Lithium One Completes Remote Sensing; Accelerates Exploration at Sirmac East Lithium Project

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[{"type":"text","content":"Lithium One Completes Remote Sensing; Accelerates Exploration at Sirmac East Lithium ProjectVancouver, British Columbia--(Newsfile Corp. - March 22, 2023) - Lithium One Metals Inc. (TSXV: LONE) (FSE: H490) (the \"Company\" or \"LONE\") is pleased announce it has identified high priority exploration locations on the Sirmac East Lithium Project following the completion of new remote sensing analysis using satellite-aided outcrop detection. The new data will enable LONE to conduct an accelerated work program at the Sirmac East property, strategically located near Vision Lithium's Sirmac and Winsome Resources' Sirmac-Clapier projects (Figure 1).News HighlightsProximal to Large, Established Deposits. The Sirmac East Lithium property is adjacent to Winsome Resources' Sirmac-Clapier and Vision Lithium's Sirmac projects. Vision Lithium recently reported a positive Preliminary Economic Assessment at the Sirmac deposit, with a pit constrained Mineral Resource comprising 192 Kt of measured resources at 1.38% Li2O, 81 Kt of indicated resources at 1.39% Li2O and 49 Kt of inferred resources at 1.05% Li2O.1 The Sirmac East Lithium property is approximately 50 km southwest of Sayona Mining's Moblan Lithium deposit and shares a similar geological setting. The Moblan deposit has a Mineral Resource of 12.03 Mt at 1.4% Li2O.2Accelerated Work Programs with New Remote Sensing Data. A comprehensive outcrop detection campaign has been completed on the Sirmac East Lithium property using advanced satellite imagery and high-resolution modeling techniques. After training on regional pegmatite data, including the Sirmac and Clapier lithium pegmatites at neighbouring properties, the outcrops most closely matching pegmatites have been prioritized for exploration (Figure 2). In Spring 2023, LONE will launch an extensive multi-phase exploration campaign, starting with ground prospecting, mapping and pegmatite sampling, followed by drill testing the highest priority targets.James Bay Lithium District. Located in Québec, Canada, James Bay is rapidly emerging as a major lithium district, boasting ten advanced stage projects and numerous early-stage occurrences (Figure 3). Notably, the Whabouchi Mine represents one of the world's largest bulk tonnage lithium deposits, with a Mineral Resource of 36.6 Mt at 1.3% Li2O, and an estimated mine life of 33 years....

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