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Li-FT Power Provides Exploration Results from 2022 Exploration Program for the Pontax and Moyenne Projects
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2022) - Li-FT Power Ltd. (CSE: LIFT) (FSE: WS0) ("Li-FT" or the "Company") is pleased to provide exp
About this update from Li-ft Power Ltd.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - November 15, 2022) - Li-FT Power Ltd. (CSE: LIFT) (FSE: WS0) (\"Li-FT\" or the \"Company\") is pleased to provide exploration results for the Pontax and Moyenne Projects located in the James Bay region of northern Quebec (Figure 1). During the summer of 2022, the Company completed a regional till geochemistry program within the Pontax and Moyenne Projects. (Figure 2). A total of 1,795 till geochemistry samples were collected within the Pontax Project and 850 till geochemistry samples were collected within the Moyenne Project. A total of 66 grab samples from boulders or outcrop were collected within the Pontax Project. The goal of the 2022 exploration programs was to confirm the presence of lithium pegmatite mineralization beneath extensive glacial sediment cover within the region. Results from the Pontax and Moyenne Projects are reported herein. Till Geochemistry and Rock Sampling Results Till geochemistry sampling over the Pontax Project has produced a Li-Cs-P- Nb -Ga-Mn-W-Mo +/- Ta-Sn-Rb anomaly with dimensions of approximately 8 by 7.5 kilometers (Figure 2). The Pontax Li Anomaly is spatially associated with a granodiorite, granite, and pegmatitic granite body on the southern margin of the Pontax Project which is interpreted to be a fertile granite (Figure 3). 66 rock samples were collected on the Pontax Project from boulders and outcrop. The best sample assayed 0.41% Li2O from an amphibolite unit at the contact of a pegmatite dyke (Figure 3). Till geochemistry sampling over the Moyenne Project has produced a number of small, discontinuous Li +/- pathfinder anomalies. Francis MacDonald, CEO of Li-FT comments, \"The till geochemistry results from the Pontax Project are intriguing. The 60 square kilometers of lithium anomalism in till could represent a number of different things - it could be caused by lithium pegmatites concealed by glacial sediments or it could represent the signature of a fertile granite. We will pursue this anomaly during the next field season to determine if the results represent buried lithium pegmatite mineralization.\" Figure 1 - Location map of the Rupert, Moyenne, and Pontax Projects, James Bay region, northern Quebec Discussion of Results The Pontax Li Anomaly is located within the Anatacau-Pivert greenstone belt, a thin band of supracrustal rocks that ...