DIOS acquires Pontax-North Lithium property
January 19 2023 - 10:29AM
Management of
Dios Exploration Inc. (TSX-V:
DOS is very pleased to report
Dios acquired
the
Pontax-North lithium property within James Bay
prolific lithium region of central Quebec, Canada. It is located
north of Pontax River and some 23km south of KM381 facilities.
Pontax-North lithium is also
located some 6 km north (and west) of Pontax-Lithium prospect
(1.16% Li2O over 30.55m) of Striae Resources and about 23 km due
south of Galaxy Resources James Bay/Cyr lithium deposit (40.3Mt
@1.40%Li2O resource) for which Canada Environment federal minister
just gave its approval on January 16 to start this new lithium mine
in James Bay.
The Pontax-North lithium
project covers favourable rocks (paragneiss) along the margins of a
23 by 5-10 km magnetic felsic pluton with a prospective section
some 10-11 km long. Pontax-North claims are also
located in the axis of SW-NE glacial movement and along a cluster
of lithium metal lake sediment anomalies combined with useful other
anomalous critical elements.* The claims are
also located in the vicinities of several magnetic features
intersecting the general SW-NE magnetic trend. Pontax-North
lithium totals 33 wholly-owned claims for 1760 hectares.
Field work is planned in 2023.
Geochemical signature is comparable to
Pivert-Rose deposit and Pontax-Lithium prospect with even higher
values in secondary environment. Pontax-Lithium
(lithium-tantalum-bearing pegmatite dikes) was discovered and
successfully drilled in the scope of former joint
Dios/Sirios Resources exploration project under
supervision of Harold Desbiens M.Sc. P.Geo, V.P. of
Dios & 43-101 Qualified Person, who reviewed
this release.
* Pontax-North
(Li over 15ppm, up to 22.5ppm; Cs>2ppm; Rb > 13ppm, up to
18.2ppm)
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Contact information :Marie-José
Girard, P. Geo M.Sc., 43-101
QPPresidentmjgirard@diosexplo.comTel.
(514) 923-9123
Website:
www.diosexplo.com
Dios Exploration (TSXV:DOS)
Historical Stock Chart
From Dec 2024 to Jan 2025
Dios Exploration (TSXV:DOS)
Historical Stock Chart
From Jan 2024 to Jan 2025