The Liberty property is located adjacent to Winsome Resources Adina Lithium project where Winsome has recently discovered a 1.6 kilometres lithium bearing pegmatite system trending eastward (see Winsome news dated
Comet Lithium is actively following the activities on the neighbouring Winsome Resource's Adina project. According to a drilling update on
The LIDAR (Light Detection and Ranging) survey was produced by XEOS Aerial Imagery and Lidar Services
The point cloud survey generated a point density of 0.45 metre at ground level, the final resolution produced after the treatment is 0.5 metre. This data is consistent but not referred at altitude due to lack of ground surveying. Resulting files used included different classification to differentiate water surface, ground, hard ground, low vegetation and canopy. The survey showed the smooth modeling of the glacial sediment blanket in most areas of the property. These details reinforce the preliminary structural interpretation built from satellite imagery and magnetic survey.
The southern half of the survey was done over the Trieste Formation, which is composed mainly of amphibolitized volcanic rocks. Clear east-west magnetic contrast following unit's orientation is cut by north-east breaks apparent on the Lidar model. Based on field observations, the proximity of this topographical feature is also the focus of different episodes of pegmatite veining and late tectonic granitic intrusion hosted in amphibolite*.
* Geological terms such are granite or pegmatite are not evidence of spodumene, the main lithium silicate in rocks. |
Both the magnetic and LIDAR surveys identified a well-defined magnetic contrast with a surface expression in the northern half of the property, extending for approximately 6.5 km. It is noticeable that the trend's orientation connects to the west with the Adina pegmatite system. The area is entirely covered by glacial glaciofluvial sediments.
Mr.
Comet Lithium is a dynamic lithium-focused exploration company active in the prolific
Forward-Looking Statements
This news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Comet Lithium, or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including the exploration programs, the results therefor and development (including results from the ground samples collected on the Liberty property, completion and results from any geophysics program, the drill program and any future exploration programs on he Liberty property, or if it does so, what benefits Comet Lithium will derive from the Liberty property and any such exploration programs. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Comet Lithium's control. These risks, uncertainties and assumptions include, but are not limited to the risks relating to the capital market conditions, risk that the Company might not be able to obtain the capital resources necessary to complete a drill program or any exploration program on the Liberty property, as well those risks, uncertainties and assumptions described under "Financial Instruments" and "Risk and Uncertainties in Comet Lithium's Annual Report for the fiscal year ended
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SOURCE
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