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Harfang Exploration Reports on Exploration Results on Its Pontax Property Under Option to Li-FT Power (Eeyou Istchee James Bay, Québec)
MONTREAL, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang” or the “Company”) (TSX-V: HAR) is pleased to provide an exploration update on th
About this update from Harfang Exploration, Inc.
[{"type":"text","content":" MONTREAL, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang” or the “Company”) (TSX-V: HAR) is pleased to provide an exploration update on the Pontax Property (the “Property”) under option to Li-FT Power Ltd. (“Li-FT”; CSE: LIFT) located in the Eeyou Istchee James Bay region, Québec (Figure 1). The Property is located within Li-FT’s large regional Pontax Project that they are actively exploring. Results discussed in this news release were obtained from the initial exploration program conducted by Li-FT on the Property following its recent option agreement with Harfang (see news release dated on July 21, 2022). During the summer of 2022, Li-FT completed a regional till geochemistry survey and preliminary prospecting on three of its properties in the region, including on the Harfang’s Property. The goal of that exploration program was to search for lithium pegmatite mineralization beneath the extensive glacial sediment cover (see LiFT’s news release dated on November 15, 2022). Till Geochemistry and Rock Sampling Results The cluster of till samples defining the anomaly corresponds to high values in Li-Cs-P-Nb-Ga-Mn-W-Mo ± Ta-Sn-Rb. It covers an area of approximately 8 by 7.5 kilometres overlapping the southwestern portion of Harfang’s Property (Figures 1 and 2). The geochemical anomalism suggests a spatial relationship with a variably pegmatitic granite and supracrustal rocks. Sixty-five (65) grab rock samples were collected on the Property from boulders and outcrops. The best sample, assaying 0.41% Li2O, was collected from an amphibolite adjacent to a pegmatite in a quarry located 600 metres from the Billy-Diamond Highway (Figure 2). A pegmatite boulder collected further north on the Property assayed 0.30% Li2O. Once the results have been assessed by Li-FT, a more extensive exploration program targeting lithium-bearing pegmatites is anticipated to be initiated to further define the till anomaly and potentially develop drill targets. Commented Ian Campbell, President and CEO of Harfang, “We are very pleased with the first exploration program executed by Li-FT and the results received today. They demonstrate the presence of a large lithium-in-till anomaly occurring in part on our Property requiring further exploration work. The option with Li-FT represents the first step of our Critical and Strategic M...