92 Resources Corp. Samples up to 3.06% Li2o at Hidden Lake, NWT
The Property is located within the central parts of the Yellowknife Pegmatite Belt, which extends from the Blaisdell Lake pegmatite series in the north about 45 km to the south near Harding Lake. The belt parallels the Prosperous Lake Granite Suite; pegmatites, related to this intrusive complex are usually discordant and predominantly north south to northeast-southwest elongate bodies. Within these zoned pegmatite fields, lithium-rich pegmatites tend to occur a similar distance from the source granite and are typically located farthest from the source granitoids. The largest pegmatite deposits often have structural controls that increase their tonnage or grade potential.
Interpretation of air photos post-dating recent forest fires has identified a number of ground targets for future exploration. Based on the recent site visit, the company is planning a field program that is anticipated to begin in mid-July and will consist of mapping, identifying and exposing spodumene-bearing pegmatite dykes, and systematic channel sampling of those outcrops.
According to Adrian Lamoureux, President and CEO of 92 Resources “We are extremely pleased that our initial site visit confirmed the exceptional potential Hidden Lake has to host a number of highly prospective spodumene bearing pegmatites. The Yellowknife Pegmatite belt may one day prove to be an important source of lithium, which will help fuel Canada’s transition to a green energy economy.”
William Miller P. Geo., of Dahrouge Geological Consulting Ltd., a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
On Behalf of the Board of Directors,
Adrian Lamoureux, President & CEO
Forward Looking Statements: