Highlights include:
- Best interval to date at Mirage with 1.59% Li2O over 58.1 meters in drill hole MR-23-49 starting at surface and which extends the flat dipping MR-6 dyke a further 80 meters to the south. Importantly, MR-6 remains open to all directions.
- Evidence of significant dyke stacking with an intercept of 1.71% Li2O over 31.6 meters, including 14.0 meters at 2.32% Li2O in drill hole MR-23-60 at a vertical depth of 60 meters, located 300 meters east from MR-6.
- Several other significant near surface intercepts in drill MR-24-60 including 1.03% Li2O over 18.4 meters at a vertical depth of 11 meters, and 0.93% Li2O over 12 meters. To date, four major dykes have been intercepted in this hole and all remain open in every direction.
- A total of 35 drill holes prioritizing near surface mineralization were completed during the winter and assays are pending for a further 32 drill holes.
Mr.
Figure 1: Surface Map of the
Table 1: Highlights from 2024 Winter Drilling Program Mentioned in this Release
Figure 2:
Mirage Project Drilling Overview
The new discoveries in MR-24-60 (see Figure 4) also significantly extend the potential in the
Figure 3: Cross Sections Along Hole MR-24-49
Figure 4: Cross Sections Along Hole MR-24-60
QAQC
All drill core samples were collected under the supervision of BRW employees and contractors. The drill core was transported by helicopter and by truck from the drill platform to the core logging facility in Val-d’Or. Each core was then logged, photographed, tagged, and split by diamond saw before being sampled. All pegmatite intervals were sampled at approximately 1m intervals to ensure representativity. Samples were bagged; duplicated on one-quarter core splits; blanks and certified reference materials for lithium were inserted every 20 samples. Samples were bagged and groups of samples were placed in larger bags, sealed with numbered tags, in order to maintain a chain of custody. The sample bags were transported from the BRW contractor facility to the ALS laboratory in Val-d’Or. All sample preparation and analytical work was performed by ALS by ICP-AES according to the ALS method ME-MS89L. All results passed the QA/QC screening at the lab and all inserted standard and blanks returned results that were within acceptable limits. All reported drill intersections are calculated based on a lower cutoff grade of 0.3% Li2O, with maximum internal dilution of 5 meter. Host basalts adjacent to the dykes may grade up to 0.3% Li2O but were excluded from the reported intersections.
Qualified Person
The scientific and technical information contained in this press release has been reviewed and approved by Mr.
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Figure 1
Surface Map of the Mirage Project and Drill Holes Completed to Date
Table 1
Highlights from 2024 Winter Drilling Program Mentioned in this Release
Figure 2
Central Zone of the Mirage Project
Figure 3
Cross Sections Along Hole MR-24-49
Figure 4
Cross Sections Along Hole MR-24-60
2024 GlobeNewswire, Inc., source