The Pick News

Metals Australia awaits key lithium sampling results from James Bay - The Pick Online Magazine

Written by Staff Writer | Nov 29, 2023 9:39:06 AM

Metals Australia Ltd (ASX: MLS) is awaiting results of 63 samples from 21 pegmatite outcrops within the company’s 100%-owned Corvette River Project in Canada’s James Bay lithium region in Quebec.

MLS’s Corvette River tenements lie on extensions to Patriot Battery Metals’ (ASX: PMT) Corvette (CV) Lithium Trend and also on the newly-identified Corvette South Trend in James Bay.

Significantly, the 63 samples from 21 outcropping pegmatites at Corvette River, submitted by MLS to ALS’s Val d’Or laboratory in Quebec for analysis, included three samples from the large CR1 pegmatite, which has been mapped across the entire 1.5km width of the Felicie Prospect tenement.

The CR1 pegmatite is located just 2.5km along strike to the west of the CV9 pegmatite, where Patriot Battery Metals announced on 22 November it had made a new discovery with the intersection of 100m of near-continuous spodumene-bearing pegmatite. CV9 has been mapped over a 450m strike-length and occurs within the same structural corridor as the Company’s CR1 pegmatite at Felicie.

The 63 pegmatite samples were collected from the Felicie, West Pontois, West Eade and East Eade tenements at Corvette River and analysed for lithium and other pathfinder elements.

The large outcropping pegmatites identified by MLS at Corvette River had not previously been analysed for lithium.

MLS has been advised by the Val d’Or laboratory that the sampling results, including from the CR1 pegmatite, are expected to be available in the next few weeks, following sample processing problems which has caused widespread delays to sample processing and assay.

The sampling results will be used to prioritise spodumene pegmatite targets within the Corvette River project for follow-up trenching, channel sampling and drilling programmes.