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Xplore Reports Surge Reconnaissance Results and Provides Update on Ontario Property Portfolio
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Xplore Resources Corp. (TSXV: XPLR) ( "Xpl...
About this update from Xplore Resources Corp.
[{"type":"text","content":"Xplore Reports Surge Reconnaissance Results and Provides Update on Ontario Property PortfolioToronto, Ontario--(Newsfile Corp. - March 1, 2023) - Xplore Resources Corp. (TSXV: XPLR) (\"Xplore or \"the Company\"), is pleased to report results from the initial reconnaissance mapping of the Surge Lithium Property (\"Surge\"), located approximately 110 kilometres northeast of Sioux Lookout, Ontario.Highlights:Trace element results suggest opportunity for lithium-cesium-tantalum (\"LCT\") type pegmatites;Key element ratios indicate favourable setting for LCT pegmatites; Anomalous copper, zinc and nickel results associated with sulphide trend;In Q4, 2022, the Company completed an initial reconnaissance mapping and sampling program at Surge. The program was undertaken to evaluate access to and outcrop exposure within the Surge property in advance of 2023 exploration budget preparation. Any outcrops of interest were sampled and submitted for multi-element analyses. A total of ten pegmatite outcrops were identified, five (5) of which were channel sampled. The identified pegmatite outcrops were identified south of the St. Joseph Fault (\"SJF\"), on trend to known lithium-cesium-tantalum (\"LCT\") pegmatites currently being drilled at the adjacent Root Property owned by Green Technology Metals Ltd. (\"GT1\"). The St. Joseph Fault (\"SJF\"), which defines the regional geological break between the Uchi and English River geological sub-provinces. These sub-provincial breaks are considered prospective for LCT pegmatites, as demonstrated by GT1's recent reporting on exploration results. Trace element and element ratios from the five pegmatites sampled to date at Surge returned values within the tolerances specified by Černý P. (1989) for fertile granites (Ref. Table 1.0). The reader is cautioned that the limited data population may not be representative and further sampling and analysis is strongly recommended.Sample results were also returned for the 1,500 metre long, east-west striking zone of disseminated to massive sulphide mineralization identified in eight (8) outcrops parallel to the SJF in the northern portion of the property (Ref. Figure 1.0). A total of sixteen (16), saw cut channel samples were collected from outcrop and submitted for analysis. Results identified anomalous copper, nickel and zinc mineralization in 81% of ...