Conquest Options Marr Lake to Add to Critical Metals Portfolio

About this update from Conquest Resources Limited

[{"type":"text","content":"Conquest Options Marr Lake to Add to Critical Metals PortfolioToronto, Ontario--(Newsfile Corp. - July 6, 2022) - Conquest Resources Limited (TSXV: CQR) (\"Conquest\" or the \"Company\") is pleased to announce it has entered into an option agreement (the \"Agreement\") to acquire 100% of the Marr Lake Cu-Ni-PGE Property (\"Property\"). The Property is a grass roots property that is prospective for Cu-Ni-PGE and Li mineralization in an area that has seen limited exploration in the past. The Property is located 70 km southwest of Atikokan, Ontario, and is contiguous with Green Technology Metals Wisa Lake Property that hosts Li-Ta bearing pegmatite dyke swarms that have been mapped over a strike length of 1.5 km, with widths of up to 20 m having been reported. President and CEO Tom Obradovich stated, \"The Marr Lake Project underlines Conquests focus on critical metals with potential for Cu-Ni-PGE and Lithium. Our Nipigon Basin Project has Uranium in addition to NI-Cu-PGE targets and our Temagami Belfast Project is currently being explored for Ni-Cu PGE as well as IOCG potential.\"The Project falls within the Quetico Subprovince and is primarily underlain by east-west striking metasedimentary rocks that have a mixed clastic composition and are wacke dominated with lesser amounts of conglomerates, mudstones, and carbonates that have been intruded by granitic plutons and ultramafic intrusions. The Property hosts the Marr Lake Ultramafic Intrusive that is interpreted for the most part to fall under the waters of Marr Lake and forms a 500 m by 100 m magnetic feature. The Marr Lake Ni-Cu-PGE occurrence is located along the northeast shoreline where in 2005, a claim owner/geologist collected three samples from a 60 m wide pyroxenite dyke that averaged 1.1% Cu, 0.20% Ni, 0.02% Co, 6 g/t Ag, 1.3 g/t Pt, 1.3 g/t Pd, and 0.40 g/t Au (20003485). In 2015, the Ontario Geological Survey (\"OGS\") completed a magnetic and gamma-ray spectrometric survey (GDS 1077) that covered a portion of the Property, and identified a magnetic feature at the edge of the survey that may represent an unrecognized ultramafic intrusive. As well, in 2003, the OGS, under Operation Treasure Hunt, completed a report titled \"Fertile Peraluminous Granites and Related Rare-Element Mineralization in Pegmatites, Superior Province, Northwest and Northeast Ontario\" (OFR 6099...

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