Allkem Limited (ASX|TSX: AKE, “
Allkem” or the
“
Company”) is pleased to provide a drilling update
for its James Bay Lithium Project in Québec, Canada.
HIGHLIGHTS
- Assays continue to demonstrate
thick intercepts of lithium mineralisation within spodumene-bearing
pegmatites in the NW Sector.
- Intercepts include 114m @
1.73 % Li2O from 140.5m
in JBL-23-050, and 94m @ 1.87 %
Li2O from 107m in
JBL-23-085. The reader is cautioned that these thicknesses
represent downhole thicknesses and not true thicknesses. True
thicknesses are estimated to be between 60% and 80% of downhole
thicknesses.
RESOURCE DELINEATION DRILLINGBetween December
2022 and April 2023, Allkem undertook a resource definition
drilling campaign with the aim of delineating the pegmatite dykes
around the extremities of the deposit, and to test for strike
extensions to the north-west. In total, 130 drill holes were
completed for a total meterage of 29,124m. A significant portion of
this drilling was designed to support a maiden Inferred Mineral
Resource in the NW Sector, supported by an 80m x 80m drilling
pattern.
Interim assay results relating to the newly
discovered NW Sector were announced to the market on May 4th, 2023.
The remaining assays have been received from the laboratory and are
included in this announcement with a supporting plan view (Figure
1) and schematic section (Figure 2).
Assay highlights for the remaining assays from
the 2023 drilling campaign include:
Drillhole |
From (m) |
To (m) |
Downhole Thickness (m) |
Estimated True Thickness (m) |
Li2O% |
JBL-23-002 |
42.0 |
124.0 |
82.0 |
74.7 |
1.52 |
267.7 |
305.9 |
38.2 |
33.6 |
1.42 |
JBL-23-003 |
113.0 |
149.7 |
36.7 |
28.5 |
1.54 |
JBL-23-036 |
191.0 |
224.0 |
33.0 |
29.3 |
1.35 |
JBL-23-043 |
311.5 |
345.2 |
33.7 |
27.8 |
1.72 |
438.0 |
480.5 |
42.5 |
34.4 |
1.48 |
JBL-23-0501 |
140.5 |
254.8 |
114.3 |
79.8 |
1.73 |
JBL-23-054 |
52.7 |
107.7 |
55.0 |
48.2 |
1.84 |
JBL-23-081 |
292.3 |
338.7 |
46.4 |
29.6 |
1.80 |
JBL-23-082 |
178.0 |
217.5 |
39.5 |
26.4 |
1.67 |
289.4 |
369.1 |
79.7 |
52.1 |
1.64 |
JBL-23-083 |
108.7 |
152.4 |
43.8 |
38.4 |
1.77 |
JBL-23-085 |
107.0 |
201.1 |
94.1 |
84.5 |
1.87 |
- Partial assays
released on May 4th 2023.1
Managing Director and CEO, Martin Perez de Solay said, “These
outstanding drilling results confirm a material extension of
mineralisation at James Bay. Work is now focussed on reviewing the
Mineral Resource to include the additional results from the 2023
drilling program and an update is expected by the end of the
month.
“James Bay is a Tier 1 lithium asset with the potential to grow
even further as the boundaries of mineralisation are tested through
an additional drilling program commencing later in the year."
Figure 1: James Bay 2023 drilling
program – Plan view of drill collars
All drillhole collars from the 2023 drilling
campaign are tabulated in Appendix 2, and all new significant assay
intervals received since the May 4th 2023 announcement are
presented in Appendix 3.
Figure 2: NW Sector cross section, looking
north-east.
NEXT STEPS
A Mineral Resource update is on-track for
completion in August 2023, and will be announced to the market once
internal checks and verifications are complete.
The Company is currently planning a significant
diamond drilling campaign to start in November 2023 to expand on
the additional lithium-bearing pegmatites discovered last winter.
The drilling program will consist of both in-fill drilling to
better understand the geometry of the pegmatites, and step-out
exploration drilling to discover new pegmatites along-strike to the
NW zone.
This release was authorised by Mr Martin Perez de
Solay, CEO and Managing Director of Allkem Limited.
Allkem LimitedABN 31 112 589
910Level 35, 71 Eagle StBrisbane, QLD 4000 |
Investor Relations & Media EnquiriesAndrew BarberM: +61 418 783
701 E: Andrew.Barber@allkem.coPhoebe LeeP: +61 7
3064 3600 E: Phoebe.Lee@allkem.co |
Connectinfo@allkem.co+61 7 3064 3600www.allkem.co |
IMPORTANT NOTICES
This investor ASX/TSX release
(Release) has been prepared by Allkem Limited (ACN
112 589 910) (the Company or
Allkem). It contains general information about the
Company as at the date of this Release. The information in this
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all of the material which a shareholder or potential investor in
the Company may require in order to determine whether to deal in
Shares of Allkem. The information in this Release is of a general
nature only and does not purport to be complete. It should be read
in conjunction with the Company’s periodic and continuous
disclosure announcements which are available at allkem.co and with
the Australian Securities Exchange (ASX)
announcements, which are available at www.asx.com.au.
This Release does not take into account the
financial situation, investment objectives, tax situation or
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Release constitutes investment, legal, tax, accounting or other
advice, nor does it contain all the information which would be
required in a disclosure document or prospectus prepared in
accordance with the requirements of the Corporations Act 2001 (Cth)
(Corporations Act). Readers or recipients of this
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appropriateness of the information having regard to their own
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This Release does not constitute or form part of
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The distribution of this Release in other
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Past performance information given in this
Release is given for illustrative purposes only and should not be
relied upon as (and is not) an indication of future
performance.
Forward Looking Statements
Forward-looking statements are based on current
expectations and beliefs and, by their nature, are subject to a
number of known and unknown risks and uncertainties that could
cause the actual results, performances and achievements to differ
materially from any expected future results, performances or
achievements expressed or implied by such forward-looking
statements, including but not limited to, the risk of further
changes in government regulations, policies or legislation; the
risks associated with the continued implementation of the merger
between the Company and Galaxy Resources Ltd, risks that further
funding may be required, but unavailable, for the ongoing
development of the Company’s projects; fluctuations or decreases in
commodity prices; uncertainty in the estimation, economic
viability, recoverability and processing of mineral resources;
risks associated with development of the Company Projects;
unexpected capital or operating cost increases; uncertainty of
meeting anticipated program milestones at the Company’s Projects;
risks associated with investment in publicly listed companies, such
as the Company; and risks associated with general economic
conditions.
Subject to any continuing obligation under
applicable law or relevant listing rules of the ASX, the Company
disclaims any obligation or undertaking to disseminate any updates
or revisions to any forward-looking statements in this Release to
reflect any change in expectations in relation to any
forward-looking statements or any change in events, conditions or
circumstances on which any such statements are based. Nothing in
this Release shall under any circumstances (including by reason of
this Release remaining available and not being superseded or
replaced by any other Release or publication with respect to the
subject matter of this Release), create an implication that there
has been no change in the affairs of the Company since the date of
this Release.
Competent Person Statement
The information in this announcement that
relates to Exploration Results is based on information compiled by
James Purchase, P.Geo, MAusIMM (CP), a Competent Person who is both
a member of L’Ordre des Géologues du Québec (License No. 2082) and
a Member of The Australasian Institute of Mining and Metallurgy
(with Chartered Professional status). Mr. Purchase is a full-time
employee of Galaxy Lithium (Canada) Inc. Mr. Purchase has
sufficient experience that is relevant to the style of
mineralization and type of deposit under consideration and to the
activity being undertaken to qualify as a Competent Person as
defined in the 2012 Edition of the ‘Australasian Code for Reporting
of Exploration Results, Mineral Resources and Ore Reserves’. Mr.
Purchase consents to the inclusion in this announcement of the
matters based on his information in the form and context in which
it appears.
Not for
release or distribution
in the United States
This announcement has been prepared for
publication in Australia and may not be released to U.S. wire
services or distributed in the United States. This announcement
does not constitute an offer to sell, or a solicitation of an offer
to buy, securities in the United States or any other jurisdiction,
and neither this announcement or anything attached to this
announcement shall form the basis of any contract or commitment.
