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Pegmatite One Lithium Completes Channel Sampling at Frazer Mound Lake and Resubmits Samples for Overlimit Testing
A 49-metre, continuous channel sample has been collected at the discovery exposure of the Islander Dyke. 47.5-metres of the channel is located within the spodum
About this update from Pegmatite One Lithium And Gold Corp.
[{"type":"text","content":" A 49-metre, continuous channel sample has been collected at the discovery exposure of the Islander Dyke. 47.5-metres of the channel is located within the spodumene-bearing pegmatite dyke, with an additional 1.5 metres cut in metasedimentary host rocks. 49 samples, each 1 metre in length, were collected and have been sent for assay. Spodumene (up to 40% in a single sample) was noted in 48 of the 49 metre-long sample cuts. The dyke has a true width of approximately 30-35 metres and is currently exposed over a strike length of approximately 70 metres. The dyke consists of a coarse-grained, muscovite-bearing granite with local pegmatitic pods featuring decimeter-sized spodumene megacrysts. Accessory minerals commonly associated with LCT pegmatites, such as beryl, tourmaline, apatite and garnet, have also been noted. Vancouver, British Columbia--(Newsfile Corp. - October 27, 2023) - Pegmatite One Lithium and Gold Corp. (CSE: PGA) (\"Pegmatite One\" or the \"Company\") is pleased to report completion of its initial channel sample on the Frazer Lake Mound project's new spodumene-bearing pegmatite discovery named the \"Islander Dyke\", 95 km north-northeast of Thunder Bay, northwestern Ontario, Canada. Pegmatite One is further pleased to report samples that had previously returned overlimit assay values >2.5% Li2O (Sodium Peroxide Fusion), are currently receiving additional higher-grade testing (Sodium Peroxide Fusion with ICP-AES finish) procedures to determine true assay values. The company eagerly anticipates assay results. Channel sampling has been completed to evaluate the average grade and compositional consistency over the width of the newly discovered spodumene-bearing pegmatite dyke. Image of a typical channel sample collected at the Frazer Lake Mound Project during this first channel sampling program. Image of a spodumene crystal within the Islander Dyke Image of Islander Dyke channel sampling in progress, looking north Aerial image of Islander Dyke and channel sample location Mr. Kelly Abbott, CEO of Pegmatite One, stated, \"We're excited to announce the completion of our first channel sample on the Frazer Lake Mound project. This is a significant step in our exploration efforts, and we eagerly await the overlimit test results. These initial results provide valuable insights into the composition and potenti...