Battery metal focused company Pure Resources (ASX:PR1) has been granted the remaining mining titles for its Laforge Lithium Project in Quebec Canada.
The company says these mining titles were granted by the Ministère des Ressources naturelles et des Forêts, bringing the project to a total area 261km-square.
Pure recently engaged Canadian based geological consultants Apex Geoscience to conduct an aerial reconnaissance, mapping, and sampling program over the project in an attempt to generate data prior to seasonal extreme weather conditions. Apex performed the maiden geological fieldwork campaign that covered less than 5% of the project area.
The company believes the prospectivity of the project has been ‘significantly’ enhanced through this reconnaissance field program and plans to complete further, extensive field programs as soon as practicably possible.
Commenting on the tenement grants, Pure Resources Executive Chairman Patric Glovac says: “The early observations of the exploration program, further enhances the board’s view on the prospectivity of the project.
Whilst greenfields in nature, the Laforge Greenstone is situated in the same geological province and exhibits analogous rock types, structural setting and geophysical properties as observed at the Corvette Lithium Trend 65km to the southwest.
“The early observations of the exploration program, further enhances the board’s view on the prospectivity of the project”
We maintain the belief that the Laforge Lithium project represents a genuine opportunity to discover a significant lithium deposit in a tier one jurisdiction and whilst we are excited with the data generated and the early observations from the recent geological site visit, we look forward to accelerating exploration once the snow clears and weather subdues in an effort to identify more outcropping pegmatites over the remaining over 95% of our land holding.
Pure reports 240 outcropping samples were collected and submitted to ALS in Val d’Or, Quebec, for preparation and ME-MS61 multi-element analysis with results expected to be returned to the company in 6 weeks.
The company notes 3 samples contained visual spodumene and fluoresced under ultraviolet light. Given this is the maiden exploration program over the area, Pure reports further investigation is required to fully evaluate the mineralogy of the rock samples including the extent and tenor of possible lithium mineralisation.
Pure Resources is an exploration company that is focused on exploring future facing commodities. The company’s Laforge Lithium tenement represents a ‘significant’ belt-scale tenement package that covers about 270km-square of the Laforge Greenstone Belt. The project is located about 65km northeast of mineral exploration company Patriot Battery Metals’ (ASX:PMT) Corvette discovery in the Superior Province of Quebec.
Images: Pure Resources Ltd
