Equinox Resources (ASX:EQN) reports early desktop studies are indicating ‘encouraging’ signs for lithium-caesium-tantalum (LCT)-bearing pegmatites at its Dome and Larder Lake projects in Ontario, Canada.
The company says it is currently fast-tracking further desktop studies to expedite early exploration work in addition to First Nations engagement, exploration permit approvals, target mapping, field reconnaissance for rock chip sampling, aerial surveys, LiDAR analysis, and other associated exploration works.
The company says it is currently fast-tracking further desktop studies to expedite early exploration work
The Dome Lake Project comprises 783 claims covering an area of 160km-square within the Wabigoon Subprovince on the Eastern Margin of the Onaman-Tashota Greenstone Belt within the Willet Assemblage.
Public records indicate that the project covers an area about 10km to the south and to the east of the Esnogami Batholith and the Onaman Pluton, respectively.
Equinox says the Batholith and Pluton could potentially be the parent source to the pegmatites in the area and notes the property is in the estimated aureole of increased fractionation from the plutonic source and is well-situated within the setting of possible ‘fertile’ LCT-bearing pegmatite occurrences.
Meanwhile, the Larder Lake Project consists of 585 claims covering 121km-square in Ontario, Canada, and lies within the Quetico subprovince near the Case Batholith region.
This complex is an S-Type LCT granite with ‘well-documented’ spodumene-bearing pegmatites. Equinox says 3 main pegmatites have been discovered in the Case and Steel townships, which are close to the Larder Lake claims.
Equinox Resources is an ASX-listed company focused on developing its Hamersley Iron Ore Project in the Pilbara region of Western Australia. Additionally, the company secured the Dome and Larder Lake projects in Ontario, Canada, in December 2022, and February 2023, respectively.
Write to Harry Mulholland at Mining.com.au
Images: Equinox Resources Ltd