Planning In Place For Field Work on Sirmac Lithium Project
Vision Lithium Inc. (TSXV: VLI) has engaged geophysical contractor Geo Data Solutions to perform a high-resolution helicopter supported Mag-EM survey on its 100% owned Red Brook property to be carried out in March 2021.
The Property covers approximately 2,780 hectares located West of the Bathurst mining district of New Brunswick, Canada.
President and CEO, Yves Rougerie, said the company is also planning a field exploration program on the newly staked lithium claims that are proximal to the East Zone of the Sirmac lithium project in Quebec, Canada. The programme will consist of prospecting, geochemical soil sampling and handheld XRF testing.
“I am very excited by the copper potential on the Red Brook property which is in a similar geological setting as our Dôme Lemieux copper project in the nearby Gaspé Peninsula. Both are exciting copper targets for exploration,” Mr Rougeriesaid.
“We are very bullish on the general market for copper as a critical metal in the battery materials supply chain and especially critical in the global electric infrastructure that will support electric vehicles.
“We are also planning field work on the new claims recently added to our Sirmac lithium project in Quebec. This area needs planning and exploration data and our work here will assist in providing targets for future drilling.
“Finally, we are continuing to advance closing matters to complete the acquisition of the Godslith lithium project in Manitoba pursuant to the previously announced binding letter of intent. Vision Lithium offers investors exposure to both copper and lithium, two critical battery materials.
“We have an enviable and prospective portfolio of battery material projects in our stable and I believe the Company has never been better positioned when it comes to the quality of the projects and the exploration potential they offer.”
The proposed 871-line-kilometre high-resolution helicopter supported Mag-EM (magnetic and electro-magnetic) survey will be flown at 50-metre line spacings, covering an area of approximately 40 sq. km. The survey, flown at low altitude, will collect high resolution data that will be used to identify geological features that may be related to mineralisation.
Mineralisation identified on the Property to date is often associated with pyrrhotite which is readily identified by these methods. A previous operator completed a series of wide-spaced ground IP lines which identified several large, buried chargeability anomalies.
Vision Lithium expects the airborne Mag-EM survey may better map these anomalies in 3 dimensions and potentially identify new ones which could be drill-tested later in 2021. The Company is hopeful that the survey may identify buried mineralized zones which could be related to the source of the porphyry and skarn-type mineralization that has been identified to date on the Property.