Stria Lithium Inc. (TSXV:SRA) has obtained promising assay results from the first two drill holes at depth on the Pontax Lithium Project in the James Bay region of Québec, Canada.
Assays include 10.2m (true width) at 1.34% Li2O, and a doubling of the depth of known mineralization to 230m.
These results further confirm previous exploration activities on the site and are only the first results of 14 holes drilled to date, totalling 3,858m, as part of an aggressive 15,000m definition and exploration drilling program now under way on Stria’s Pontax property in the west-central Eeyou Istchee James Bay (EIJB) Territory.
A winter road has been opened from the main highway to the Pontax site, and mutiple drill rigs are now on site with the aim of establishing a maiden resource by mid-2023. Assays from the remaining 12 holes are currently pending at the laboratories.
The drilling programme at Stria’s Pontax property is being financed and conducted by Stria’s project partner, Cygnus Gold Ltd of Australia, and has been designed to systematically step out from known mineralization at Pontax Central – an extensive spodumene-bearing pegmatite swarm which outcrops over 700m of strike.
Significant intersection results from the latest drilling include:
DDH975-22-027: 2.82m (4.3m of core length) @1.84% LiO at a depth of 158m (from 227.6m to 231.9m); 6.04m (9.21m core length) @1.44% LiO at a depth of 172m (from 247.1m to 256.3m) – Five minor intervals of true width between 1.51m and 2.02m @0.84% to 1.46% LiO – Cumulative true thickness of mineralized dyke of 21.4m.
DDH975-22-028: 3.44m (5.7m of core length) @1.35% LiO at a depth of 144m (from 194.3m to 200.0m) – 8.54m (13.3m of core length) @1.34% LiO at a depth of 212m (from 300.2m to 313.5m) – Three minor intervals of true width between 1.08m and 1.55m @0.67% to 0.82% LiO – Cumulative true thickness of mineralized dyke of 17.9m
Drilling was conducted with a single heliportable rig by RJLL Drilling Co. from Rouyn-Noranda and supervised by IOS Services Geoscientifiques Inc. Collar location was measured with a high resolution GPS Geode device, while downhole deviation was measured with the use of a Reflex device.
Core, NQ in diameter, has been logged on site and expedited by road carrier to IOS facilities in Saguenay, Quebec, for sampling and storage.
“We are excited to be finally getting an aggressive drilling programme at depth under way and are very encouraged by the promising results of the first two holes of 14 drilled to date,” CEO, Dean Hanisch, said.
“The winter road is open and providing economical access to several additional heavy drill rigs. We look forward to reporting more assay results as they become available.”
The latest drilling has stepped out 50m to 100m below existing mineralization to a vertical depth of 230m, effectively doubling the depth of known mineralization which remains open in all directions.
For further information please visit: https://strialithium.com/