Any securities described in this announcement have not been, and
will not be, registered under the U.S. Securities Act of 1933 and
may not be offered or sold in the United States except in
transactions registered under the U.S. Securities Act of 1933 or
exempt from, or not subject to, the registration of the U.S.
Securities Act of 1933 and applicable U.S. state securities
laws.
APPENDIX 1 – JORC 2012 TABLE 1 DISCLOSURE
Section 1: Sampling Techniques and
Data
JAMES BAY LITHIUM PROJECT SAMPLING AND DATA |
Sampling techniques |
|
Nature and quality of sampling (e.g. cut channels, random chips, or
specific specialized industry standard measurement tools
appropriate to the minerals under investigation, such as down hole
gamma sondes, or handheld XRF instruments, etc.). These examples
should not be taken as limiting the broad meaning of sampling.
Include reference to measures taken to ensure sample representivity
and the appropriate calibration of any measurement tools or systems
used. Aspects of the determination of mineralization that are
Material to the Public Report. In cases where ‘industry standard’
work has been done this would be relatively simple (e.g. ‘reverse
circulation drilling was used to obtain 1 m samples from which 3 kg
was pulverized to produce a 30 g charge for fire assay’). In other
cases, more explanation may be required, such as where there is
coarse gold that has inherent sampling problems. Unusual
commodities or mineralization types (e.g. submarine nodules) may
warrant disclosure of detailed information. |
|
2008/2009 Exploration Drilling – Lithium One
Lithium One (subsequently acquired by Galaxy Lithium (Canada) Inc.)
drilled a total of 102 diamond drill holes for 13,487m on
a pattern ranging between 50m and 60m spacing. Drill holes
were for the most part inclined towards the south-east to intersect
the spodumene mineralization perpendicular to the dyke
geometry. Drillhole diameter was NQ.The 2008/2009 drill-hole
collars were initially surveyed by handheld GPS, and subsequently
resurveyed using RTK by Galaxy Lithium Canada in 2017. A total of
84 out of 102 drill holes were located and resurveyed
by RTK.Downhole survey methods for the 2008 drilling are
unknown, however downhole surveying in 2009 was conducted at 3m
intervals using a REFLEX Flexit tool. 2009/2010 Channel
Sampling – Lithium OneSurface outcrops of pegmatite were
channel sampled in 2009 and 2010 using a dual-blade diamond saw to
ensure consistent widths during cutting. A total of 53 channel
samples were collected for a combined length of 810m. Channel
lengths ranged from 2m to 41m, and sampling was conducted on 1.5m
intervals. Channel samples were terminated at the contact with
surrounding lithologies.2017 Resource Definition Drilling –
Galaxy Lithium (Canada) Inc.Galaxy Lithium (Canada) Inc.
conducted a program of infill and extensional diamond drilling in
2017 with 157 holes drilled for a total meterage of 33,339m.
Drillhole diameter was NQ. All drill hole collars were resurveyed
using a RTK method. Downhole surveys were recorded every 3m using a
multi-shot camera (REFLEX EZ-TRAC).2017/2018 Geotech and
Metallurgical Drilling – Galaxy Lithium (Canada)
Inc.Galaxy Lithium (Canada) Inc. conducted a program of
diamond drilling in 2017 and 2018, with 102 holes drilled for a
total meterage of 10,900m. Drillhole diameter was HQ for
metallurgical drill holes, and NQ for the remaining Geotech
holes.2021 - 2023 Sterilisation, Exploration and Resource
Delineation Drilling – Galaxy Lithium (Canada) Inc.Galaxy
Lithium (Canada) Inc. conducted two programs of diamond drilling
during the winter of 2021/2022 and 2022/2023, with 231 holes
drilled for a total meterage of 43,600m. Drillhole diameter was NQ
and drilling was undertaker by Major Drilling. All drill hole
collars were resurveyed using a RTK method by an independent land
surveyor. Downhole surveys were recorded every 3m using a
multi-shot camera (REFLEX EZ-TRAC) or a gyroscope. |
Drilling techniques |
|
Drill type (e.g. core, reverse circulation, open-hole hammer,
rotary air blast, auger, Bangka, sonic, etc.) and details (e.g.
core diameter, triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core is oriented and if
so, by what method, etc.). |
|
Diamond Drilling: Drilling campaigns between
2008 and 2018 were conducted by Chibougamou Drilling using either
NQ or HQ drilling diameters. Triple tubing was not necessary as the
rock is fresh and highly competent starting from the base of the
overburden. Recoveries were excellent (> 95%). Drilling
campaigns conducted between 2021 and 2023 were carried out by Major
Drilling using NQ drill diameter.Exploration and resource
definition drillholes vary in depth from 50m to 300m, with the
occasional deep exploration hole up to 500m depth.Metallurgical
drillholes are HQ diameter and vary in depth between 10m and
105m.Geotech and sterilisation drillholes are NQ diameter and are
generally 70m to 120m deep. |
Logging |
|
Whether core and chip samples have been geologically and
geotechnically logged to a level of detail to support appropriate
Mineral Resource estimation, mining studies and metallurgical
studies. Whether logging is qualitative or quantitative in nature.
Core (or costean, channel, etc.) photography. The total length and
percentage of the relevant intersections logged. |
|
All drill core processing was performed at the Relais Routier Km
381 Truck Stop, with logging and sampling conducted by employees
and contractors of GLCI. Lithology, structure, mineralization,
sample number, and location were recorded by the geologists in a
GeoticLog log database, with a backup stored on an external hard
drive for additional security.Drill core was stored in wooden core
boxes and delivered to the core logging facility at the camp twice
daily by the drill contractor. The drill core was first aligned and
measured for core recovery by a technician, followed by RQD
measurements. Due to the hardness of the pegmatite units, the
recovery of the drill core was generally very good, averaging over
95%. The core was then logged, and sampling intervals were defined
by the geologist. Before sampling, the core was photographed using
a digital camera and core boxes were marked with box number, hole
ID, and aluminium tags indicating “from” and “to” measurements. All
drill holes were logged in full. |
Sub- sampling techniques and sample
preparation |
|
If core, whether cut or sawn and whether quarter, half or all core
taken. If non-core, whether riffled, tube sampled, rotary split,
etc. and whether sampled wet or dry. For all sample types, the
nature, quality and appropriateness of the sample preparation
technique. Quality control procedures adopted for all sub-sampling
stages to maximise representivity of samples. Measures taken to
ensure that the sampling is representative of the in-situ material
collected, including for instance results for field
duplicate/second-half sampling. Whether sample sizes are
appropriate to the grain size of the material being sampled. |
|
2008/2009 Drilling and Channel
SamplingStandardized core sampling protocols were used by
Lithium One. Initially, during the 2008 drilling program, core was
sampled at 2.5 m intervals, and subsequently at 1.5 m intervals. A
selective sampling procedure was used based on lithological
contacts, where the maximum (and most common) sample interval was
1.5 m. Shorter samples were collected to define geological domains.
Channel samples were also sampled at 1.5 m intervals.Sample
intervals were marked by appropriately qualified geologists. Two
sample tags were placed at the beginning of each sample interval,
while a third copy remained in the sample booklet along with the
associated “from” and “to” information recorded by the geologist. A
geo-technician was responsible for core cutting and for preparing
the samples for dispatch to the preparation laboratory – Table
Jamésienne de Concertation Minière in Chibougamau (TJCM). Assay
samples were collected on half-core sawed lengthwise using a
diamond saw; the remaining half was replaced in the core box for
future reference. Quarter core duplicates were collected
frequently.2017/2018 DrillingSample intervals were
determined based on observations of the lithology and
mineralization and were marked and tagged by the geologist. The
typical sample length was 1.5 m but varied according to
lithological contacts between the mineralized pegmatite and the
country rock. In general, one country rock sample was collected
from each side of the contact with the pegmatite.The drill core was
split lengthwise; one half was placed in a plastic bag with a
sample tag, and the other half was left in the core box with a
second sample tag for reference. The third sample tag was archived
on site. The samples were then catalogued and placed in rice bags
for shipping. Sample shipment forms were prepared on site, with one
copy inserted with the shipment and a second copy given to the
carrier. One copy was kept for reference. The samples were
transported regularly by contractors’ truck directly to the ALS
Canada Ltd – ALS Minerals laboratory in Val-d’Or, Québec. At the
ALS facility, the sample shipment was verified, and a confirmation
of receipt of shipment and content was sent digitally to the Galaxy
project manager.The sample sizes (half-core, NQ diameter) are
appropriate for the style, thickness and consistency of the
mineralization at the James Bay Lithium Project.2021 – 2023
DrillingSampling techniques and preparation were
consistent with the 2017/2018 drilling campaigns, with sampling
lengths reduced to 1m within pegmatite lithologies. |
Quality of assay data and laboratory tests |
|
The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is considered
partial or total. For geophysical tools, spectrometers, handheld
XRF instruments, etc., the parameters used in determining the
analysis including instrument make and model, reading times,
calibrations factors applied and their derivation, etc. Nature of
quality control procedures adopted (e.g. standards, blanks,
duplicates, external laboratory checks) and whether acceptable
levels of accuracy (i.e. lack of bias) and precision have been
established. |
|
2008 - 2010 AssayingSamples were shipped from site
in secure containers to Table Jamésienne de Concertation Minière
(TJCM) in Chibougamau for preparation. The protocol for sample
preparation involved weighing, drying, crushing, splitting and
pulverizing. The pulverized pegmatite core samples were shipped
from the TJCM to the COREM Research Laboratory (COREM) in Québec
City. COREM was accredited ISO/IEC 17025:2005 by the Standards
Council of Canada for various testing procedures on April 30, 2009.
