Highlights include:
- Best interval to date at Mirage with 1.55% Li2O over 93.45 meters in drill hole MR-24-62 starting at surface and which extends the flat dipping MR-6 dyke a further 80 meters to the south-west.
- The MR-6 dyke was also extended 135 meters to the north of MR-24-62 where BRW intersected 1.05% Li2O over 34.05 meters in drill hole MR-24-65.
- MR-6 has now been drill traced over 220 meters of strike extent with real thickness varying from 25 meters and up to 70 meters. The dyke remains open in multiple directions with the strongest potential to the northeast and southwest.
- New MR-8 dyke confirmed in the North zone with 1.27% Li2O over 18.6 meters in drill hole MR-24-43 and 1.42% Li2O over 11.5 meters in drill hole MR-24-55.
- New exploration drill hole located approximately 800 meters northeast of MR-6 intersected anomalous lithium values in drill hole MR-24-53 within a zone of dykes stacking. With this hole, BRW continues to extend the central corridor of prospective dykes towards another spodumene bearing outcrop located 3.5 kilometers to the northeast.
- A total of 26 drills holes results were received to date and 9 drills holes results style pending.
Mr.
Figure 1: Surface Map of the
Table 1: Highlights from 2024 Winter Drilling Program Mentioned in this Release
Hole ID | Zone | Dyke | From (m) | To (m) | Length (m) | Li2O% | Ta2O5 (ppm) |
MR-24-43 | North | MR-8 | 9.85 | 28.45 | 18.6 | 1.27 | 81 |
and | 83.95 | 86.7 | 2.75 | 0.99 | 101 | ||
MR-24-44B | 14.4 | 31 | 16.6 | 0.95 | 81 | ||
MR-24-46 | 35.4 | 52 | 16.6 | 0.87 | 97 | ||
MR-24-48 | 43 | 61.5 | 18.5 | 0.80 | 93 | ||
MR-24-53 | 225 | 227.2 | 2.2 | 0.55 | 143 | ||
and | 251 | 274 | 23 | 0.33 | 95 | ||
MR-24-54 | North | MR-8 | 66.55 | 71.35 | 4.8 | 1.10 | 198 |
MR-24-55 | 67.6 | 79.1 | 11.5 | 1.42 | 166 | ||
MR-24-56 | 49.05 | 59 | 9.95 | 0.32 | 44 | ||
MR-24-62 | Central | MR-6 | 6.35 | 99.8 | 93.45 | 1.55 | 160 |
MR-24-64 | 55.45 | 78.3 | 22.85 | N/A | 223 | ||
MR-24-65 | 44.4 | 78.45 | 34.05 | 1.05 | 125 |
Figure 2:
Mirage Project Drilling Overview
There is potential to extend MR-6 to the east where it remains open towards the MR-3 dyke. The MR-3 dyke, located 350 meters southeast of MR-6 in the
Potential to extend
Figure 3: Cross Sections A to A’
Figure 4: Surface map project of the MR-8 dyke
Figure 5: Cross Sections B to B’
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 ¼ 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
Figure 2:
Central Zone of the Mirage Project
Figure 3:
Cross Sections A to A’
Figure 4:
Surface map project of the MR-8 dyke
Figure 5:
Cross Sections B to B’
2024 GlobeNewswire, Inc., source