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Satori and Jourdan Expand the Picnic Phosphate Property near Port Cartier Quebec
New claims have historic airborne geophysics by INCO Close proximity to and/or conti...
About this update from Consolidated Lithium Metals Inc
[{"type":"text","content":"\nSatori and Jourdan Expand the Picnic Phosphate Property near Port Cartier Quebec\n New claims have historic airborne geophysics by INCO \n Close proximity to and/or contiguous with existing Picnic Phosphate \n Property \n Excellent Infrastructure - new claims are closer to the highway and \n Port Cartier  \nToronto, Ontario--(Newsfile Corp. - May 7, 2014) - JOURDAN RESOURCES INC. \n(TSXV: JOR) (\"JOURDAN\") (www.jourdan.ca) and SATORI RESOURCES \nINC. (TSXV: BUD) (\"SATORI\") (www.satoriresources.ca); (together with \nJourdan and Satori, the (\"Parties\") are pleased to announce that they have \nstaked seven additional claims, increasing the size of the strategic Picnic \nPhosphate Property (see Map 1). The additional claims appear to have the same \nmagnetic signature as seen on the original block of claims where historic \nphosphate and/or nickel-copper mineralization occurs (see Map 2). This \nmineralization appears to be found proximal to the magnetic highs. This staking \nbrings the total number of claims at Picnic to 28, and increases the property \nsize to 15.44 sq. km \nMap 1: Satori-Jourdan Picnic Phosphate Property, Quebec \nhttp://goo.gl/wyla9s \nThe geological and geochemical characteristics of the Riviere \nPente-Cote Anorthosite (RPA) Complex that hosts the Picnic Phosphate Property \nappear to be similar to that of the Sept-Iles Anorthosite Complex (SAC), a \nlarge, layered, unmetamorphosed, mafic intrusive suite of Cambrian age rocks \nthat hosts the Mine Arnaud Project. The south-east edge of the SAC occurs 20 km \neast-north-east of the Picnic Phosphate Property. The Mine Arnaud Project covers \napproximately 3 km of strike length of the SAC. The Picnic Phosphate Property \ncovers approximately 12 km of strike length of the RPA Complex. \nMap 2: Satori-Jourdan Picnic Phosphate Property, Quebec \nOn Inco Airborne Magnetics http://goo.gl/U07jgI \nThe Picnic Phosphate Property now consists of 3 blocks of \nnon-contiguous claims, following historical mineralization or similar magnetic \nsignatures. One of the new blocks of claims ties on to the main highway in the \narea, and the two eastern most claim blocks have a gap where Hydro Quebec's main power line crosses the high magnetics (see Maps 2 and 3). \nAdditional land was not staked where the companies considered there to be \ncultural significance, or whe...