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Coniagas Battery Metals Secures Critical Ground Near SOQUEM's Cardinal Property, Accelerating Expansion into High-Grade Cu-Ni-Co-PGE Deposits
(TheNewswire) Developing a High-Grade Battery Metals property portfolio in Quebec, Coniagas...
About this update from Coniagas Battery Metals Inc.
[{"type":"text","content":"Coniagas Battery Metals Secures Critical Ground Near SOQUEM's Cardinal Property, Accelerating Expansion into High-Grade Cu-Ni-Co-PGE Deposits\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Developing a High-Grade Battery\nMetals property portfolio in Quebec, Coniagas aims to advance these\nproperties towards production\n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire -\n \n \n March 25, 2024 – Coniagas Battery Metals Inc.\n(TSXV: COS) (“Coniagas” or the “Company”)\n \n \n , a leading junior exploration company focused on battery\nmetals, proudly announces its strategic acquisition of key ground near\nSOQUEM's Cardinal Property, situated 80 km southeast of Chibougamau,\nQuebec. This significant move underscores Coniagas' commitment to\ncapitalizing on high-grade copper-nickel-cobalt-platinum group\nelements (Cu-Ni-Co-PGE) deposits in the region.\n \n \n \n \n Coniagas has staked a total of 28.3 square kilometers\nof ground in multiple packages. The new package contains 531 claims\nfor 28,397 hectares. This new property package is now dubbed\nDartagnan. There is highway access to the southern part of Dartagnan\nas well as a network of logging roads providing access to other parts.\nSee map below. Not only is there good access but there is a power\ncorridor leading to Chibougamau running through Dartagnan South. We\nare committed to developing properties with good infrastructure in the\nworld leading mining jurisdiction of Quebec.\n \n \n \n \n SOQUEM, a recognized leader in mineral exploration in\nQuebec, has reported impressive grades from their Richelieu and Edgar\nzones. Notable drill highlights include grades of up to 0.92% copper,\n0.73% nickel, 0.11% cobalt, along with 0.56 g/t platinum, 0.46 g/t\npalladium, and 0.11 g/t gold values over an impressive 25.3m starting\nat downhole depth 130.7m (drill hole 1438-23-009 from SOQUEM press\nrelease March 1, 2024), affirming the rich mineral potential of the\narea. The Edgar zone reporting similar grades over 1.9m much shallower\nstarting downhole depth of 67.2m.\n \n \n \n \n By strategically staking ground adjacent to SOQUEM's\nCardinal Property, Coniagas has leveraged local prospectors' expertise\nand regional geological data, including magnetic features and lake\nsediment samples wit...