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Newpath Resources Comments on Lithium Brine Potential Identified Adjacent to the Alpha/Bravo Project
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC PINK: RDYFF) ("Newpath" or the "Company") is
About this update from Newpath Resources Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC PINK: RDYFF) (\"Newpath\" or the \"Company\") is pleased to provide the following update in response to shareholder enquiries regarding drill results from Metal Energy Corp.'s (\"Metal Energy\") Source Rock Lithium Brine Project. Newpath's Alpha/Bravo Project is located immediately south and contiguous to Metal Energy's Source Rock Lithium Brine Project (See map below). Historic drilling on both projects encountered strong evidence of distinct evaporite bedforms (salt, gypsum) in the basal Pass Lake Member of the Proterozoic Sibley Group, often associated with higher clay content. Also noted was another interval of salty brine laden \"sandstone\" higher in the Sibley Group. Both units could be identified in airborne and ground electromagnetic surveys, though most often in hindsight, and were never targeted. Formational waters were left un-analysed and cored Pass Lake rocks incompletely or not sampled. Based upon limited, scattered historic drilling at Alpha/Bravo the depth from surface to the Pass Lake member is up to 325 metres. Lake sediment samples in the area are notably anomalous in lithium, the cause of which is not known. During the 2023 field season, Newpath conducted exploration for lithium-bearing pegmatites south and west of the Sibley sedimentary cover. Historical Perspective Mineral exploration in this part of Ontario area dates to the late 19th century when silver was discovered in veins along the shores and on islands of Lake Superior. Next came amethyst, now the official gemstone of the province of Ontario, found in veins along with lesser amounts of lead, silver and rarely, uranium mineralization. Amethyst mining is on-going in the region, and new occurrences are still being discovered, including at Alpha/Bravo. Geological studies reported in 1931 both defined the Sibley Group, recognized it distinctive mineralization, and noted the numerous salt licks and saline springs in the region. Several waves of uranium exploration in the 1970's through into the mid-2000's focused in on Alpha/Bravo and adjoining claims. This was driven by geological similarities between the Proterozoic geology of the Sibley Group/ Silver Islet area and the Athabasca Group/Uranium City and the Hornby Group/Port Radium regions...