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Stria Lithium Announces Numerous Targets Identified in Area with High-Grades of Up To 2.6% Li2o on its Pontax-Lithium Property
Recently completed LiDAR and high-resolution imagery delivers numerous walk-up targets, including unmapped pegmatite looking outcrops, over 10km strike length I
About this update from Stria Lithium Inc.
[{"type":"text","content":" Recently completed LiDAR and high-resolution imagery delivers numerous walk-up targets, including unmapped pegmatite looking outcrops, over 10km strike length Initial interpretation of the recent high-resolution aeromagnetics has identified multiple repetitions of the prospective mafic stratigraphy over the 10km strike length of the main Pontax Project Drilling to date has tested only a 620m central zone; All holes hit spodumene-bearing LCT pegmatites with high-grade, shallow intersections including: 9.0m @ 1.7% Li2O from 46.9m 15.6m @ 1.6% Li2O Cygnus Gold and IOS Services Géoscientifiques geologists to start mapping program this month ahead of 10,000m drilling program scheduled to start in early November The mapping and sampling aim to generate further regional targets to be followed up in the upcoming drilling program Cygnus plans to complete step out drilling and potentially resources definition over the next six months OTTAWA, ONTARIO – TheNewswire - October 20, 2022 - Stria Lithium Inc. (TSXV:SRA) (“Stria” or the “Company”) in partnership with Cygnus Gold Limited (ASX: CY5) (“Cygnus”) is pleased to announce highly promising preliminary results from the recently completed high resolution aeromagnetics and LiDAR surveys at the Pontax Lithium Project located in the prolific James Bay lithium province, Quebec. The LiDAR and high resolution aeromagnetic surveys were completed over the Pontax Property that was optioned to Cygnus Gold in July 20221, Cygnus being the operator of the project This recent work is the first regional exploration to be conducted on the project in over a decade and signifies the first steps in a comprehensive and systematic exploration program to be carried out by the company. Detailed magnetics interpretation and LiDAR has generated numerous walk-up targets which will be mapped in the coming week as our earn-in partners Cygnus and IOS Services Geoscientifiques deploy geologists to start work on the ground for the first time. The Autumn mapping and sampling program aims to generate further regional targets to be followed up in the upcoming drilling campaign expected to commence in early November 2022. The Pontax project has the potential to create significant value for shareholders because high-grade lithium spodumene bearing pegmatites have alread...