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Idaho Champion Identifies 17 New High Priority Lithium Pegmatite Targets from 2022 Exploration in James Bay, Quebec
Major field program set to begin for 2023 Toronto, Ontario--(Newsfile Corp. - May 16, 2023) - Idaho Champion (CSE: ITKO) (OTCQB: GLDRF) (FSE: 1QB1) ("Idaho Cham
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" Major field program set to begin for 2023 Toronto, Ontario--(Newsfile Corp. - May 16, 2023) - Idaho Champion (CSE: ITKO) (OTCQB: GLDRF) (FSE: 1QB1) (\"Idaho Champion\" or the \"Company\") is pleased to announce the completion of a detailed desktop study of historical data and interpretation of the 2022 work program which provide the Company's technical team with priority targets for the upcoming field program at the Champion Electric Lithium Project (the \"Project\") located in the pegmatite-rich Eeyou Istchee James Bay territory of Quebec. Desktop Study Summary and Interpretation Highlights: Historical desktop study and 2022 field program was completed on the original 161 sq. km property package or now approximately 32% of the Company's total-controlled land holdings, which is now the largest land package in this new lithium pegmatite district at over 500 sq. km of favourable ground (Figure 1). Over 190 known pegmatite outcrops are known to occur within the project that have never been analyzed for lithium. Confirmation that the project contains comparable favorable host rock and geotectonic setting - comparable to neighboring Corvette and Cancet lithium-bearing pegmatite deposits.* Major field program over expanded Project area set to begin with mapping and sampling campaign near term and drilling to be completed later in 2023. Targeting based on combined historical data review and 2022 exploration results. \"The historical information uncovered through the desktop study gives us excellent insight to some of the exploration potential on our project. We are excited to have at least 17 robust priority lithium pegmatite target areas to test and more than 190 pegmatite outcrops waiting to be sampled in an emerging Tier 1 region. It is also important to note that the property has now more than tripled in size to over 500 km2 of prospective ground since we completed the review. The on-going refinement of the interpretative layers will continue generating potential pegmatite targets for field follow-up, which is scheduled to start in early June. Contracts for all accommodation and necessary logistics are signed and in place, and our technical team is ready to undertake a highly anticipated and potentially game-changing 4-month-long field mapping and sampling campaign,\" stated President and CEO, Jonathan Buick. 2022 airbor...