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Canada Silver Cobalt Finalizes Option Agreement For LCT Lithium Property Near Power Metals Corp Case Lake Project
(TheNewswire) The property package is approximately 240 km 2 and is contiguous with...
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"Canada Silver Cobalt Finalizes Option Agreement For LCT Lithium Property Near Power Metals Corp Case Lake Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The property package is approximately\n240 km\n \n \n 2\n \n \n and is contiguous with\nPower Metals’ Case Lake Lithium LCT property near Cochrane, Ontario.\n \n \n \n \n Coquitlam, BC, -\n \n \n TheNewswire -\n \n \n February 6, 2023 - Canada Silver Cobalt Works\nInc.\n \n \n (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B)\n(the \"Company\" or \"Canada Silver Cobalt\")\nannounces it has finalized and signed the Option Agreement to acquire\na large prospective LCT Pegmatite land package\n(Lithium-Cesium-Tantalum) near Power Metals Case Lake Project. The\nCompany has strategically staked a large package surrounding both the\nclaims provided by the Option Agreement and claims adjacent to the\nPower Metals Case Lake LCT Lithium project for a total holding of\nclose to 240 square kilometres.  The Property and project will be\nfocused on exploring the LCT potential in the area.\n \n \n \n \n \n \n Gerhard Kiessling, P.Geo. VP Exploration, commented,\n“The location, size, and proximity to existing lithium discoveries\nhas our team excited to get started working on this property. With the\ndemand for lithium increasing, we feel that we are in the right place\nat the right time, and are currently in the process of planning a\nsubstantial exploration program for the 2023 field season.”\n \n \n \n \n The claim package is contiguous with Power Metal’s\nCase Lake Lithium Property to the east, where their West Joe Dyke and\nMain Dyke areas have identified some significant lithium grades such\nas\n \n \n 1.86% Li2O (Lithium) over\n19.00m\n \n \n in hole PWM-22-135,\n \n \n 1.58 % Li2O over 15.00m\n \n \n in PWM-22-134\n \n \n (See Power Metals Corp\nNews Release September 8, 2022), and\n \n \n 1.11% Li2O & 2.15% Cs2O (Cesium) over\n6.84m\n \n \n in hole PWM-22-128 (See Power Metals Corp\nNews Release August 19, 2022),\n \n \n \n \n The Property acquisition had focused on two important\nrequirements. The first requirement was land that is both proximal to\nknown mineralization (Power Metals Case Lake) and land that contains\npegmatites identified at surface from historical bedrock, quaternary,\nor engineering maps....