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ALS Goldspot Discoveries Identifies Several Favorable Pegmatites on Mosaic Minerals Corporation Lithium Projects
MONTREAL, April 25, 2023 (GLOBE NEWSWIRE) -- Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) has obtained a first interim report identifying
About this update from Mosaic Minerals Corp
[{"type":"text","content":" MONTREAL, April 25, 2023 (GLOBE NEWSWIRE) -- Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) has obtained a first interim report identifying several pegmatites containing lithium showings as well as a set of potential unanalyzed pegmatites or visited for lithium in previous years having been listed on the company's various lithium projects. In order to identify these different exploration targets for lithium, ALS GoldSpot Discoveries (AGD) undertook an extensive process of interpreting and integrating all available geoscience data on the nine (9) 100% owned lithium projects by the Company including rock and sediment geochemistry, geophysics, topography and descriptions of rocks and outcrops. This process involved several processing steps to define areas of interest, such as the enhancement and interpretation of sediment surveys, the analysis of lithogeochemistry to detect favorable contexts for the mineralization of lithium minerals, the analysis descriptions of outcrops and rocks to detect the presence of indicators and/or associated minerals as well as lineamental analysis of topographic data and geophysical surveys to identify structures potentially associated with the emplacement of pegmatites. A remote sensing study is also underway on multispectral satellite data to identify and characterize pegmatite outcrops that are likely to contain spodumene mineralization. The results obtained will then be integrated into the final target definition process in order to prioritize the sectors to be investigated for the field prospecting campaign planned for the summer of 2023 on the Maqua SM, Pluton SM, Mirabelli SM, Lithium SM and Lichen projects. “We are very pleased to see that the choice of our staked properties for lithium offers concrete opportunities. The work of ALS GoldSpot demonstrates that our various projects contain several potential pegmatite targets favorable to the presence of spodumene. We will still have to do the basic exploration work before confirming everything. Which should be done by the end of summer 2023,” said Jonathan Hamel, President, and CEO of Mosaic. The Lithium SM project, located north of Quévillon, will receive special attention. This project, according to data compiled by AGD, includes some lithium showings associated with the presence of pegmatites. One of these showings reveale...