Business
Mosaic Minerals Congratulates Patriot Battery Metals on Their Recent Drilling Results on Corvette
MONTREAL, April 04, 2023 (GLOBE NEWSWIRE) -- Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) would first like to congratulate the management
About this update from Mosaic Minerals Corp
[{"type":"text","content":" MONTREAL, April 04, 2023 (GLOBE NEWSWIRE) -- Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) would first like to congratulate the management of Patriot Battery Metals for the success it is achieving in the development of its Corvette project, in James Bay. Recent drilling results continue to demonstrate the importance of this project, which could eventually lead to a major lithium deposit. Mosaic, through its Pluton SM project located on the eastern edge of the Corvette project, is very pleased to be able to actively participate in the development of this strategic territory with a first phase of work including exploration and ground sampling. The potential targets were defined by the various compilation works carried out in collaboration with ALS Goldspot. This work will begin as soon as access conditions are favorable to the deployment of work teams on site. In order to identify exploration targets for lithium, ALS GoldSpot Discoveries undertakes a process of interpreting and integrating all of the geoscience data available on each property, including rock and sediment geochemistry, geophysics, topography and descriptions of rocks and outcrops. This process includes 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 outcrop and rock descriptions to detect the presence of indicator minerals, and lineamental analysis of topographic data and geophysical surveys to identify structures potentially associated with the emplacement of pegmatites. Subsequently, a remote sensing study is carried out on multispectral satellite data in order to identify and characterize pegmatite outcrops favorable to contain spodumene mineralization. The results obtained are then integrated into the process of defining targets in order to prioritize the sectors to be investigated for the field prospecting campaign in the summer of 2023. Three other Mosaic projects located in James Bay, namely the Dalmas SM project, located east of the Adina showing (Winsome Resources), Mirabelli SM, located west of the James Bay Lithium deposit (Allkem) and Maqua SM, located West of the Mia 1 and 2 lithium showings (Q2 Metals Corp.), will also be visited during the su...