The scope of accreditation did not include the specific testing
procedures used by COREM to assay lithium (method code B23).Lithium
One also utilized SGS Mineral Services Lakefield Laboratory (SGS)
as an umpire laboratory to monitor the reliability of assaying
results delivered by the primary laboratory COREM.At COREM,
prepared samples were assayed using three-acid digestion (nitric
acid, hydrofluoric acid, perchloric acid) in boiling water. The
dissolved sample was analysed by atomic absorption (AA)
spectrometry. At SGS, check samples were assayed by sodium peroxide
fusion and atomic absorption spectroscopy. At ALS Minerals,
prepared samples were assayed using four-acid digestion (perchloric
acid, hydrofluoric acid, nitric acid and hydrochloric acid) with
ICP-AES finish. Although a four-acid digest is considered a
near-total digest, common practice for the analysis of pegmatite
material is a sodium-peroxide fusion. Significant verification test
work has been undertaken and has demonstrated that the acid digest
method is robust, and no bias has been observed when compared to
the sodium-peroxide fusion check assays.Samples from 2008 – 2010
represent roughly 14% of the total meterage of the drilling on the
project.2008 - 2010 QAQCLithium One relied partly
on the internal analytical quality control measures implemented by
COREM laboratory. Additionally, Lithium One implemented external
analytical quality control measures consisting of using control
samples (field blanks, in house standards and field duplicates)
inserted with sample batches submitted for assaying in 2009 and
2010, and coarse reject duplicate samples in 2008. Standards were
non-certified and were custom-made from a bulk sample of the
outcropping pegmatite material from the project.Field duplicates
were generated from quarter core samples and inserted every 40
samples.Total insertion rate for QAQC in 2008 – 2010 was 4.2%, with
an additional 2.6% when including umpire assays.Although the
insertion rate of QAQC in 2008 – 2010 was below industry standards,
subsequent check assays have shown that the assay results are
valid. Also, the results from the limited QAQC undertaken at the
time of drilling show no issues.2017/2018
AssayingSamples were shipped to ALS Minerals in Val-d’Or
for preparation and analyses. The laboratory is accredited ISO/IEC
17025:2005 by the Standards Council of Canada for various testing
procedures, however, the scope of accreditation does not include
the specific testing procedure used to assay lithium. Sample
preparation involved the sample material being weighed and crushed
to 70% passing 2 mm. The ground material was then pulverized to 90%
passing 75 microns before being analysed. At ALS Minerals, prepared
samples were assayed for mineralization grade lithium by
specialized four-acid digestion and inductively coupled plasma –
atomic emission spectrometry (ICP-AES) finish (method code
Li-OG63). An approximately 0.4-gr sample was first digested with
perchloric, hydrofluoric, and nitric acid until dry. The residue
was subsequently re-digested in concentrated hydrochloric acid,
cooled and topped up to volume. Finally, the samples were analysed
for lithium by ICP-AES. The method used has a lower detection limit
of 0.005% lithium and an upper limit of 10% lithium.Samples from
2017 represent roughly 44% of the total meterage of the drilling on
the project.2017/2018 QAQCGLCI relied partly on
the internal analytical quality control measures implemented by the
ALS Minerals laboratory, which involved routine pulp duplicate
analyses. GLCI also implemented external analytical quality control
measures including the insertion of control samples (blanks, in
house standards and field duplicates) with sample batches submitted
for assaying at ALS Minerals in 2017. In 2017, a number of pulp
samples were also re-submitted to the SGS laboratory in Lakefield,
Ontario for umpire check assays. In 2020, additional pulp samples
were resubmitted to Nagrom Analytical, Perth.Duplicate samples were
inserted into each sample series at a rate of one in every
20 samples. Duplicates corresponded to a quarter core from the
sample left behind as reference.Total insertion rate for QAQC in
2017 was 12.4%, with which increases up to 16.6% when including
umpire assays.The rate of insertion of QAQC samples in 2017 was
much improved compared to 2008 – 2010 period. No biases were
identified, and a minor failure was identified in the low-grade
standard which was investigated and no issues were
identified.2021 - 2023 AssayingSamples were
shipped to ALS Minerals in Val-d’Or for preparation and analyses.
The laboratory is accredited ISO/IEC 17025:2005 by the Standards
Council of Canada for various testing procedures, however, the
scope of accreditation does not include the specific testing
procedure used to assay lithium. Sample preparation (code PREP-31A)
involved the sample material being weighed and crushed to 70%
passing 2 mm, with a riffle split of 250g pulverized to 85% passing
75 microns before being analysed. At ALS Minerals, prepared samples
were assayed for mineralization-grade lithium by sodium-peroxide
fusion and digestion followed by inductively coupled plasma –
atomic emission spectrometry (ICP-AES) finish (method code
ME-ICP81). The method used has a lower detection limit of 0.001%
lithium and an upper limit of 10% lithium.Samples from 2021 - 2023
represent roughly 42% of the total meterage of the drilling on the
project.2021 - 2023 QAQCGLCI implemented external
analytical quality control measures including the insertion of
control samples (blanks and in house standards) with sample batches
submitted for assaying at ALS Minerals at a rate of 1 QAQC sample
for every 9 samples. A number of pulp samples were also
re-submitted to the SGS laboratory in Lakefield, Ontario for umpire
check assays.Total insertion rate for QAQC between 2021 and 2023
was roughly 12% when including umpire assays.No biases were
identified, and two minor blank failures were identified and a
re-analysis was requested. The re-analyses returned similar results
to the original assays. |
Verification of sampling and assaying |
|
The verification of significant intersections by either independent
or alternative company personnel. The use of twinned holes.
Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols.
