Megado Minerals Limited (ASX: MEG) is preparing to follow-up some new targets with a fieldwork programme at the Cyclone Lithium Project in Quebec that will commence in mid-June 2023.
Analyses of a combination of datasets, including spectral and detailed photographic imagery, has identified numerous priority targets requiring further investigation.
Assisting Megado in the field will be Dahrouge Geological Consulting (DGC). DGC are highly experienced in the James Bay region and have been involved in several lithium discoveries in the area.
DGC will be accompanied by Megado’s Chief Geologist, Dr Chris Bowden.He will be on site for the duration of the field campaign.
Megado Minerals CEO and Managing Director, Ben Pearson, said drilling at Cyclone remains a priority and the upcoming fieldwork will be instrumental in assisting with planning to ensure this can commence as soon as possible.
“We are excited to begin field work at the Cyclone Project. There has been an enormous amount of planning to get to this stage. Remote sensing techniques have assisted with target generation and given us the best possible chance of success. We remain committed to identifying potential drill targets and developing a program that will deliver shareholder value.”
Megado will develop a preliminary drill programme during the upcoming field work. This involves identifying drill targets and preparing the necessary documentation (e.g., drill permit applications, stakeholder consultation, etc) to expedite the drilling process.