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New Energy Acquires Roslyn Lithium Property Within the Georgia Lake Pegmatite Field, Ontario
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2022) - New Energy Metals Corp. 
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About this update from New Energy Metals Corp.
[{"type":"text","content":"New Energy Acquires Roslyn Lithium Property Within the Georgia Lake Pegmatite Field, OntarioVancouver, British Columbia--(Newsfile Corp. - December 6, 2022) - New Energy Metals Corp. (TSXV: ENRG) (OTCQB: NEMCF) (\"New Energy\" or the \"Company\") is pleased to announce it has signed an option agreement to acquire 100% interest of twelve (12) claims (254 cells) totalling approximately 5,100 hectares that comprise the Roslyn Lithium Property (the \"Property\") located 50 km northeast of Nipigon, northwestern Ontario (Figure 1). The Property is located 20 km southeast of the Georgia Lake Pegmatite Field and 35 km southeast of where Rock Tech Lithium just published a PEA supporting the indicated mineral resource of 10.6 Mt (million tonnes) grading 0.88% Li2O and an inferred mineral resource of 4.2 Mt grading 1.0% Li2O https://www.rocktechlithium.com/news/georgia-lake-project:-pre-feasibility-study-published.Figure 1. Regional location of the Roslyn Lithium Property, northwestern Ontario.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5737/146883_8d70cb22d403eb12_001full.jpgRoslyn Lithium ProjectThe Property consists of 12 claims (254 cells) comprising 5,100 hectares. The following salient features make the Property a high merit for hosting lithium-bearing pegmatites:1) A muscovite-bearing granite is host to the Property, an S-type peraluminous fertile parental granite according to Breaks et al., 20031 and in contact with metasediments which make excellent hosts for pegmatites. Numerous faults transect the Property providing excellent pathways for granitic melts and evolving pegmatites (Figure 2).2) The Roslyn Lithium Property sits approximately 35 km southeast of the Georgia Lake Pegmatite field where several lithium deposits and occurrences are being explored and developed by Rock Tech Lithium, Ultra Lithium and Infinite Ore Corp. (Figure 3).3) Breaks et al., 20082 described the Georgia Lake pegmatite field as the largest concentration of rare element mineralization in the Superior Province. The 32 x 105 km pegmatite field hosts 38 rare-element occurrences and 10 spodumene pegmatite deposits and occurrences. Breaks added that further exploration is recommended (Figure 4). 4) Several white pegmatites with garnet and tourmaline have been documented and mapped on...