Discuss any adjustment to assay data. |
|
James Purchase, P. Geo, Geology Manager for Galaxy Lithium (Canada)
Inc. has visually assessed and verified significant intersections
of drill core described in this announcement and has witnessed
outcropping spodumene mineralization in the field. A selection of
drill collar coordinates was validated by handheld GPS, and core
and sample storage and security facilities were inspected. Channel
sample outcrops were also inspected and found to be of
high-quality. Numerous site visits have taken place since 2021, the
most recent being in June 2023.It should be noted that the drilling
between 2021 and 2023 was managed by independent geological
contractors and was conducted by professional geologists registered
in the Province of Québec.Data collection and entry procedures were
also reviewed and found to be adequate. Various reanalyses of pulps
have shown that there are very immaterial differences between
analysing using a standard 4-acid digest and a peroxide fusion for
the James Bay lithium deposit. No clear and consistent biases were
defined during investigations into QAQC performances, and any
failures were duly investigated and found to be minor. |
Location of data points |
|
Accuracy and quality of surveys used to locate drill holes (collar
and down-hole surveys), trenches, mine workings and other locations
used in Mineral Resource estimation.Specification of the grid
system used.Quality and adequacy of topographic control. |
|
Drill collars were surveys by an external contractor using RTK
methodology in UTM (Universal Transverse Mercator) Zone 18N. Datum
is NAD83.Downhole surveys were completed using an EZ-TRAC multishot
tool provided by REFLEX. Declination (-14.2) was removed to correct
the data from magnetic north to geographic north. At the collar, a
TN14 tool was used to measure the dip and azimuth of the
casing.Topographic controls are informed by a LiDAR survey
completed recently on the project. |
Data Spacing and distribution |
|
Data spacing for reporting of Exploration Results.Whether the data
spacing and distribution is sufficient to establish the degree of
geological and grade continuity appropriate for the Mineral
Resource and Ore Reserve estimation procedure(s) and
classifications applied.Whether sample compositing has been
applied. |
|
In the NW Sector, drilling has been completed on a nominal 80m x
80m spacing.The remainder of the deposit has been drilled at a
nominal spacing of between 40 and 50 metres to satisfy the
classification of the deposit as Indicated Mineral Resources.No
sample compositing has been undertaken for the purposes of
reporting exploration results. |
Orientation of data in relation to geological
structure |
|
Whether the orientation of sampling achieves unbiased sampling of
possible structures and the extent to which this is known,
considering the deposit type.If the relationship between the
drilling orientation and the orientation of key mineralised
structures is considered to have introduced a sampling bias, this
should be assessed and reported if material. |
|
As the pegmatite dykes in the NW Sector are concealed by 5 – 15m of
glacial till, it was difficult to accurately orientate the drilling
at a perpendicular angle to the pegmatites as limited information
was available at the time. As drilling progressed, it become
apparent that the drilling was intersecting the pegmatites at a
sub-optimal angle, and that the true thickness of pegmatites in
drilling represent between 60 – 80% of the apparent thickness
(downhole thicknesses). Although this angle is sub-optimal, the
author does not believe this has introduced a sampling bias.The
orientation of the dykes are well understood for the remainder of
the deposit where outcrop is abundant, and drilling has been
oriented perpendicular to the dyke contacts. |
Sample Security |
|
The measures taken to ensure sample security. |
|
Drill core, sample rejects and sample pulps are stored in a secure
environment (in a locked dome structure) at the Relai Routier 381
truck stop. Sample pulps are stored in a locked container adjacent
to the dome. |
Audits or reviews |
|
The results of any audits or reviews of sampling techniques and
data |
|
Sampling techniques were reviewed by previous employees of Galaxy
Lithium, and also by James Purchase, P.Geo, the QP of the previous
Mineral Resource released in the 2021 feasibility study. In
addition, external geological contractors were engaged during
drilling activities to monitor the QAQC data and logging procedures
to ensure that industry best practises were followed. |
Section 2: Reporting of Exploration
Results
Criteria |
|
JORC Code explanation |
|
Commentary |
Mineral tenement and land tenure status |
|
- Type, reference name/number, location and ownership including
agreements or material issues with third parties such as joint
ventures, partnerships, overriding royalties, native title
interests, historical sites, wilderness or national park and
environmental settings.
- The security of the tenure held at the time of reporting along
with any known impediments to obtaining a license to operate in the
area.
|
|
The Project comprises 224 mining titles located primarily in NTS
map sheet 33C/03, covering an area of approximately
11,130 hectares. The boundaries of the claims have not been legally
surveyed. All claims are in good standing, with expiry dates
between June 12, 2024, and November 2, 2025. The claims
are “CDC”-type claims which gives its holder the exclusive right to
search for mineral substances. No Mining Lease has been issued for
the project. The claims are registered
under Galaxy Lithium (Canada) Inc. (“GLCI”), Galaxy
Lithium (Ontario) Inc. (“GLOI”) or Select Lithium Corp (claims
currently being transferred to GLCI). |
Exploration done by other parties |
|
- Acknowledgment and appraisal of exploration by other
parties.
|
|
Prospector Jean Cyr first discovered spodumene pegmatite outcrops
on the property in 1964. The property was staked in 1966 by Mr. Cyr
and was optioned by the SDBJ in 1974, who after conducting some
exploration on the property, returned it to Mr. Cyr on June 10,
1986.Commencing in 1974, SDBJ conducted an exploration program that
consisted of geological mapping, systematic sampling and diamond
drilling of the mineralized outcrops to evaluate the lithium
potential of the property. The mapping defined an area of 45,000
square metres of outcropping spodumene dykes.The Centre de
Recherches Minérales du Québec conducted concentration tests and
chemical analyses in 1975. A composite sample of the spodumene
pegmatite grading 1.7% Li2O yielded a spodumene concentrate grading
an average of 6.2% Li2O with a recovery factor of 71%. LithiumOne
acquired the claims in 2007 and embarked on an exploration campaign
designed to produce a maiden mineral resource on the property. In
2012, Galaxy Resources Limited merged with Lithium One. |
Geology |
|
- Deposit type, geological setting and style of
mineralization.
|
|
The Project is in the north-eastern part of the Superior
Province. It lies within the Lower Eastmain Group of the Eastmain
greenstone belt, which consists predominantly of amphibolite grade
mafic to felsic metavolcanic rocks,
metasedimentary rocks and minor gabbroic intrusions.The
property is underlain by the Auclair Formation,
consisting mainly of paragneisses of probable sedimentary
origin which surround the pegmatite dykes to the northwest and
southeast. Volcanic rocks of the Komo Formation occur to
the north of the pegmatite dykes. The greenstone rocks are
surrounded by Mesozonal to catazonal migmatite
and gneiss. All rock units are Archean in age. The pegmatites
delineated on the property to date are oriented in a generally
parallel direction to each other and are separated by barren host
rock of sedimentary origin (metamorphosed to amphibolite facies).
They form irregular dykes attaining up to 60 m in width and
over 200 m in length. The pegmatites crosscut the regional
foliation at a high angle, striking to the south-southwest and
dipping moderately to the west-northwest. Spodumene is the
principal source of lithium found at
the Project. Spodumene is a relatively rare pyroxene that
is composed of lithium (8.03% Li2O), aluminium (27.40% Al2O3), and
silica (64.57% SiO2). It is found in lithium rich granitic
pegmatites, with its occurrence associated with quartz, microcline,
albite, muscovite, lepidolite, tourmaline and beryl. |
Drill hole Information |
|
- A summary of all information material to the understanding of
the exploration results including a tabulation of the following
information for all Material drill holes:
- easting and northing of the drill hole collar
- elevation or RL (Reduced Level – elevation above sea level in
meters) of the drill hole collar
- dip and azimuth of the hole
- down hole length and interception depth
- hole length.
|
|
All drill collars and hole directions are presented in Appendix 2
and 3. Most holes are inclined 45 – 70 degrees towards the
southeast. |
Data aggregation methods |
|
- In reporting Exploration Results, weighting averaging
techniques, maximum and/or minimum grade truncations (e.g. cutting
of high grades) and cut-off grades are usually Material and should
be stated.
- Where aggregate intercepts incorporate short lengths of
high-grade results and longer lengths of low-grade results, the
procedure used for such aggregation should be stated and some
typical examples of such aggregations should be shown in
detail.
- The assumptions used for any reporting of metal equivalent
values should be clearly stated.
|
|
No capping has been applied for the purpose of reporting
exploration results.Lower cut-off used for reporting is 0.4% Li2O%;
minimum 4m true width interval; maximum 2m of internal waste. Only
samples logged as pegmatite have been reported.No metal equivalent
values are used. Li% assays have been multiplied by 2.153 to
transform them to Li2O%. |
Relationship between mineralization widths and intercept
lengths |
|
- These relationships are particularly important in the reporting
of Exploration Results.
- If the geometry of the
mineralization with respect to the drill hole angle is known, its
nature should be reported.
