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Equitorial Exploration Corp. Announces Additional Results on the Li Lithium Property

(via Thenewswire.ca) Vancouver, BC, Canada / TheNewswire / October 20, 2016 - Equitori...

articleLake Winn Resources Corp.October 20, 20164/company/lake-winn-resources-corp/news/equitorial-exploration-corp-announces-additional-results-on-the-li-lithium-property
Equitorial Exploration Corp. Announces Additional Results on the Li Lithium Property

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[{"type":"text","content":"Equitorial Exploration Corp. Announces Additional Results on the Li Lithium Property(via Thenewswire.ca)\n \n \nVancouver, BC, Canada / TheNewswire / October 20, 2016 - Equitorial Exploration Corp. (TSX Venture Exchange: EXX, Frankfurt: EE1) (\"Equitorial\") is pleased to announce specimen sample results from its 2016 exploration program on the company's 100-per-cent-owned Li lithium property, which hosts the Little Nahanni pegmatite group (LNPG). The Li property lies 30 km northwest of the Cantung Mine Site in the Northwest Territories, immediately east of the Yukon Territory border (Figure 1). \n\n\n \nIn addition to the 81 channel samples that were collected during the 2016 field program (see News Release dated September 6, 2016), three specimen samples were taken from parts of the lithium-cesium-tantalum pegmatite dyke swarms. These specimens returned:\n\n\n \n\n\n-2.85 % Li2O, 28.1 g/t Ta2O5 and 0.05% SnO2;\n\n\n\n-1.85% Li2O, 53.4 g/t Ta2O5 and 0.05% SnO2; and,\n\n\n\n-1.36% Li2O, 55.8 g/t Ta2O5 and 0.11% SnO2.\n\n\n\n\n \nLithium-cesium-tantalum pegmatite dyke swarms on the Li property have been traced over a combined length of 13 km in mountainous terrain that is deeply incised by several east- or west-facing cirques. The sampled portions of the dyke swarms are up to 52.60 m wide. Each dyke swarm contains multiple dykes that range from 0.2 to 10 m in width. The dykes strike northerly and have near vertical dips. They are well exposed on cirque walls, but most of these areas are too steep to sample. Fortunately, relatively continuous bedrock exposures are accessible at the base of cliffs on the north and south side of cirques. Cirque floors are covered by overburden. \n\n\n \nEquatorial is in the process of acquiring high resolution satellite images for the Li property. These images will assist with mapping the dyke swarms on surface and will allow for a greater degree of certainty when creating a three dimensional model based on surface and drill hole structural measurements. \n\n\n \nIn spring 2017, Equatorial will be retrieving the diamond drill core from the 2007 program from its current storage location in southeast Yukon and transporting it back to Whitehorse for re-logging and re-processing.\n\n\n \nIn summer 2017, Equatorial is anticipating a field program comprising diamond drilling, channel sampling, geological ...

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