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Snow Lake Lithium Announces Completion of Over 20,000 Meters of Drilling Year to Date; Update for Resource Expansion Upcoming
Snow Lake Lithium completes over 20,000 meters of drilling Drill program intercepted spodumene in 89 of the 107 DDH for a statistical average success ratio of 8
About this update from Frontier Nuclear And Minerals Inc.
[{"type":"text","content":" Snow Lake Lithium completes over 20,000 meters of drilling Drill program intercepted spodumene in 89 of the 107 DDH for a statistical average success ratio of 83% Drill hole GRP-027 intersected Spodumene-bearing pegmatite from 39.36 to 69.02 meters; Spodumene content of the dyke is estimated at 20% Additional lab assay results expected in the coming weeks MANITOBA, ON / ACCESSWIRE / September 15, 2022 / Snow Lake Resources Ltd., d/b/a Snow Lake Lithium (NASDAQ:LITM) (\"Snow Lake\" or the \"Company\") a lithium resource company located in Manitoba, Canada that is committed to operating the world's first fully electric lithium mine, is pleased to update its shareholders on several positive developments associated with its 2022 drilling campaign. Since the 2022 drilling campaign kicked off in January of this year, Snow Lake has successfully completed over 20,000 meters of additional drilling on the Snow Lake Lithium project, tripling the amount of drilling that can be used towards the Company's resource expansion plans scheduled to be completed this fall. The incremental drilling marks significant advancement of the Company's ongoing drilling campaign and accelerates Snow Lake's path towards commercial production. Snow Lake is progressing on both its environmental and feasibility studies in parallel with the requisite metallurgical testing that is required to deliver resource validation. Snow Lake remains positioned to begin initial site development in 2024 with construction and commissioning of the commercial mine to follow. As of 2021, the total exploration drill holes completed on the property since 1942 was 75 drill holes (8,842.6 meters). However, drill holes prior to 2017 could not be used for the existing resource because they were not located. Instead, of the 24 drill holes in 2017 and 2018, 4,804.92 meters were used to create the existing SK-1300 compliant resource of 9.1mt @ 1% Li2O indicated and 2Mt @ 0.98% Li2O inferred. Drilling has been focused on the Thompson Brothers Lithium (\"TBL\") and Grass River Pegmatite (\"GRP\") areas which comprise 56 of the 78 holes drilled so far. Notably, there were a number of drill holes which had several spodumene intersections. More specifically, there were 2 holes which had 4 intersections and an additional 2 holes which had 5 intersections. These results may prove-up to be 4 to 5 ...