- If it is not known and only the down hole lengths are reported,
there should be a clear statement to this effect (e.g. ‘down hole
length, true width not known’).
|
|
Lithium mineralization in the NW Sector occurs as thick, steeply
dipping pegmatite dykes ranging between 4 and 30 metres thick (true
thickness), with some dykes coalescing up to 85m true thickness in
the core of the pegmatite swarm. Due to the sub-optimal angle of
intercept between the drilling at the assumed orientation of the
pegmatite dykes in the NW Sector, true widths have been estimated
at between 60% and 80% of downhole widths. |
Diagrams |
|
- Appropriate maps and sections (with scales) and tabulations of
intercepts should be included for any significant discovery being
reported These should include, but not be limited to a plan view of
drill hole collar locations and appropriate sectional views.
|
|
A map view has been provided. |
Balanced reporting |
|
- Where comprehensive reporting of all Exploration Results is not
practicable, representative reporting of both low and high grades
and/or widths should be practiced to avoid misleading reporting of
Exploration Results.
|
|
All significant intersections above 0.4% Li2O with a minimum true
width of 4m have been reported. A maximum internal waste of 2m has
been allowed. |
Other substantive exploration data |
|
- Other exploration data, if meaningful and material, should be
reported including (but not limited to): geological observations;
geophysical survey results; geochemical survey results; bulk
sample– size and method of treatment; metallurgical test results;
bulk density, groundwater, geotechnical and rock characteristics;
potential deleterious or contaminating substances.
|
|
Bulk sampling was conducted on the property in 2011, a four test
pits were dug to obtain metallurgical samples. An IP survey
undertaken in 2020 and 2021 has uncovered potential extensions of
mineralization to the east of the property, east of the
Billy-Diamond Highway.Re-assaying of pulps using multi-element
sodium-peroxide fusion methods has not returned economic
concentrations of tantalum, tin or other elements of economic
importance apart from Lithium. |
Further work |
|
- The nature and scale of planned
further work (e.g. tests for lateral extensions or depth extensions
or large-scale step-out drilling).
- Diagrams clearly highlighting the areas of possible extensions,
including the main geological interpretations and future drilling
areas, provided this information is not commercially
sensitive.
|
|
Downhole televiewer survey is planned to determine geometry of
newly discovered pegmatites in the NW Sector. In addition, an
aeromagnetic survey covering NW Sector has just been concluded and
results should be available shortly.Infill drilling at the NW
Sector is planned, with additional step-out exploration drilling to
identify additional pegmatite dykes. |
Appendix 2: All drillhole collars from
the 2023 drilling program.
Hole ID |
TYPE |
UTM 18N East |
UTM 18N North |
RL |
Depth |
Dip |
UTM 18N Azimuth |
JBL-22-093 |
DDH |
359220 |
5789142 |
232 |
102 |
-45 |
112 |
JBL-22-094 |
DDH |
359108 |
5789105 |
238 |
177 |
-45 |
112 |
JBL-22-095 |
DDH |
358989 |
5789293 |
236 |
102 |
-45 |
122 |
JBL-22-096 |
DDH |
359112 |
5789137 |
234 |
176.4 |
-45 |
112 |
JBL-22-097 |
DDH |
358947 |
5789320 |
237 |
160 |
-45 |
122 |
JBL-22-098 |
DDH |
359126 |
5789175 |
233 |
192.6 |
-45 |
112 |
JBL-22-099 |
DDH |
358853 |
5789321 |
239 |
102 |
-45 |
112 |
JBL-22-100 |
DDH |
358989 |
5788959 |
226 |
222 |
-45 |
112 |
JBL-22-101 |
DDH |
358830 |
5789401 |
225 |
102 |
-45 |
112 |
JBL-22-102 |
DDH |
359253 |
5789254 |
226 |
81 |
-45 |
112 |
JBL-22-103 |
DDH |
358751 |
5789422 |
223 |
135 |
-48 |
117 |
JBL-22-104 |
DDH |
359243 |
5789221 |
227 |
72 |
-43 |
112 |
JBL-22-105 |
DDH |
359190 |
5789243 |
227 |
126.25 |
-43 |
112 |
JBL-22-106 |
DDH |
358811 |
5789349 |
231 |
126 |
-45 |
112 |
JBL-22-107 |
DDH |
359133 |
5789217 |
230 |
177 |
-43 |
112 |
JBL-22-108 |
DDH |
358655 |
5789416 |
221 |
177 |
-60 |
112 |
JBL-22-109 |
DDH |
358701 |
5789155 |
233 |
249 |
-44 |
117 |
JBL-22-110 |
DDH |
358971 |
5789127 |
243 |
300.1 |
-45 |
112 |
JBL-22-111 |
DDH |
358360 |
5789520 |
219 |
201 |
-45 |
112 |
JBL-22-112 |
DDH |
358804 |
5789076 |
229 |
282 |
-45 |
122 |
JBL-22-113 |
DDH |
358029 |
5789407 |
225 |
90 |
-45 |
122 |
JBL-22-114 |
DDH |
357977 |
5789423 |
226 |
147.1 |
-45 |
122 |
JBL-22-115 |
DDH |
358997 |
5789082 |
239 |
276 |
-55 |
112 |
JBL-22-116 |
DDH |
358067 |
5789750 |
214 |
87 |
-45 |
112 |
JBL-22-116A |
DDH |
358069 |
5789754 |
214 |
18 |
-45 |
112 |
JBL-22-117 |
DDH |
358759 |
5789179 |
240 |
201 |
-45 |
112 |
JBL-22-118 |
DDH |
358042 |
5789706 |
215 |
102 |
-45 |
112 |
JBL-22-119 |
DDH |
358971 |
5789180 |
245 |
300 |
-45 |
112 |
JBL-22-120 |
DDH |
358045 |
5789835 |
213 |
177 |
-45 |
112 |
JBL-23-001 |
DDH |
359008 |
5789224 |
240 |
285 |
-43 |
112 |
JBL-23-002 |
DDH |
357657 |
5789785 |
214 |
510 |
-45 |
142 |
JBL-23-003 |
DDH |
357495 |
5789831 |
213 |
336 |
-45 |
162 |
JBL-23-004 |
DDH |
359027 |
5789258 |
236 |
279 |
-43 |
112 |
JBL-23-005 |
DDH |
357428 |
5789816 |
213 |
201 |
-45 |
162 |
JBL-23-006 |
DDH |
357391 |
5789801 |
214 |
219 |
-45 |
162 |
JBL-23-007 |
DDH |
357723 |
5789788 |
213 |
111 |
-50 |
142 |
JBL-23-008 |
DDH |
359144 |
5789527 |
224 |
102 |
-45 |
112 |
JBL-23-009 |
DDH |
357717 |
5789834 |
214 |
252 |
-41 |
152 |
JBL-23-010 |
DDH |
357201 |
5790265 |
207 |
250 |
-45 |
152 |
JBL-23-011 |
DDH |
357294 |
5789806 |
213 |
111 |
-47 |
147 |
JBL-23-012 |
DDH |
357262 |
5789862 |
211 |
132 |
-44 |
152 |
JBL-23-013 |
DDH |
357691 |
5789865 |
213 |
129 |
-50 |
142 |
JBL-23-013A |
DDH |
357689 |
