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Mosaic Minerals Begins Exploration Work on Mirabelli SM
MONTREAL, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “the Company”) announces the start of its exploration work on th
About this update from Mosaic Minerals Corp
[{"type":"text","content":" MONTREAL, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “the Company”) announces the start of its exploration work on the Mirabelli SM project located near Eastmain, James Bay, Quebec. The field prospecting campaign is expected to last for a period of one week. The Mirabelli SM property is formed of 345 cells with an area of nearly 20 km² and is located approximately 15 km southeast of the municipality of Eastmain. It is accessible by the Eastmain Village provincial road. The Mirabelli SM sector, which has been very little prospected over the years, could be conducive to the discovery of new metal or mineral indices. Intersected by several major faults located in contact with volcanogenic horizons and tonalitic intrusive, this property presents a geological environment favorable to the presence of gold, silver, base metals, and lithium. This campaign is intended to complement the one carried out in June 2024 to cover the sectors that had not been visited due to the weather. The Company also expects to receive the results of this first campaign in the coming weeks. The June campaign had covered the Maqua SM and Mirabelli SM properties in part. Pluton SM The Company has also conducted in recent weeks an airborne magnetic survey of a total distance of 685 km on the Pluton SM property. Located in the eastern extension of Patriot Battery Metals’ Shaakichiuwaanaan project, this property is 100% owned by Mosaic. The scientific and technical information of Mosaic Minerals Corporation included in this press release has been reviewed and approved by Gilles Laverdière, P.Geo, Vice-President Exploration of Mosaic Minerals and qualified person under National Instrument 43-101 respecting information concerning mining projects (“Regulation 43-101”). About Mosaic Minerals Corporation Mosaic Minerals Corp. is a Canadian mining exploration company listed on the Canadian Securities Exchange (CSE: MOC) focusing on the exploration of critical minerals such as Nickel in the province of Quebec. This release contains certain “forward-looking information” under applicable Canadian securities laws concerning the Arrangement. Forward-looking information reflects the Company’s current internal expectations or beliefs and is based on information currently available to the Company. In some cases, forward-looking infor...