Lightning Minerals confirms multiple pegmatites in Quebec
November 06, 2023 at 02:16 pm
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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 also focused on the exploration of critical minerals and lithium in its tenements across Western Australia. The Companyâs flagship Dundas project is located in the prolific Dundas region of Western Australia. 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 Projectâs exploration licenses include E15/1748, E63/1932, E63/1993, E63/2000, E63/2001, E63/2028, E28/3027 and E28/3028. The Mount Jewell Projectâs exploration license includes E27/566. The Mailman Hill Projectâs exploration license includes E37/1408. The Mt Bartle Projectâs exploration license includes E53/2151, E53/2147 and E53/2159.