5789870 |
213 |
21 |
-50 |
142 |
JBL-23-014 |
DDH |
357227 |
5789866 |
210 |
159 |
-45 |
152 |
JBL-23-015 |
DDH |
357652 |
5789853 |
213 |
327 |
-50 |
142 |
JBL-23-016 |
DDH |
357197 |
5789840 |
210 |
135 |
-45 |
152 |
JBL-23-017 |
DDH |
357218 |
5789798 |
213 |
102 |
-45 |
152 |
JBL-23-018 |
DDH |
357134 |
5789833 |
210 |
195 |
-44 |
161 |
JBL-23-019 |
DDH |
357132 |
5790224 |
207 |
250 |
-45 |
152 |
JBL-23-020 |
DDH |
357112 |
5789881 |
210 |
150 |
-45 |
161 |
JBL-23-021 |
DDH |
357660 |
5789904 |
212 |
147 |
-50 |
142 |
JBL-23-022 |
DDH |
357623 |
5789887 |
212 |
156.3 |
-50 |
142 |
JBL-23-023 |
DDH |
357071 |
5789880 |
210 |
150 |
-45 |
162 |
JBL-23-024 |
DDH |
357285 |
5790125 |
208 |
282 |
-45 |
152 |
JBL-23-025 |
DDH |
357574 |
5789891 |
212 |
207 |
-55 |
142 |
JBL-23-026 |
DDH |
357033 |
5789870 |
210 |
150 |
-44 |
162 |
JBL-23-027 |
DDH |
357454 |
5789950 |
210 |
294.5 |
-55 |
162 |
JBL-23-028 |
DDH |
356989 |
5789857 |
210 |
150 |
-45 |
162 |
JBL-23-029 |
DDH |
357010 |
5789809 |
210 |
105 |
-45 |
162 |
JBL-23-030 |
DDH |
357532 |
5789972 |
210 |
300 |
-45 |
162 |
JBL-23-031 |
DDH |
357214 |
5790084 |
208 |
325 |
-45 |
152 |
JBL-23-032 |
DDH |
357558 |
5789652 |
214 |
300 |
-45 |
142 |
JBL-23-033 |
DDH |
357531 |
5789973 |
210 |
252 |
-70 |
152 |
JBL-23-034 |
DDH |
357592 |
5789677 |
214 |
351 |
-45 |
142 |
JBL-23-035 |
DDH |
357505 |
5789905 |
211 |
363.3 |
-45 |
162 |
JBL-23-036 |
DDH |
357695 |
5789650 |
214 |
402 |
-47 |
142 |
JBL-23-036A |
DDH |
357696 |
5789651 |
214 |
24 |
-47 |
142 |
JBL-23-037 |
DDH |
357529 |
5789850 |
213 |
325.7 |
-45 |
162 |
JBL-23-038 |
DDH |
357471 |
5789896 |
211 |
351 |
-50 |
162 |
JBL-23-039 |
DDH |
357278 |
5790019 |
210 |
252 |
-50 |
152 |
JBL-23-040 |
DDH |
357129 |
5790394 |
208 |
300 |
-45 |
142 |
JBL-23-041 |
DDH |
357356 |
5789989 |
210 |
171 |
-46 |
164 |
JBL-23-042 |
DDH |
357151 |
5790434 |
208 |
318 |
-45 |
142 |
JBL-23-043 |
DDH |
357516 |
5789880 |
211 |
714 |
-48 |
152 |
JBL-23-044 |
DDH |
357308 |
5789944 |
211 |
87 |
-47 |
164 |
JBL-23-045 |
DDH |
357357 |
5790164 |
208 |
252 |
-45 |
152 |
JBL-23-045A |
DDH |
357354 |
5790167 |
208 |
23.6 |
-45 |
152 |
JBL-23-046 |
DDH |
357103 |
5790489 |
208 |
336 |
-45 |
142 |
JBL-23-047 |
DDH |
357270 |
5790305 |
207 |
300 |
-45 |
152 |
JBL-23-048 |
DDH |
357037 |
5790443 |
208 |
312 |
-45 |
142 |
JBL-23-049 |
DDH |
357146 |
5790043 |
208 |
321 |
-45 |
152 |
JBL-23-050 |
DDH |
356988 |
5790501 |
208 |
300 |
-45 |
142 |
JBL-23-051 |
DDH |
357070 |
5790362 |
208 |
261 |
-45 |
142 |
JBL-23-052 |
DDH |
357316 |
5790227 |
207 |
303 |
-45 |
152 |
JBL-23-053 |
DDH |
357061 |
5790583 |
207 |
300 |
-45 |
142 |
JBL-23-054 |
DDH |
357248 |
5790189 |
208 |
312 |
-45 |
152 |
JBL-23-055 |
DDH |
357645 |
5790028 |
209 |
150 |
-45 |
142 |
JBL-23-056 |
DDH |
357403 |
5790088 |
209 |
300 |
-45 |
152 |
JBL-23-057 |
DDH |
356978 |
5790573 |
207 |
402 |
-46 |
142 |
JBL-23-058 |
DDH |
357803 |
5790037 |
208 |
102 |
-45 |
142 |
JBL-23-059 |
DDH |
357993 |
5789453 |
224 |
141 |
-45 |
127 |
JBL-23-060 |
DDH |
357958 |
5789395 |
225 |
51 |
-45 |
122 |
JBL-23-061 |
DDH |
358032 |
5789495 |
223 |
450 |
-45 |
112 |
JBL-23-062 |
DDH |
357331 |
5790057 |
209 |
276 |
-45 |
152 |
JBL-23-063 |
DDH |
356936 |
5790459 |
209 |
300 |
-45 |
142 |
JBL-23-064 |
DDH |
357201 |
5789983 |
210 |
276 |
-50 |
152 |
JBL-23-065 |
DDH |
356982 |
5790405 |
209 |
306 |
-45 |
142 |
JBL-23-067 |
DDH |
357214 |
5790466 |
208 |
300 |
-44 |
141 |
JBL-23-069 |
DDH |
357161 |
5790528 |
207 |
315 |
-45 |
142 |
JBL-23-072 |
DDH |
357107 |
5790298 |
208 |
312 |
-45 |
147 |
JBL-23-073 |
DDH |
357178 |
5790150 |
207 |
150 |
-45 |
155 |
JBL-23-074 |
DDH |
357111 |
5790596 |
207 |
315.3 |
-45 |
142 |
JBL-23-075 |
DDH |
357190 |
5790208 |
206 |
201 |
-45 |
155 |
JBL-23-076 |
DDH |
357019 |
5790341 |
209 |
300 |
-45 |
147 |
JBL-23-077 |
DDH |
357264 |
5790243 |
207 |
312 |
-47 |
152 |
JBL-23-078 |
DDH |
357057 |
5790660 |
206 |
300 |
-45 |
142 |
JBL-23-079 |
DDH |
357008 |
5790424 |
209 |
300 |
-45 |
147 |
JBL-23-080 |
DDH |
357214 |
5790394 |
208 |
300 |
-47 |
147 |
JBL-23-081 |
DDH |
356937 |
5790510 |
208 |
357 |
-47 |
147 |
JBL-23-082 |
DDH |
357013 |
5790618 |
207 |
372 |
-45 |
142 |
JBL-23-083 |
DDH |
357317 |
5790141 |
208 |
201 |
-45 |
152 |
JBL-23-084 |
DDH |
357354 |
5790166 |
208 |
150 |
-45 |
107 |
JBL-23-085 |
DDH |
356988 |
5790407 |
209 |
330 |
-45 |
105 |
JBL-23-085A |
DDH |
356988 |
5790407 |
209 |
44.15 |
-45 |
107 |
JBL-23-086 |
DDH |
357298 |
5790354 |
207 |
150.35 |
-45 |
107 |
JBL-23-087 |
DDH |
358458 |
5789341 |
231 |
552 |
-55 |
112 |
JBL-23-088 |
DDH |
357035 |
5790275 |
209 |
177 |
-45 |
107 |
JBL-23-089 |
DDH |
357391 |
5789925 |
209 |
327 |
-48 |
150 |
JBL-23-089A |
DDH |
357391 |
5789923 |
209 |
24.9 |
-48 |
152 |
JBL-23-090 |
DDH |
358801 |
5789116 |
237 |
552 |
-55 |
111 |
JBL-23-091 |
DDH |
359663 |
5788941 |
217 |
156 |
-45 |
112 |
JBL-23-092 |
DDH |
359447 |
5789097 |
231 |
147 |
-45 |
112 |
JBL-23-093 |
DDH |
359493 |
5789213 |
227 |
149.65 |
-45 |
112 |
JBS-23-066 |
DDH |
356201 |
5790286 |
211 |
126 |
-50 |
142 |
JBS-23-068 |
DDH |
356200 |
5790141 |
215 |
126 |
-50 |
142 |
JBS-23-070 |
DDH |
356298 |
5789990 |
211 |
126 |
-50 |
142 |
JBS-23-071 |
DDH |
356104 |
5789936 |
211 |
126 |
-50 |
142 |
Appendix 3: New Significant Assay Results
since announcement on May 4th,
2023.
Notes: Lower reporting cut-off 0.4% Li2O%;
minimum 4m true thickness interval; maximum 2m of internal waste.
Assay results are only reported within logged pegmatite intervals.
Estimated true thicknesses are calculated from the intersection of
the downhole surveys with three separate planes, depending on
location, representing the geometry of the pegmatite dykes.
