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Rock Edge Resources Acquires the Pag North Lake Lithium Project, Northwestern Ontario
VANCOUVER, BC / ACCESSWIRE / February 7, 2023 / Rock Edge Resources Ltd. (the "Company" or "Rock Edge") (CSE:REDG) is pleased to announce it has signed an optio
About this update from Inspiration Mining Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / February 7, 2023 / Rock Edge Resources Ltd. (the \"Company\" or \"Rock Edge\") (CSE:REDG) is pleased to announce it has signed an option agreement to acquire a 100% interest in the Pag North Lithium Project (the \"Property\") located east of LongLac, northwestern Ontario. The Property consists of 9 mining claims (189 cells) comprising 3,932 hectares. The Property is hosted within the Quetico Subprovince, the same subprovince that hosts the Georgia Lake Pegmatite field which to date contains over 38 rare-element occurrences and 10 spodumene pegmatite deposits (Breaks et al., 2003). The Trans-Canada Highway 11 lies just to the north of the Property providing ample access. Charles Desjardins, CEO of Rock Edge states, \"We continue to acquire opportunities in the critical mineral space in northwestern Ontario. The Pag North Lithium Project has the geological environment to contain rare-element pegmatites and evidence to date supports the potential merit. This is an unexplored portion of a subprovince that has been proven to yield valuable lithium resources. We look forward to the spring to commence mapping and sampling.\" Pag North Lithium Property The Pag North Lithium Project consists of 9 mining claims totaling 3,932 hectares. The Property lies within 500 m of the terrane boundary between the East Wabigoon and Quetico subprovinces. These terrane boundaries are integrally related to the location of northwestern Ontario lithium deposits and occurrences, as they act as deep-seated sutures for parental granitic melts (Breaks et al., 20031) (Figure 1). The Property host a S-type peraluminous muscovite granite (Pagwachaun pluton) in contact with metasediments. Metasediments make excellent exo-contact hosts for rare-element pegmatites. Several muscovite bearing pegmatites were mapped by the OGS in Map 26492 in 1983, hosted within the Pagwachaun pluton and within the metasediments. This is a promising sign that the S-type peraluminous granite has fractionated and deposited pegmatites within the exo-contact. Further to add to the merit of the Property is the Pagwachaun fault along the north shore of the Pagwachaun Lake providing structure and fracture systems for parental melts. Figure 1. Lithium deposits and pegmatite fields of northwestern Ontario. Source OGS. Figure 2. Regional geological location of the M...