addition, a sample of gossanous vein quartz returned 1.6% Bi, 52.6ppm Ag, 0.4% Cu and 0.25% Pb. In the field, several E-W and NNE-SSW pegmatite dykes were also observed intruding into the Daniel Creek Formation at the two prospects.

Looking ahead, further surficial geochemical sampling will be carried out at the Dividend Gully Prospect and across the broader Mountain Maid Metallogenic Camp, with its known gold potential Also at Gilberton, drilling is underway at ActivEX's Mt Hogan Gold Prospect, where the Company is testing a 7km geochemical trend at 100-200ppb Au comprising sericite/chlorite altered Mt Hogan Granite with multiple flat dipping auriferous quartz lodes. A 4,200m RC program has been completed with initial results expected next week. A 200m diamond core program is expected to commence in late July.