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Ophir Metals Samples 3.47% Li2O at the HW1 Showing at Pilipas, James Bay, Quebec

Vancouver, British Columbia--(Newsfile Corp. - August 7, 2024) - Ophir Metals Corp. (TSXV: ...

articleOphir Metals CorpAugust 7, 20244/company/ophir-gold-corp/news/ophir-metals-samples-347percent-li2o-at-the-hw1-showing-at-pilipas-james-bay-quebec
Ophir Metals Samples 3.47% Li2O at the HW1 Showing at Pilipas, James Bay, Quebec

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[{"type":"text","content":"Ophir Metals Samples 3.47% Li2O at the HW1 Showing at Pilipas, James Bay, QuebecVancouver, British Columbia--(Newsfile Corp. - August 7, 2024) - Ophir Metals Corp. (TSXV: OPHR) (OTCQB: OPHRF) (FSE: 80M) (\"Ophir\" or the \"Company\") is pleased to report initial results from multiple spodumene bearing pegmatite dykes discovered during the recently completed surface sampling program on the Pilipas Lithium Property (the \"Property\" or \"Project\"), located in the Eeyou Istchee James Bay region, Quebec. The Project is located proximal to existing hydroelectric power that flanks the Property to the east, and an all-season road that crosses the western side of the Property.HighlightsValidation of the Highway Showing (HW1), with sixteen (16) spodumene pegmatite grab samples averaging 1.98% Li2OFifteen (15) samples returned values greater than 1.0% Li2O, six (6) of which exceeded 2.3% Li2O, over a 150 m exposed strike length and 30 m widthHW1 Showing remains open to the northwestSix (6) spodumene pegmatite grab samples from a mineralized trend, the HW2 Showing, ~500 m south of HW1 returned an average of 1.18% Li2O, with two samples assaying 1.83% and 1.98% Li2OFour outcrop samples between 1.7 to 7.5 km east of the HW1 Showing assayed between 348 ppm to 604 ppm Ta2O5Analytical results for 138 samples remain to be receivedDrill planning for a 2,000 meter summer program has been finalized with a rig expected to be mobilized soonNathan Schmidt, Geologist/Project Manager of Dahrouge Geological comments: \"The first batch of analytical results received from the Pilipas Project to date have exceeded expectations. At the HW1 Showing, assays confirmed the visual estimates of spodumene the team observed over the 150 m strike length of exposure. Both the additional spodumene pegmatite outcrops at the HW2 Showing and the highly anomalous tantalum results to the east, show the property wide potential at Pilipas. We are excited to receive the remaining surface sample assays and test these targets at depth, with the inaugural drill program commencing in early August.\"\"We are incredibly excited to get the drill rig turning at Pilipas to see the extent of mineralization in three dimensions at the HW1 Showing, particularly along strike where it is completely open to the north-west,\" comments Shawn Westcott, CEO of Ophir Metals. The 2024 pr...

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