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Clarity Metals Obtains Drill Permit for Lithium381 Project
VANCOUVER, British Columbia, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Clarity Metals Corp. (“Clarity” or the “Company”) (CSE: CMET, OTC: CLGCF, FSE: 27G0) is pleased t
About this update from Clarity Metals Corp
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Clarity Metals Corp. (“Clarity” or the “Company”) (CSE: CMET, OTC: CLGCF, FSE: 27G0) is pleased to report it has received the drilling permit previously announced on January 18, 2023 for the Lithium381 Property (the “Property”) located in Quebec adjacent to Allkem Limited’s James Bay Lithium Property. The drilling permit specifies the location of 27 drilling pads focusing on a target interpreted from preliminary results produced by a recently completed IP/Resistivity survey which indicates a 1.5 km E-W oriented area of relative high resistivity values. Additional data obtained from a remote sensing survey and a triaxial magnetometer survey further refined the target. See figure 1 for an overview of the target area. James Rogers CEO of Clarity comments: “We are continuing to progress rapidly with the evaluation of this target and are pleased to have received this permit which will enable drill testing on the Lithium381 Property.” Clarity and Genius Metals Inc. are currently reviewing contractor’s proposals and support logistics to establish timing of a proposed drill program of up to 2000m. Figure 1 Target area where drill permit has been received on the Lithium381 Property. Figure 2 Location of Lithium381 Project showing nearby properties and total pit outline on Allkem’s James Bay Lithium Project from the Allkem Feasibility Study. The Lithium381 Property The Property is located in Northern Quebec, Canada, approximately 3 km from the James Bay Road and the service station at KM381 which provides infrastructure to the local area. The 21 mineral claims comprising the 1107 ha property are contiguous with Allkem Limited’s James Bay Lithium Property hosting a deposit with Indicated resources of 40.8 Mt @1.40% Li2O. The James Bay Lithium deposit is a lithium bearing pegmatite, which is slated to start construction in Q1 2023. (Source: Allkem Feasibility Study filed by Allkem on SEDAR on January 11, 2022). See Figure 2. The Property has not previously been explored for lithium bearing pegmatites but is underlain primarily by amphibolite facies metasedimentary and minor metavolcanic rocks of the Lower Eastmain Group of the Eastmain Greenstone belt in the northeastern part of the Superior Province; the same host rocks of the adjacent James Bay Lithium Deposit. Quebec has bec...