Narryer Metals (ASX:NYM) has identified more ‘prospective’ ground for pegging after examining historic data at the Walrus Island project in the James Bay region of Quebec, Canada.
The historic data has uncovered this additional ground contains previously recorded spodumene occurrences at Walrus Island.
Narryer Metals Managing Director Gavin England says the secured ground contains known spodumene pegmatites and Narryer is hoping to kick off work in the 2024 field season, once stakeholder engagement and permitting is completed.
Meanwhile, in Northwestern Ontario, Narryer has secured a package of mineral claims in the Quetico lithium district, which contains the Georgia Lake and Jackpot Lithium deposits. These mineral claims have had limited previous exploration.
The company notes this project complements recently secured additional ground Narryer generated at Sepawe, which sits to the east of Thunder Bay. These new projects form part of Narryer’s Canadian lithium portfolio — which is set to be explored this year.
England says: “The company is also excited with the portfolio of prospective ground generated in Northwest Ontario, which now includes the new project at Zircon Lake. The Quetico lithium district, which contains the Georgia and Jackpot Lithium deposits, is an emerging lithium exploration region.”
In parallel, Narryer reports there is a presence of spodumene-lepidolite in pegmatites from a preliminary aerial survey and brief site visit by helicopter to Walrus Island.
The company says this confirms the historic geological reports of the area and furthers the project’s prospectivity.
Narryer has now doubled its tenure on the Walrus Island project area to 14km-square.
Narryer Metals is a diversified minerals explorer focused on the discovery of critical minerals, lithium, and rare earths in Australia and Canada.
As of 31 December 2023, the company had $888,000 cash and cash equivalents at hand, according to its latest quarterly report.
Write to Aaliyah Rogan at Mining.com.au
Images: Narryer Metals