Drillhole |
From (m) |
To (m) |
Downhole Thickness (m) |
Estimated True Thickness (m) |
Li20% |
JBL-22-094 |
23.5 |
28.5 |
5.0 |
4.9 |
1.76 |
64.0 |
68.8 |
4.8 |
4.8 |
1.12 |
125.1 |
137.6 |
12.5 |
12.3 |
1.30 |
139.6 |
145.1 |
5.5 |
5.5 |
1.45 |
JBL-22-095 |
74.7 |
78.8 |
4.1 |
4.1 |
1.28 |
JBL-22-096 |
60.3 |
65.3 |
5.0 |
5.0 |
1.04 |
114.6 |
123.7 |
9.1 |
9.0 |
1.14 |
136.3 |
141.1 |
4.8 |
4.7 |
2.01 |
JBL-22-097 |
111.7 |
116.5 |
4.8 |
4.7 |
1.35 |
JBL-22-098 |
122.4 |
134.4 |
12.0 |
11.8 |
1.58 |
JBL-22-099 |
7.3 |
11.6 |
4.4 |
4.3 |
1.11 |
JBL-22-100 |
176.1 |
184.1 |
8.0 |
8.0 |
1.16 |
JBL-22-102 |
49.3 |
60.3 |
11.0 |
10.9 |
1.14 |
JBL-22-103 |
3.6 |
8.0 |
4.4 |
4.3 |
0.84 |
52.1 |
68.3 |
16.2 |
16.0 |
1.10 |
JBL-22-105 |
98.0 |
104.3 |
6.3 |
6.3 |
0.77 |
JBL-22-106 |
20.6 |
30.3 |
9.7 |
9.6 |
1.64 |
71.1 |
75.8 |
4.7 |
4.6 |
1.06 |
JBL-22-107 |
135.0 |
144.0 |
9.0 |
8.9 |
1.08 |
JBL-22-108 |
114.5 |
119.2 |
4.7 |
4.4 |
0.82 |
133.3 |
144.0 |
10.8 |
10.0 |
1.12 |
JBL-22-109 |
83.8 |
101.6 |
17.8 |
17.4 |
1.38 |
118.0 |
125.9 |
7.9 |
7.7 |
1.97 |
133.3 |
144.6 |
11.3 |
11.1 |
2.10 |
JBL-22-110 |
172.1 |
176.2 |
4.1 |
4.1 |
1.40 |
246.0 |
252.3 |
6.3 |
6.2 |
1.06 |
JBL-22-112 |
268.0 |
274.2 |
6.1 |
5.8 |
0.57 |
JBL-22-114 |
43.0 |
47.9 |
4.9 |
4.8 |
0.97 |
JBL-22-115 |
39.3 |
44.7 |
5.4 |
5.2 |
1.69 |
63.3 |
69.0 |
5.7 |
5.4 |
1.42 |
206.1 |
212.1 |
6.0 |
5.7 |
1.29 |
221.2 |
238.1 |
17.0 |
16.2 |
1.48 |
JBL-22-117 |
7.0 |
11.7 |
4.7 |
4.6 |
1.23 |
16.1 |
26.5 |
10.4 |
10.2 |
1.59 |
64.0 |
70.8 |
6.8 |
6.7 |
1.48 |
79.5 |
85.2 |
5.8 |
5.7 |
1.32 |
88.0 |
96.4 |
8.5 |
8.3 |
1.52 |
102.9 |
107.9 |
5.1 |
5.0 |
1.79 |
156.6 |
163.9 |
7.3 |
7.1 |
1.48 |
JBL-22-119 |
9.8 |
14.9 |
5.1 |
5.1 |
1.08 |
103.0 |
107.6 |
4.6 |
4.6 |
1.23 |
257.5 |
263.5 |
6.0 |
5.9 |
1.29 |
278.2 |
285.0 |
6.8 |
6.7 |
1.21 |
JBL-23-001 |
222.5 |
228.2 |
5.7 |
5.6 |
1.38 |
JBL-23-002 |
9.1 |
13.6 |
4.5 |
4.1 |
0.88 |
42.0 |
124.0 |
82.0 |
74.7 |
1.52 |
239.2 |
253.5 |
14.3 |
12.7 |
1.38 |
267.7 |
305.9 |
38.2 |
33.6 |
1.42 |
351.0 |
374.8 |
23.8 |
20.6 |
1.24 |
381.0 |
394.6 |
13.7 |
11.8 |
1.41 |
397.7 |
405.8 |
8.1 |
7.0 |
1.71 |
426.8 |
434.2 |
7.4 |
6.3 |
1.22 |
452.3 |
471.6 |
19.3 |
16.3 |
1.46 |
JBL-23-003 |
113.0 |
149.7 |
36.7 |
28.5 |
1.54 |
229.8 |
235.7 |
5.9 |
4.5 |
1.32 |
242.8 |
267.6 |
24.8 |
19.0 |
1.17 |
JBL-23-004 |
36.4 |
42.8 |
6.4 |
6.3 |
0.93 |
231.3 |
235.4 |
4.2 |
4.1 |
0.77 |
JBL-23-009 |
27.5 |
40.9 |
13.4 |
11.5 |
1.26 |
JBL-23-011 |
33.2 |
45.0 |
11.8 |
10.2 |
1.54 |
JBL-23-012 |
6.0 |
12.0 |
6.0 |
5.1 |
1.25 |
30.0 |
53.0 |
23.0 |
19.7 |
1.29 |
108.2 |
115.2 |
7.0 |
5.9 |
1.71 |
JBL-23-013 |
21.0 |
33.9 |
12.9 |
11.7 |
1.93 |
64.2 |
68.7 |
4.5 |
4.1 |
1.40 |
72.3 |
79.9 |
7.6 |
6.8 |
1.26 |
JBL-23-014 |
26.0 |
37.0 |
11.0 |
9.3 |
1.51 |
131.0 |
136.4 |
5.5 |
4.5 |
0.95 |
JBL-23-015 |
5.5 |
10.0 |
4.6 |
4.1 |
1.60 |
53.2 |
65.5 |
12.3 |
11.1 |
1.47 |
92.1 |
105.9 |
13.9 |
12.5 |
1.63 |
270.7 |
280.4 |
9.8 |
8.5 |
1.60 |
JBL-23-016 |
16.7 |
27.4 |
10.8 |
9.1 |
1.35 |
104.1 |
120.0 |
15.9 |
13.3 |
1.83 |
JBL-23-017 |
51.4 |
76.4 |
25.0 |
20.9 |
1.82 |
JBL-23-018 |
137.2 |
144.2 |
7.0 |
5.3 |
1.50 |
JBL-23-020 |
33.0 |
43.0 |
10.0 |
7.8 |
1.60 |
JBL-23-021 |
42.8 |
56.5 |
13.8 |
12.5 |
1.62 |
109.2 |
120.0 |
10.8 |
9.7 |
1.13 |
JBL-23-022 |
21.5 |
28.7 |
7.2 |
6.6 |
1.25 |
42.1 |
48.0 |
6.0 |
5.4 |
1.82 |
60.0 |
65.0 |
5.0 |
4.5 |
0.86 |
84.9 |
99.7 |
14.9 |
13.4 |
1.19 |
135.0 |
144.9 |
9.8 |
8.9 |
1.35 |
JBL-23-023 |
61.2 |
72.0 |
10.8 |
8.3 |
1.02 |
JBL-23-025 |
2.9 |
19.1 |
16.2 |
14.4 |
1.62 |
77.9 |
90.8 |
12.9 |
11.4 |
1.95 |
145.9 |
151.1 |
5.2 |
4.6 |
1.19 |
185.0 |
195.9 |
10.9 |
9.6 |
1.51 |
JBL-23-026 |
93.0 |
110.0 |
17.0 |
13.0 |
1.67 |
JBL-23-027 |
130.9 |
146.9 |
16.0 |
12.7 |
1.80 |
171.5 |
185.3 |
13.8 |
10.9 |
1.17 |
217.6 |
223.5 |
5.9 |
4.6 |
0.74 |
240.8 |
249.7 |
8.9 |
7.0 |
0.71 |
257.4 |
264.5 |
7.1 |
5.5 |
1.12 |
JBL-23-030 |
102.0 |
116.1 |
14.1 |
11.1 |
1.80 |
160.8 |
166.1 |
5.3 |
4.1 |
1.60 |
237.7 |
244.7 |
7.0 |
5.4 |
1.24 |
JBL-23-033 |
14.8 |
19.9 |
5.1 |
4.0 |
1.39 |
109.5 |
125.3 |
15.8 |
12.5 |
1.54 |
JBL-23-034 |
72.0 |
90.0 |
18.0 |
16.1 |
1.79 |
173.0 |
183.0 |
10.0 |
8.7 |
1.59 |
JBL-23-035 |
27.2 |
36.0 |
8.9 |
6.8 |
0.77 |
135.3 |
141.3 |
6.1 |
4.5 |
1.83 |
201.3 |
226.3 |
25.0 |
18.5 |
1.54 |
296.0 |
317.9 |
