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Equitorial Encounters 36m Pegmatite at Cat Lake Lithium Property, Manitoba
(via TheNewswire) Vancouver, BC, Canada / TheNewswire / March 21 , 2018 - Eq...
About this update from Lake Winn Resources Corp.
[{"type":"text","content":"Equitorial Encounters 36m Pegmatite at Cat Lake Lithium Property, Manitoba(via TheNewswire)\n \n \nVancouver, BC, Canada / TheNewswire / March 21, 2018 - Equitorial Exploration Corp. (TSX-V: EXX, Frankfurt: EE1, OTCQB: EQTXF) (\"Equitorial\" or \"Company\") is pleased to report that drill hole CT-18-02 encountered approximately 36 meters of a spodumene bearing pegmatite in core at its 100%-owned Cat Lake Lithium Property in SE Manitoba directly, adjacent to the Cat Lake Mineral Project owned by Quantum Minerals Corp. \n\n\n \nDrill Program Update \n\n\n \nDrill hole CT-18-02 is the second drill hole of the Company's aggressive 1,100 meter drill program. Drill hole CT-18-02 was positioned to intersect a possible extension of the Irgon Pegmatite system, presently being explored by QMC Quantum Minerals to the west of the company's claims. \n\n\n \nThe drill hole encountered approximately 36 meters of a spodumene bearing pegmatite (true width not determined at this time) at a depth of 126 meters downhole or 90 meters below the surface. \n\n\n \nThe hole was collared approximately 200 meters southeast of the last surface exposure of the Irgon Pegmatite. Prior to being drilled, this pegmatite was buried with no surface expression. \n\n\n \nThe next few drill holes will focus on defining the orientation and extent of the newly discovered pegmatite. \n\n\n \nThe company is presently in the process of sampling the new pegmatite and will announce assay results once they are received and reviewed. \n\n\n \nThe drill program is headed up by Carey Galeschuk. P. Geo, a consulting geologist with extensive experience in lithium bearing pegmatites. He also serves as Qualified Person for the purpose of National Instrument 43-101. \n\n\n \nCEO Jack Bal, comments \n\n\n \n\"The discovery of this new pegmatite at depth may be a part of the Irgon Pegmatite system or represent a totally new pegmatite system. Either scenario adds significant value to Equitorial's Cat Lake Property and to the Company as a whole. We will continue to enlarge our understanding of this new discovery.\" \n\n\n \nCat Lake Lithium Property Highlights\n\n\n \n\n\n- Property situated directly east and along strike of Quantum Minerals' Cat Lake Mineral Project (previously Irgon Lithium Mine). During 1956-1957, the Irgon Mine was an underground mining operation for spodumene (one ...