Manhattan Corporation Limited (ASX: MHC) has received further lithium assays from the spodumene-bearing pegmatite field at its Big Betty prospect located in Yarmouth, Nova Scotia, Canada.
A fourth occurrence has been reported between two existing boulder trains that are situated 3km apart. The finding supports the company’s belief that at least three distinct sources of spodumene-bearing bedrock exist at the Big Betty property.
Paul K. Smith, country manager, said, “The continuing discovery of high-grade, spodumene-bearing boulders within the Big Betty prospect suggests large lithium potential within the Chebogue Project. As Manhattan continues to advance its emerging geological structural model for lithium mineralization it believes that the overall potential for new spodumene-bearing pegmatites can only increase in numbers and size. This region of Nova Scotia is quickly becoming a hotbed of excitement in regard to critical mineral exploration.”
A total of 15 rock samples were collected, including duplicate split samples. All samples showed visible spodumene, and six samples returned Li20 assays greater than 2%:
▪ Sample 85088A returned 3.40% Li2O
▪ Sample 85567A returned 3.23% Li2O
▪ Sample 85584A returned 3.19% Li2O
▪ Sample 85584B returned 2.97% Li2O
▪ Sample 85567B returned 2.41% Li2O
▪ Sample 85569A returned 2.35% Li2O
Additionally, MHC will soon complete its first B-Horizon soil sampling programme. To date, 80% of samples have been collected and 60% of all samples have been shipped to the lab for geochemical assays.
In the coming week, a 1,417 line-km high-resolution airborne drone magnetic survey will commence over the spodumene boulder discovery area to determine the company’s advancing drill programme.
To find out more, please visit www.manhattancorp.com.au
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