Critical has observed visual spodumene in four other progressive drill holes at its Mavis Lake project in Ontario, Canada, which highlights its great lithium potential. Notably, hole MF22-65 (hole 6) returned the highest ever visual
Critical has observed visual spodumene in four other progressive drill holes at its Mavis Lake project in Ontario, Canada, which highlights its great lithium potential.
Notably, hole MF22-65 (hole 6) returned the highest ever visual intersection of approximately 40% spodumene within a 3.6m pegmatite interval which also confirms that lithium mineralization is continuous along the along strike and depth in pegmatite 6.
With MFF22-66 (hole 7) meeting a 6.9m intersection containing approximately 20% spodumene, Critical Resources (ASX:CRR) has now intersected visual spodumene in eight of the nine holes drilled to date.
This is encouraging as the company has completed only around 20% of its inaugural 5,000m drill program.
“The visual 40% spodumene mineralization in pegmatite 6 is the highest depiction of lithium mineralization observed to date. We notice that pegmatite widths and spodumene mineralization both appear to increase at depth within pegmatite 6,” said managing director Alex Biggs.
“The down dip and strike extension of pegmatite 6 will continue to be targeted during this drill program.
“The success we have had to date at Mavis Lake continues to demonstrate the quality of the asset, and we look forward to further successes as the drill program progresses.”
Mavis Lake is located 19 km east of Dryden, Ontario and is also close to the Trans-Canada Highway and major rail arteries connecting major cities such as Thunder Bay, Ontario to the southeast and Winnipeg, Manitoba, looking west.
The region has excellent infrastructure with a hydroelectric plant located a few kilometers to the southwest.
The Mavis Lake pegmatites are in the correct zonation for lithium enrichment of the Ghost Lake batholith, a fertile granitic intrusion.
This article was developed in conjunction with Critical Resources, a Stockhead advertiser at the time of publication.
This article does not constitute advice on financial products. You should consider obtaining independent advice before making any financial decisions.