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Manning Ventures Provides Corporate Update on its Lithium Focused Exploration Portfolio
Vancouver, British Columbia - TheNewswire - October 17, 2023 - Manning Ventures Inc. (the “Company” or “Manning”) (CSE:MANN) (OTC:MANVF) (Frankfurt:1H5) is plea
About this update from Manning Ventures Inc
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - October 17, 2023 - Manning Ventures Inc. (the “Company” or “Manning”) (CSE:MANN) (OTC:MANVF) (Frankfurt:1H5) is pleased to provide a corporate update regarding exploration activities and plans for its growing lithium project portfolio. Throughout 2023 the Company has assembled a highly prospective lithium exploration project portfolio. The footprint includes land positions in Ontario, Quebec, and Newfoundland, all within established and growing lithium-based exploration districts. Figure 1: Manning Ventures Lithium Projects in Ontario, Quebec and Newfoundland, Canada Quebec – Leaf River Lithium Camp Manning has established a significant presence with four projects located within the emerging Leaf River lithium camp in Northern Quebec. Other companies operating in the area and already generating positive early-stage results include Discovery Lithium, Max Power Mining, Eureka Lithium and Targa Exploration (Figure 2). The Snap, Crackle, Pop and Pow projects represent over 65,000-hectares that target areas that comprise some of the highest (99% percentile) lithium, cesium, and rubidium lake sediment anomalies in the Government du Quebec lake sediment database (SIGÉOM). The Company is pleased to be working with renowned prospector Shawn Ryan and his team at GroundTruth Exploration on these highly prospective targets, with a first phase reconnaissance program consisting of ground mapping and sampling already underway. Figure 2: Manning project locations and neighboring companies in the Leaf River Lithium Camp Quebec – Bounty Lithium Project The Bounty Lithium Project is a 4,659-hectare property located in the James Bay Lithium District of northern Quebec. In 2022 the Company carried out multiple sampling programs targeting areas that contained anomalous LCT-pegmatites. The highest value so far on the property was collected, containing 707 ppm lithium (0.15% Li2O). Additionally, it contains the highest amount of cesium (661 ppm Cs) and very elevated Rubidium (1163 ppm Rb); both adding confirmation to the LCT-style pegmatite model on the northern end of the property. Given the distribution of lithium content of other pegmatites in the James Bay Lithium District, the samples have been categorized into three categories as follows: A. Very anomalous (greate...