Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF) has obtained initial high-grade lithium exploration results from its recently acquired Cadillac Lithium property, including assays from surface channel sampling and completion of two geophysical surveys.
The Property comprises a total of 320 claims covering 18,378 hectares (184 sq. km) located just 10 km south of the historic mining town of Cadillac and approximately halfway between the major mining centres of Rouyn-Noranda and Val-d’Or, in the province of Quebec, Canada.
The Cadillac Lithium property hosts at least four known spodumene-bearing pegamtitite dikes which are spaced approximately 100 metres apart and traced for at least 300 metres East-West along strike. Since acquisition, the company has completed the following:
- Acquired permits for access trails prep, outcrop clearing and sampling and a minimum 1,500 metre drill program. The Cadillac Lithium occurrence has never been drilled.
- Sampled and assayed 21 separate short channel samples across the main outcropping “B” dike over a strike length of 300 metres. Results received for 15 channels over 65 metres strike length at western end of outcrops.10 of 29 samples assayed were above 1.00% Li2O with a high of 4.80% Li2O over 1.00 m.
- Completed a high-resolution airborne MAG survey over more than half the property. Combining the results of the survey with an existing adjacent HiRes survey. Review and interpretation are ongoing at this time.
- Acquired recent government LIDAR data for the entire property and completed a re-interpretation of the data at higher resolutions in order to define and refine potential pegmatite targets for future exploration.
President and CEO, Yves Rougerie, said the LIDAR report identified over 400 potential pegmatite targets for ground proofing next summer.
“These first assay results confirm the widespread occurrence of spodumene along 65 m of the most western section of the B dike with high grades of 3.98% and 3.93% at the extremity of the outcrop where the dike disappears under cover,” Mr Rougerie said.
“Another 235 m of B dike to the East was channel sampled as well and results for these are expected in January 2022. Based on these early results, we can see the strong potential of the cluster of dikes in this area of the property.
“Spodumene has been observed in all the outcropping dikes and we also believe there are likely more dikes in the cluster. Drilling will begin in January to initially test the B dike over it’s 300 m exposed length.
“We plan to aggressively explore the Property over the winter by drilling the main cluster of dikes and are planning for an exhaustive field exploration season next summer over our very large tract of land.”
For further information please visit: https://visionlithium.com/
