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Update on 2024 Summer-Fall Exploration and Development Activities at Shaakichiuwaanaan, Quebec, Canada
Update on 2024 Summer-Fall Exploration and Development Activities at Shaakichiuwaanaan, Quebec, C...
About this update from Pmet Resources Inc.
[{"type":"text","content":"\n\n\n\n Update on 2024 Summer-Fall Exploration and Development Activities at Shaakichiuwaanaan, Quebec, Canada\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Oct. 27, 2024\n \n\n /CNW/ -\n \n October 28, 2024\n \n –\n \n Sydney, Australia\n \n\n\n\n Highlights\n \n\n\n\n 2024 drill campaign nearly complete having drilled ~127,700 m (428 holes) at Shaakichiuwaanaan since January.\n \n\n Results for more than\n \n 65,000 m\n \n (262 holes) remain to be reported pending final assays from the summer-fall program.\n \n\n The 2024 infill drill campaign at the CV5 Spodumene Pegmatite further supports conversion of Inferred resources to Indicated resources, underpinning the Feasibility Study on schedule for the third quarter 2025.\n \n\n Updated Mineral Resource Statement targeted for March/\n \n April 2025\n \n .\n \n\n Results for approximately\n \n 10,000 m\n \n (33 holes) of follow-up drilling at the CV13 Spodumene Pegmatite's high-grade Vega Zone remain to be reported pending final assays.\n \n\n Geotechnical, hydrogeological, and geomechanical drilling to support the Feasibility Study anticipated to be finished within two weeks, completing the bulk of the 2024 calendar year exploration spend.\n \n\n Includes monitoring well installation and several long-duration pump tests.\n \n\n\n\n Various trade-offs and development studies underway in support of the Feasibility Study.\n \n\n 2024 surface exploration complete, which included channel sampling, geological mapping, and prospecting of the broader CV Lithium Trend – results to be presented in a subsequent news release.\n \n\n Environmental field programs have progressed to plan and a summary will be presented in a subsequent news release.\n \n\n\n Ken Brinsden, President, CEO and Director, comments:\n \n \"There has been significant activity at site throughout the year, both in new exploration and in support of Project development for CV5 as we progress the Feasibility Study. Our Preliminary Economic Assessment (\"PEA\"), announced\n \n\n...