Midas Minerals (ASX:MM1) has confirmed the presence of ‘abundant’ coarse spodumene during the initial visit at the company’s Greenbush Lithium Project, located in Ontario, Canada.
The company reports that the known pegmatite outcrop was first sampled in 1965 by the Ontario Geological Survey (OGS), which returned a result of 15m @ 1.25% lithium oxide (Li2O).
Midas reports the outcrop was located in the field during the trip, despite extensive snow cover. The company’s staff were able to confirm the pegmatite outcrop contained coarse-grained visible spodumene.
Midas Minerals Managing Director Mark Calderwood says: “Midas has confirmed the Greenbush spodumene pegmatite outcrop contains abundant coarse-grained visible spodumene.
There are numerous small outcrops on the lake edges and these will be the initial focus of work in May this year, to obtain and gain an understanding of the distribution and mineralogy of these pegmatites. At the same time, the company will undertake drillhole planning to test the known spoduemene pegmatite.”
“There are numerous small outcrops on the lake edges and these will be the initial focus of work in May this year, to obtain and gain an understanding of the distribution and mineralogy of these pegmatites”
Midas reports it has collected rock chip samples for analysis and results are still pending. Additionally, further pegmatite outcrops were noted across the project area and the company plans to begin mapping and sampling at Greenbush in May 2023.
The Greenbush Lithium Project is about 12km east of Highway 599, 94km north of Savant Lake, and 70km south of Pickle Lake in the district of Thunder Bay, Ontario.
Midas Minerals is a junior mineral exploration company, primarily focused on lithium and gold. The company’s portfolio within Western Australia includes the Newington Lithium-Gold, the Weebo Gold, and the Challa Gold, Nickel-Copper-PGE projects.
Images: Midas Minerals Ltd
