First Class Metals plc has made the final shares payment, under an option agreement with Nuinsco Resources Ltd, towards a controlling interest in the Zigzag lithium property in Ontario, Canada. PEGMATITE The exploration project is also considered prospective for “a suite of critical metals including rubidium, gallium and tantalum”. First Class will issue 2,277,816 new […]
Tag: pegmatites
First Class adds rare earths to Ontario footprint
First Class Metals plc plans to add rare earths elements to its portfolio with three-year options over two properties in northwest Ontario, Canada. BATHOLITH Block H and F, covering 18km² and 33km² respectively, lie within “one of the most anomalous REE regions”, as identified in the province-wide lake sediment geochemical database, containing 48,367 samples. Both […]
Focus starts lithium exploration at Burrows
Focus Xplore plc has begun geological prospecting, mapping and sampling activities at its Burrows lithium projects in Ontario, Canada. PEGMATITES The programme follows the start last week of exploration at the Ellie lithium and Bay Road rare earth elements, specifically dysprosium and neodymium, projects. Burrows, comprising three properties across 2,400 hectares, is part of Focus’s […]
Arkle identifies pegmatites at Aughrim
Arkle Resources plc said it had discovered pegmatites from visual observation during its initial prospecting programme on its Aughrim block of four licences in County Wicklow. EARLY DRILLING The company took samples from ten priority target areas including exposed granitic bodies which are part of the Leinster granite highly prospective for lithium, caesium and tantalum […]
Nine potential pegmatite targets identified at Bynoe
Cadence Minerals plc reported nine identified potential pegmatite targets from the final analysis of a geophysics survey at the Bynoe lithium project in the Northern Territory of Australia. ANOMALIES The company, which owns 8.74% of operator Evergreen, added that the ambient noise tomography (ANT) survey integrated with geochemicall data showed “surface expression of anomalies”. The […]
FCM begins lithium exploration and sampling at Zigzag
First Class Metals plc (FCM) has begun a systematic exploration and mapping campaign at the Zigzag lithium project in the Seymour Lake area of northwest Ontario. OUTCROPS The company is targeting known exposures of pegmatite-hosted lithium mineralisation, alongside conducting sawn channel sampling along strike intervals across the exposed pegmatite outcrop. A further thirty-nine grab samples […]