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High Level Independent Review of Arctic Fox Lithium Corp.'s Properties in the James Bay Region of Quebec
Vancouver, British Columbia - TheNewswire - September 11, 2023 - Arctic Fox Lithium Corp. (CSE:AFX) (FSE:O5K) (the “Company”) is pleased to announce that Resour
About this update from Arctic Fox Lithium Corp
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - September 11, 2023 - Arctic Fox Lithium Corp. (CSE:AFX) (FSE:O5K) (the “Company”) is pleased to announce that Resource Potentials Pty Ltd. (“Respot”) has completed a high level review of the Company’s properties in the James Bay region of Québec. Respot is a consulting firm based in Perth, Australia, that specializes in geophysical survey design, budgeting, contracting, acquisition and quality control, data processing-modelling, data inversion, data integration, interpretation and drill hole targeting. The Company commissioned Respot to provide a high-level independent report on its holdings in the James Bay region of Québec which was authored by Mr. John Sinnott, a senior consulting geophysicist at Respot. Some of the highlights of the report are as follows: Independent review confirms high potential for Lithium-Caesium-Tantalum (“LCT”) pegmatites to be present at the Company’s Delta Lake and Kana Lake projects, with lower potential at its Pontax North project; The Delta Lake and Kana Lake project areas have a favorable regional geological setting of east to west trending Archean greenstone belts and regional scale fault structures, favourable age of granite intrusions surrounding the greenstone at around 2.65 billion years old, and proximity to LCT pegmatite occurrences and deposits; Multiple preliminary target areas have been outlined using publicly available aeromagnetic and remote sensing data sets, and rock sample and geological mapping data from SIGÉOM (a geomining information system with unique spatial reference made publicly available by the Ministry of Natural Resources and Forestry of Québec) identifying potential pegmatites; Many potential pegmatite target areas have coincident magnetic lows which indicates possible pegmatite intrusions crossing the magnetic greenstone units and extending at depth; Independent review also confirms the Company’s exploration pathway including LiDAR digital elevation surveying, high-resolution airborne magnetic and radiometric geophysical surveying, and surface geological mapping and sampling to explore for LCT pegmatites and generate drilling targets. Mr. Ross Brown, Special Adviser to the Board of Directors of the Company, commented: “Regional to project scale geology and geophysics have combi...