Foremost Lithium Resource & Technology Ltd (CSE: FAT) has successfully completed a 24-hole 3,002m drill programme on its Jean Lake Lithium Project located near the historic mining district of Snow Lake, Manitoba.
The company collected a total of 246 drill-core samples and 10 outcrop chip samples during the program and all samples have been shipped to Activation Laboratories Ltd for lithium and gold assays with results expected to be released within this second quarter.
Lithium: B1-B2 Continuous Pegmatite Dyke
The drill results from the current programmre, combined with field observations and historic information from Manitoba government files strongly suggests that the B1 and B2 pegmatite dykes are hosted by the same structure.
The B3 pegmatite located further west may also be hosted by the same structure, giving a possible strike length of at least 325m. The pegmatite-hosting structure may extend further along strike to both east and west; a summer surface stripping program is planned to test this.
Characteristics of spodumene mineralization in the B1-B2 pegmatite are observed to vary along strike with respect to the colour (white to light green) and size (cm to >0.5m) of spodumene crystals. The dyke appears to pinch and swell along its irregular strike. The B1 portion of the pegmatite was drill intersected between 6 and 61m with intervals of 0.5% to 20% spodumene between 9.8m and 25m.
Geology
Host rocks for the B1 pegmatite are porphyritic and weakly altered and coarse-grained porphyritic gabbro marked by a series of linear magnetic lows which, along with soil geochemical surveys, formed the basis for the company’s drill programme.
Gold
The Snow Lake area is well recognized for its association between arsenic and gold in past and currently producing precious and base metal mineral deposits. The Rex-Laguna property, currently under exploration, occurs just south of Jean Lake on the south side of the Crowduck Bay Fault, with a past known production of 60,000oz of gold between 1918 and 1940, at an average grade of 16.8g/t.
Numerous other zones of gold mineralization adjacent to the Crowduck Bay Fault are present in the Jean Lake property area.
For further information please visit: https://www.foremostlithium.com/
