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Ophir Announces Discovery of Spodumene Pegmatites at Pilipas, James Bay, Quebec

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Ophir Metals Corp. (TSXV: OPHR...

articleOphir Metals CorpJune 25, 20243/company/ophir-gold-corp/news/ophir-announces-discovery-of-spodumene-pegmatites-at-pilipas-james-bay-quebec
Ophir Announces Discovery of Spodumene Pegmatites at Pilipas, James Bay, Quebec

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[{"type":"text","content":"Ophir Announces Discovery of Spodumene Pegmatites at Pilipas, James Bay, QuebecVancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Ophir Metals Corp. (TSXV: OPHR) (OTCQB: OPHRF) (FSE: 80M) (\"Ophir\" or the \"Company\") is pleased to announce the discovery of a large spodumene pegmatite outcrop occurrence on the Pilipas Lithium Property (the \"Property\" or \"Project\"), located in the Eeyou Istchee James Bay, Quebec. The Project is located proximal to existing hydroelectric powerlines that flanks the Property to the east, an all-season road that crosses the western side of the Property and is situated in greenstone terrain that is highly prospective for lithium pegmatite. HighlightsNewly discovered spodumene pegmatite occurrence, the Highway (HW1) showing, with the approximate dimensions of > 150 m along strike and up to 30 m wideThe pegmatite is open in multiple directionsOutcrop is situated approximately 200 m east of the Billy Diamond HighwaySpodumene was also identified in a separate trend 500m south of the HW1 showing, with seven (7) additional discontinuous spodumene bearing pegmatite outcrops over an approximate strike length of 450 mSelect samples have been sent for rush analysis to SGS CanadaDrill program planned for late summer/fall 2024 \"We are extremely excited on the success of our initial exploration program at Pilipas. The discovery of multiple spodumene bearing outcrops within 200 m of the main highway so far has exceeded expectations. The main spodumene bearing outcrop is visible along strike length of over 150 m, is up to 30 m wide, and open in multiple directions. The spodumene outcrop size is equal or larger to that of major lithium discoveries elsewhere in James Bay made by other companies,\" comments Shawn Westcott, CEO of Ophir. He continues: \"We look forward to following up the discovery with a fully funded inaugural drill program in late summer/fall 2024. The ground exploration program is ongoing, and crews will focus remaining efforts on the prospective trend between the new discovery and Quebec Precious Metals Ninaaskuwumin pegmatite situated ~3.7 km to the southeast.\"The 2024 exploration program began on May 20th following completion of the annual goose harvesting season in James Bay. Crews prioritized targets selected from a detailed data compilation and to date over 460 grab sampl...

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