Metals Australia (ASX:MLS) has begun the first phase of its exploration program at the Corvette River Lithium, Gold, Copper, and Silver Project in Quèbec, Canada.
Phase one will investigate and prioritise zones across extensive claim areas for further work and follow-up drilling.
The program includes detailed field mapping, extensive excavator trenching and channel sampling to firm up drilling targets of the anticipated drilling phase of the program.
CEO Paul Ferguson says the start of this exploration program is a result of work already conducted by the company and contractor Magnor Exploration.
“We are now on the ground with a dedicated team of geologists and field staff, including excavators. The team will be able to follow-up on the targets, associated structures and outcrops that have been identified from previous sampling,” Ferguson says.
“The outcome of this work will result in a well-defined and prioritised list of drill targets — which will be the subject of phase two of the program. This program will follow-up on the highly prospective lithium pegmatite targets, as well as high-grade gold and silver target zones we have communicated previously.”
Corvette River comprises the Felicie Project, East Eade, West Eade, and lithium targets on the prolific Guyer greenstone belt.
At Felicie, field mapping, trenching, and sampling structures and outcrops associated with previous rock chip sampling that includes grades of up to 4.16 grams per tonne (g/t) gold, 44.1g/t silver, and 0.23% copper from a zone of 180m strike length open in all directions.
At East Eade, extensive investigations of a 300m wide complex fold-closure includes previous assays of up to 29.7g/t gold. At West Eade, further investigate areas around historical sample sites returned assays up to 11.45g/t gold.
Meanwhile, at the lithium targets, follow-up lithium bearing pegmatite targets have previously been reported. These include CR1 which is mapped over 1.6km at Felicie and CS1 at West Eade.
Ferguson adds that the company is continuing ao progress its projects on its pathway through exploring and when results warrant, into development.
“Four of our projects are now pending government approval for this next phase of exploration, including Lac Carheil, which also has active Prefeasibility Study work underway,” he adds.
Metals Australia is focused on advancing its critical minerals and metals project portfolio in mining-friendly jurisdictions of Western Australia and Quèbec.
Write to Aaliyah Rogan at Mining.com.au
Images: Metals Australia
