Large land position in underexplored area of Pontax Greenstone Belt.
Numerous lithium pegmatite occurrences discovered to date, including:
Resisto Showing – 2.86% Li20 in outcrop, and 12.1 m at 0.55% Li2O and 2,166 ppm Ta2O5, including 4 m at 0.84% Li2O and 4,596 ppm Ta2O5, in channel
Capacito Showing – 3.81% Li2O in outcrop
Inducto Showing – 2.69% Li2O in outcrop
Transisto Showing – 2.08% Li20 in boulder
PHOTO 2: Capacito Pegmatite Sample C00281267
MAP1: Lithium Pegmatite Showings at the Pontax Property
PHOTO 1: Resisto Pegmatite
EASTMAIN PROPERTY (Li)
Strategically located along geological trend and proximal to the James Bay (Cyr) Deposit.
3.51 g/t Au in outcrop sampled on Property.
High-grade lithium pegmatite boulder (2.15% Li2O) and high-grade tantalum pegmatite boulder (436 ppm Ta2O5) discovered on the Property.
LAC DU BERYL PROPERTY (Li, Ta, Au)
Situated proximal to the historical Arianne Gold Showing – 5.4 g/t Au over 7 m.
Numerous pegmatite occurrences confirmed on the Property.
PONTOIS PROPERTY (Li, Ta, Au)
Located approximately 10.5 km directly west of the Company’s Shaakichiuwaanaan Property.
Covers ~8.3 km of highly prospective lithium pegmatite trend, which is host to the same regional rock suite as the CV Lithium Trend on the Shaakichiuwaanaan Property.
IDAHO, USA
FREEMAN CREEK PROPERTY (Cu-Au-Ag)
Gold Dyke Prospect
Interpreted wide-spread, low-grade gold mineralized envelope containing a high-grade component of unknown extent.
Extensive 800 m by 700 m gold soil anomaly.
High-grade precious metal mineralization present in drill holes is indicated to be primarily associated quartz veining rich in sulphide (pyrite, galena, sphalerite) hosted within heavily altered metasediments.
Highlights:
1.12 g/t Au and 9.0 g/t Ag over 47.6 m starting from surface, including 4.11 g/t Au and 33 g/t Ag over 12.0 m (drill hole FC20-003)
0.46 g/t Au and 7.6 g/t Ag over 14.1 m starting from surface, including 2.08 g/t Au and 18 g/t Ag over 2.0 m (drill hole FC20-002)
0.56 g/t Au and 19.3 g/t Ag over 9.0 m (drill hole FC20-001)