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Detailed Mapping and Sampling Program Returns Values up to 4.1% Li2O and 6.1% Rb2O at the Silverleaf Pegmatite, Lithium One Project, SE Manitoba
(via TheNewswire) November 13th, 2018 / TheNewswire / Rockport, Canada - New Age Metal...
About this update from New Age Metals Inc
[{"type":"text","content":"Detailed Mapping and Sampling Program Returns Values up to 4.1% Li2O and 6.1% Rb2O at the Silverleaf Pegmatite, Lithium One Project, SE Manitoba(via TheNewswire)\n \n\n\n\n- New Age Metals has an Option/Joint-Venture agreement with partner Azincourt Energy Corp (AAZ) on its eight pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba\n\n\n\n- Exploration in southeast Manitoba is focused on Lithium-bearing pegmatites and other rare metals. \n\n\n\n- Rubidium Oxide is a highly insoluble thermally stable Rubidium source suitable for glass, optic and ceramic applications. Rubidium is recovered commercially from Lepidolite as a by-product of lithium extraction.\n\n\n\n- Mapping and sampling at the Silverleaf Pegmatite on the Lithium One Project returned numerous samples of strong lithium mineralization with assays up to 4.1% Li2O and Rubidium up to 6.1% Rb2O on the Silverleaf Pegmatite. \n\n\n\n- Drill permits have been applied for on the Lithium Two and Lithium One Projects and the company is awaiting approval from the province.\n\n\n\n- The company recently signed an Exploration Agreement with the Sagkeeng First Nation, see news release dated October 25, 2018.\n\n\n\n \n\n \nNovember 13th, 2018 / TheNewswire / Rockport, Canada - New Age Metals Inc. (NAM) (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) New Age Metals is pleased to provide an update on the current surface exploration program on the company's Lithium One Project. The company's Lithium Division, Lithium Canada Development, has an aggressive exploration program for 2018. The Joint Venture with New Age Metals and Azincourt Energy, has eight Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba (Figure 1). \n\n\n \nLithium One Project \n\n\n \nA field crew was active in the late summer and early fall exploring on the Lithium One Project. The reported results are from the Silverleaf Pegmatite (Figure 2). The Annie and other pegmatites from the Lithium One Project have been assayed and assay results are pending. \n\n\n \nThe Lithium One Project is located 125 kilometres northeast of Winnipeg, Manitoba and is geologically characterized as being a part of the Cat Lake-Winnipeg River Pegmatite Field.\n\n\n \n\n\n\nClick Image To View Full Size\n\n\n\n \n \nFigure 1: Claim Map of the Bird River Area Showing the Joint Vent...