21.9 |
15.9 |
1.70 |
324.0 |
332.7 |
8.7 |
6.3 |
0.85 |
338.5 |
351.0 |
12.5 |
9.0 |
1.14 |
JBL-23-036 |
15.0 |
38.0 |
23.0 |
21.0 |
1.81 |
145.0 |
161.0 |
16.0 |
14.3 |
1.78 |
191.0 |
224.0 |
33.0 |
29.3 |
1.35 |
247.0 |
259.2 |
12.2 |
10.7 |
1.69 |
JBL-23-036A |
15.0 |
24.0 |
9.0 |
8.1 |
1.92 |
JBL-23-037 |
131.6 |
155.6 |
24.0 |
18.4 |
1.50 |
240.0 |
259.9 |
19.9 |
14.8 |
1.74 |
272.7 |
278.5 |
5.8 |
4.3 |
1.37 |
282.5 |
307.0 |
24.5 |
18.1 |
1.46 |
JBL-23-038 |
215.0 |
235.8 |
20.8 |
15.4 |
1.56 |
JBL-23-041 |
60.0 |
72.5 |
12.5 |
9.5 |
2.40 |
127.0 |
134.0 |
7.0 |
5.3 |
1.49 |
139.8 |
145.4 |
5.7 |
4.3 |
1.89 |
JBL-23-043 |
180.0 |
186.0 |
6.0 |
5.0 |
1.87 |
198.4 |
206.0 |
7.6 |
6.4 |
1.16 |
294.7 |
305.4 |
10.8 |
8.9 |
1.81 |
311.5 |
345.2 |
33.7 |
27.8 |
1.72 |
JBL-23-043 |
438.0 |
480.5 |
42.5 |
34.4 |
1.48 |
522.4 |
528.0 |
5.6 |
4.4 |
0.55 |
JBL-23-044 |
22.8 |
52.1 |
29.3 |
22.6 |
1.48 |
JBL-23-047 |
251.2 |
256.1 |
4.9 |
4.3 |
1.69 |
JBL-23-049 |
229.8 |
237.1 |
7.3 |
5.4 |
1.45 |
243.4 |
266.0 |
22.6 |
16.6 |
1.68 |
JBL-23-050 |
140.5 |
254.8 |
114.3 |
79.8 |
1.73 |
264.0 |
275.0 |
11.0 |
7.4 |
1.69 |
JBL-23-051 |
91.0 |
108.0 |
17.0 |
11.6 |
1.37 |
JBL-23-053 |
86.0 |
100.0 |
14.1 |
9.9 |
1.60 |
JBL-23-054 |
52.7 |
107.7 |
55.0 |
48.2 |
1.84 |
168.7 |
174.7 |
6.0 |
5.3 |
1.32 |
JBL-23-055 |
47.8 |
54.5 |
6.7 |
6.1 |
1.68 |
JBL-23-059 |
64.0 |
69.0 |
5.0 |
4.8 |
0.85 |
76.9 |
100.8 |
23.9 |
23.1 |
1.63 |
JBL-23-061 |
10.0 |
24.7 |
14.7 |
14.4 |
1.85 |
43.1 |
49.1 |
6.1 |
5.9 |
1.39 |
58.0 |
71.1 |
13.1 |
12.8 |
1.47 |
84.2 |
102.1 |
18.0 |
17.7 |
2.02 |
145.7 |
150.9 |
5.2 |
5.1 |
1.41 |
279.4 |
287.0 |
7.6 |
7.5 |
0.68 |
358.5 |
366.5 |
8.0 |
7.8 |
1.17 |
JBL-23-064 |
181.5 |
205.7 |
24.2 |
19.5 |
1.70 |
225.0 |
233.0 |
8.0 |
6.4 |
1.43 |
JBL-23-065 |
191.0 |
221.0 |
30.0 |
19.7 |
1.94 |
276.0 |
296.0 |
20.0 |
13.1 |
2.80 |
JBL-23-072 |
66.0 |
91.9 |
25.9 |
15.9 |
1.64 |
295.0 |
303.0 |
8.0 |
4.7 |
0.77 |
JBL-23-074 |
29.4 |
39.3 |
9.9 |
6.6 |
1.74 |
258.4 |
271.1 |
12.7 |
8.4 |
1.48 |
280.5 |
299.7 |
19.2 |
12.7 |
1.70 |
JBL-23-076 |
131.0 |
167.0 |
36.0 |
22.3 |
1.83 |
JBL-23-077 |
58.0 |
84.6 |
26.6 |
23.4 |
1.89 |
214.9 |
242.4 |
27.6 |
24.5 |
1.48 |
297.9 |
304.3 |
6.4 |
5.7 |
1.90 |
JBL-23-080 |
45.0 |
65.0 |
20.0 |
13.3 |
1.59 |
120.8 |
129.3 |
8.5 |
5.7 |
1.83 |
JBL-23-081 |
30.0 |
43.7 |
13.7 |
8.8 |
1.70 |
45.6 |
55.0 |
9.4 |
6.0 |
2.12 |
233.0 |
255.0 |
22.0 |
14.2 |
1.55 |
292.3 |
338.7 |
46.4 |
29.6 |
1.80 |
JBL-23-082 |
127.0 |
138.4 |
11.4 |
7.7 |
1.32 |
153.4 |
163.9 |
10.5 |
7.1 |
2.11 |
166.2 |
172.5 |
6.3 |
4.3 |
1.56 |
178.0 |
217.5 |
39.5 |
26.4 |
1.67 |
228.5 |
260.8 |
32.3 |
21.5 |
1.53 |
264.2 |
281.7 |
17.5 |
11.6 |
1.39 |
289.4 |
369.1 |
79.7 |
52.1 |
1.64 |
JBL-23-083 |
108.7 |
152.4 |
43.8 |
38.4 |
1.77 |
154.9 |
161.0 |
6.2 |
5.4 |
1.02 |
JBL-23-084 |
76.5 |
95.3 |
18.8 |
18.2 |
1.77 |
JBL-23-085 |
107.0 |
201.1 |
94.1 |
84.5 |
1.87 |
207.8 |
214.6 |
6.8 |
6.2 |
1.76 |
230.9 |
243.4 |
12.5 |
11.2 |
1.52 |
252.8 |
264.4 |
11.7 |
10.5 |
1.83 |
274.1 |
278.9 |
4.8 |
4.3 |
2.03 |
281.1 |
285.8 |
4.8 |
4.3 |
1.27 |
321.0 |
325.8 |
4.8 |
4.3 |
1.59 |
JBL-23-087 |
68.7 |
75.0 |
6.3 |
6.1 |
0.82 |
88.8 |
96.5 |
7.7 |
7.3 |
1.12 |
110.2 |
118.8 |
8.6 |
8.2 |
1.64 |
185.2 |
195.7 |
10.5 |
9.9 |
1.20 |
216.0 |
222.2 |
6.2 |
5.9 |
1.91 |
JBL-23-089 |
49.2 |
61.8 |
12.6 |
10.8 |
1.65 |
272.0 |
279.0 |
7.0 |
5.8 |
1.12 |
285.0 |
294.0 |
9.0 |
7.4 |
0.71 |
JBL-23-090 |
17.0 |
27.9 |
10.9 |
10.3 |
1.57 |
38.7 |
54.4 |
15.7 |
14.9 |
1.61 |
55.7 |
76.8 |
21.1 |
20.1 |
1.93 |
195.2 |
200.9 |
5.7 |
5.4 |
1.40 |
250.0 |
254.9 |
4.9 |
4.7 |
1.72 |
JBL-23-092 |
59.1 |
64.1 |
5.0 |
4.9 |
1.02 |
Notes: Lower reporting cut-off 0.4% Li2O% based
on geological and geometallurgical parameters; minimum 4m true
thickness interval; maximum 2m of internal waste. Assay results are
only reported within logged pegmatite intervals. Estimated true
thicknesses are calculated from the intersection of the downhole
surveys with three separate planes, depending on location,
representing the geometry of the pegmatite dykes.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/367687c8-2804-489b-b83c-745631c13183https://www.globenewswire.com/NewsRoom/AttachmentNg/35db22b4-5daf-4757-88e4-c18a2c4f3331
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