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Arctic Fox Lithium Begins High Resolution Airborne Magnetic Survey at Pontax North
VANCOUVER, BRITISH COLUMBIA (June 18, 2024) – TheNewswire – Arctic Fox Lithium Corp. (CSE: AFX / FSE: O5K) (the “Company”) is pleased to announce that it has be
About this update from Arctic Fox Lithium Corp
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA (June 18, 2024) – TheNewswire – Arctic Fox Lithium Corp. (CSE: AFX / FSE: O5K) (the “Company”) is pleased to announce that it has begun a high resolution airborne magnetic survey over its Pontax North Lithium property in James Bay. The helicopter-borne system includes two laser pumped magnetic sensors providing 1,000 measurements per second (1,000 Hz) from a “stinger” mounted at the front of a Guimbal G2 light helicopter. The survey will be flown with lines 50 metre apart and 500 metre control lines spacing and at a minimum survey drape elevation of 15 m to 20m above the ground depending on the overall topography. Airborne Magnetic Survey Highlights Enhanced Aeromagnetic Resolution: The survey will be completed at 50 m line spacing and at a minimum survey drape elevation of 15 m above the ground. The advantage of a single continuous survey is it won’t require merging multiple data sets with different resolutions. Increased Geological Understanding: The survey will provide Arctic Fox with much better definition of the important geological units and structures on the property Harry Chew, President and Chief Executive Officer of Arctic Fox states: “We are pleased to be executing this high-resolution magnetic survey as it will serve as a cornerstone to our upcoming summer exploration program. With this state-of-the-art high resolution magnetic survey, we will be able to update the geology map and identify key stratigraphic contacts and structures for targeted exploration. 2024 Airborne Magnetic Survey The high resolution airborne magnetic survey over the Pontax North Lithium property will be completed by Novatem Inc. based out of Mont Saint-Hilaire, Québec. The project is located 13 kilometres south-west of the KM 381 Relais in James Bay. The survey will cover a total area of 16.3 km2 and include an estimated 404 total line-kilometres. Novatem will be providing preliminary processing and quality control of the geophysical data on site as well as the preparation and supply of preliminary and final products. The identification of pegmatites belonging to the favourable Causabiscau Suite in the northern part of the Pontax North Property during the 2023 prospection, with coincident Be-Cs-Ta-Nb-Rb anomalies up to 100 times the average concentration of the upper continental crust and lith...