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Champion Electric Metals Reports Lithium Discovery from the Initial Field Program at James Bay Lithium Properties in Eeyou Istchee, Quebec
Toronto, Ontario--(Newsfile Corp. - December 18, 2023) - Champion Electric Metals Inc. (CSE: LTHM) (OTCQB: CHELF) (FSE: 1QB0) ("Champion Electric" or the "Compa
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - December 18, 2023) - Champion Electric Metals Inc. (CSE: LTHM) (OTCQB: CHELF) (FSE: 1QB0) (\"Champion Electric\" or the \"Company\") is delighted to announce that the Company has made a spodumene discovery from rock and till sampling at its James Bay lithium properties (the \"Property\"). Spodumene is the primary ore mineral in lithium pegmatite deposits. The ongoing exploration program, which began in spring 2023, included close to 700 rock samples and well over 300 till samples which were collected late this summer and fall 2023 (Figure 1). Current Highlights of 2023 Sampling Program: Angular spodumene boulders recovered from sample pit at the new Western prospect (Figure 2) Till sample from the same site yielded >1,500 grains of spodumene (Figure 3) No significant outcrop in the area or immediately up-ice Three large fractionation trends identified from rock geochemistry (Figure 3) Western trend is in the vicinity of the Western prospect Anomalous lithium rock samples occur in clusters that are more than 15 km and 40 km east of the Western prospect (Figure 1) \"The discovery of the angular spodumene boulder and delicate spodumene crystals in till samples presents evidence that a spodumene bearing pegmatite system exists nearby and within a few kilometres of Patriot's Corvette deposit. We anticipate the remaining till sample results shortly and will focus our exploration planning on vectoring back to the source of the transported spodumene,\" commented Jonathan Buick, President & CEO. \"Our James Bay lithium properties are mostly covered by glacial and alluvial deposits. For this reason, we strategically split the surface sampling program between outcrop rock sampling and till sampling for the target areas beneath the cover. All this new data and the addition of geophysics planned for this winter will make our 2024 program very exciting.\" The outcrop sampling and mapping concentrated in areas of reported potential pegmatite occurrences. Some of the rock samples contained highly anomalous lithium (Li), cesium (Cs), tantalum (Ta), and beryllium (Be), but significant outcropping spodumene has yet to be encountered. Additionally, field portable analytical methods and laboratory geochemistry identified three large areas with favourable chemistry for the formation of lithium pegmatit...