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Manning Ventures Annouces Upcoming Field Program at the Newfoundland Dipole Lithium Property
Vancouver, BC - TheNewswire - May 11, 2023 - Manning Ventures Inc. (the “Company” or “Manning”) (CSE:MANN) (FRA:1H5) (OTC:MANVF) is pleased to provide an update
About this update from Manning Ventures Inc
[{"type":"text","content":"Vancouver, BC - TheNewswire - May 11, 2023 - Manning Ventures Inc. (the “Company” or “Manning”) (CSE:MANN) (FRA:1H5) (OTC:MANVF) is pleased to provide an update on upcoming exploration activities at it’s 100-percent owned Dipole Lithium Property (the “Property”) in Newfoundland. The Company is in the planning stages of an extensive field program as soon as weather permits. Manning Ventures Dipole Lithium project is a 997.3-hecatre project located within the Hermitage Flexure structure approximately 50 kilometers along strike of the Sokoman/Benton Kraken Lithium discovery. The Hermitage Flexure is a regional-scale structural corridor containing volcano-sedimentary rock units, which are favorable host-rocks for spodumene-bearing LCT pegmatites. The Hermitage Flexure is thought to be the continuation of the Avalonia to Kings Mountain/Piedmont Trends as discussed below. During the first half of 2022, Dahrouge Geological Consulting (“DGC”) completed a regional metallogenic study of southern Newfoundland and recommended the acquisition of The Property due to its prospective nature for hosting Lithium-Cesium-Tantalum type pegmatite- and/or tungsten mineralization. The Property is host to several positive indicators for lithium mineralization. The Company completed a reconnaissance scale program in late 2022 that successfully accomplished the task of validating the Property’s LCT-style affinity by returning highly anomalous lithium values (up to 472 ppm Li) hosted in a felsic intrusive host rock. This program successfully confirmed that lithium-enriched intrusives are present at Dipole while delineating a newly discovered 100m zone that produced five samples of highly anomalous lithium values from 367 ppm to 472 ppm Li (see Manning news release dated February 8, 2023). “These highly anomalous lithium values are significant, well above expected background levels, and justify further exploration efforts,” said CEO, Alex Klenman. “Given the promising results from the reconnaissance scale program, combined with the positive results nearby, we are eager to conduct further recon and sampling over the summer months with the goal to identify potential first phase drill targets for Q3/Q4,” continued Mr. Klenman. The Company will provide more details on the timing and full scope of planned activities ...