Lightning Minerals confirms multiple pegmatites in Quebec
November 06, 2023 at 02:16 pm EST
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Lightning Minerals Ltd (ASX:L1M) MD Alex Biggs tells Proactive the company has completed its initial exploration program at its Dalmas and Hiver projects in the James Bay region of Quebec, Canada, confirming historical reports of outcropping pegmatitic lithologies at both project areas. Following the execution of a binding agreement to acquire the Dalmas and Hiver projects, the company has quickly completed its first reconnaissance phase exploration, taking multiple samples for analysis, ahead of the Canadian winter.
Biggs said: “Confirmation of pegmatite lithologies at both Dalmas and Hiver is a positive indicator for our future exploration in Canada. It is important that the company has taken its first step quickly and effectively by confirming the target areas that have been previously identified.
“We know the James Bay region is prolific as a lithium district and initial indications at Dalmas and Hiver suggest that potential for lithium-caesium-tantalum (LCT) mineralisation exists.
“Our next step will be to evaluate existing geophysical surveys that may define geological trends of sub-cropping pegmatite structures across both projects. The company continues to employ a diligent and structured approach to its exploration across all its projects with a view to defining drill targets for potential discovery.
"Having projects in two of the most prospective lithium regions globally significantly increases our chances of that. We look forward to keeping you updated on our progress.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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Lightning Minerals Limited is an Australia-based mineral exploration company. The Company is focused on the exploration of critical minerals and lithium at its tenements across Western Australia. Its flagship Dundas Project is located in the Dundas region of Western Australia. Its Caraibas and Sidronio Lithium Projects are located in the Eastern Brazilian Pegmatite Province that encompasses about 150,000 square kilometers, stretching from Bahia state to Rio de Janeiro state. The Company also owns the Dalmas and Hiver lithium projects in Quebec, Canada, another significant and evolving lithium region globally as well as other projects in Western Australia which include Mt Jewell, Mt Bartle and Mailman Hill, which are prospective for base metals and critical minerals. The Dundas Project is 454 square kilometer land holding in Western Australia that is prospective for lithium and critical minerals. The Caraibas Project consists of five separate tenements covering about 1,733 hectares.