Grid Metals Corp. (TSXV: GRDM | OTCQB: MSMGF) has announced results from a maiden drill programme at the company’s 100%-owned Falcon West Lithium Property.
Drilling (26 drill holes completed) occurred at two locations approximately 750m apart. The drill programme was the first to focus on lithium mineralization since the 1950s. Drilling intersected significant values of lithium, tantalum, caesium, and rubidium, confirming the presence of a highly fractionated, rare metal-enriched pegmatite system.
Several holes, drilled in two areas (ArtDon and Lucy targets) that sit 750m apart, intersected multiple intervals of lithium-enriched, highly fractionated LCT-type pegmatite within a few metres to tens of metres from surface.
Additionally, there was the presence of very coarse white spodumene, which is associated with the highest-grade lithium intersections, and high-grade lithium intersections containing percent levels of caesium and rubidium and highly anomalous tantalum, reflecting the presence of a Tanco-type, highly fractionated pegmatite system.
These intersections occur within a >100m wide and up to 100m deep complex pegmatite unit that is traceable along strike with magnetics for >3km. The complex pegmatite unit encountered at the target area occupies the western portion of a major, craton-scale tectonic boundary zone that has seen very limited, previous lithium exploration.
At the ArtDon target (west area), notable intersections include:
- 3.7m grading 2.83% Li2O in hole ADL24-21 (from 4.4m depth)
- 4.3m grading 2.82% Li2O in hole ADL24-22 (from 1.25m) including 1.7m grading 4.69% Li2O, followed by a second interval of 6.0m grading 1.17% Li2O (from 20.3m)
At the Lucy target (east area), highlights include:
- 13.9m grading 0.73% Li2O (from 5.8 metres) and 3.6m grading 1.11% Li2O (from 34.1m) in drill hole ADL24-01
- 5.0m grading 1.07% Li2O in hole ADL24-02 (from 13.2m)
- 5.8m grading 1.32% Li2O in drill hole ADL24-09 (from 19.9m)
- 5.1m grading 1.07% Li2O in drill hole ADL24-11 (from 29.0m)
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