Pegmatite One is further pleased to report samples that had previously returned overlimit assay values >2.5% Li2O (Sodium Peroxide Fusion), are currently receiving additional higher-grade testing (Sodium Peroxide Fusion with ICP-AES finish) procedures to determine true assay values. The company eagerly anticipates assay results.
Channel sampling has been completed to evaluate the average grade and compositional consistency over the width of the newly discovered spodumene-bearing pegmatite dyke.
Mr.
QUALITY CONTROL/QUALITY ASSURANCE PROCEEDURES
Channel samples were collected as one-metre-long samples, approximately 5 cm wide and 10-15 cm deep, cut from bedrock. The samples were photographed in situ, georeferenced with a handheld Garmin GPS, logged in detail, and photographed in high resolution at the
Pegmatite One remains committed to responsible and professional exploration best practices and the diligent advancement of our mineral assets. We look forward to the results of this channel sampling program, as we work to unlock the full potential of the
Contact:
Tel: +1 (416) 481-2222 x228
Email: kelly@pegmatiteone.com
Web: www.pegmatiteone.com
About
Pegmatite One, a listed entity on the Canadian Securities Exchange, focuses its exploration efforts on lithium and gold resources. With a steadfast commitment to responsible mining practices, we operate three strategically positioned mineral exploration properties. Notably, our flagship asset is the Frazer Lake Mound property in
Forward-Looking Statement
This news release contains forward-looking statements as per applicable securities laws. Such statements, not rooted in historical fact, often use terms like 'may,' 'anticipate,' 'expect,' 'potential,' 'believe,' 'intend,' or their negatives. Key anticipations include: the
The statements hinge on several assumptions and expected future events: the Company's capability to conduct timely and cost-effective activities; maintenance of mineral tenures and concessions; managing economic and financial conditions; navigating exploration and mining hazards; future metal prices; potential discoveries; obtaining timely exploration permits; monetizing mineral resources; abiding by environmental laws; dependence on key personnel and competition in the mining sector.
However, numerous risks could cause actual outcomes to vary significantly from these predictions. These risks encompass: delays and inflated costs; failure to maintain concessions; inability to address economic downturns; unexpected operational hazards; metal price fluctuations; regulatory changes; failure to obtain required permits promptly; inability to realize property potentials or to uphold commitments and unforeseen shifts in the global transition to green technologies.
Readers should note the inherent risks in forward-looking statements, understanding that plans or expectations might not materialize. While such information is deemed reasonable when created, there is no assurance that the anticipated events will transpire. Changes can occur post the date of this release, and the Company isn't bound to update these statements, barring any legal obligation.
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