Critical Resources (ASX CRR) has intersected more spodumene-bearing pegmatite zones at its Mavis Lake Lithium Project in Ontario, Canada.
Highlights include:
- Multiple spodumene-bearing pegmatite dykes intersected in step out holes MF22-117 and MF22-118
- MF22-118 intersects zone at greatest verical depth from surface recorded to date at Mavis Lake
- Significant zones prove continuity in the east within the Pegmatite 6 area trending towards Pegmatite 18
The MF22-117 and MF22-118 step out holes at the Mavis Lake Project intersected a further 28.25m and 14.6m, respectively, of spoudumene bearing pegmatite zones.
The intersected zones provide evidence of significant pinching and swelling throughout the pegmatites.
The swell areas host a significant amount of visual spodumene laths and provide significant thickness of ore. Understanding the geometries of the pegmatites will aid in further zone delination as the Company continues to test the continuity east of Pegmatite 6 and towards Pegmatite 18.
The company is carrying out more infill drilling to continue to test strike length and down-dip continuity to further delineate the spodumene-bearing pegmatites to underpin the development of a maiden JORC compliant resource at Mavis Lake.
A total of 7,960m out of 10,000m of approved drilling has been completed to date, with the Company’s primary focus to continue drilling an infill program, followed by testing the approximate 3km of potential strike length towards Pegmatite 18.
Immediate 50m infill drill-hole spacing will continue to test strike length and down-dip continuity to further delineate the spodumene-bearing pegmatites to underpin the development of a maiden JORC compliant resource.
The Mavis Lake Project’s location provides a strategic advantage, situated just 19km from the town of Dryden. The project area is adjacent to the main rail and road networks connecting directly to Thunder Bay, which is being touted as a proposed regional hub for lithium processing.
“To intercept a further cumulative 28.25m and 14.6m of lithium-bearing pegmatites in the following two holes from one of our largest cumulative intercepts in previously untested areas at Mavis Lake builds further confidence in our programme as we work towards delineating our maiden JORC Compliant Resource,” Critical Resources Chairman, Robert Martin, said.
“These results show the pegmatites remain open at depth and along a potential strike length of approximately three km between our Pegmatite 6 and Pegmatite 18 prospects. We look forward to keeping the market updated as we continue our extended drilling program and when our assay results are received.”
For further information please visit: https://www.criticalresources.com.au/
