Lithium exploration company, Critical Elements Corporation, is reporting notable results from their Rose project located in the James Bay region of Québec. The exploration drilling campaign has identified a lithology succession favorable for hosting economic concentrations of pegmatite spodumene within the property. This series of successful drill holes have revealed high-grade spodumene grades with an average grade of 2.4% Li2O. Recent results from the company’s sampling program have reported a peak spodumene content of 5.62% Li2O within a single sample.
The Rose project is situated within the Évérend Domain, a large block of Archean rocks belonging to the province’s La Grande Greenstone Belt (LGB). This Archean belt plays host to major lithium-rich pegmatites in the region. Drilling conducted at the property has revealed a chlorite-altered dyke containing significant disseminated and blebby spodumene.
The company’s quality mapping and sampling program have done a considerable job in confirming the presence of a significant pegmatite along this corridor, as well as providing an initial resource estimation.
The Rose Project sample revealed up to 5.62 percent Li2O at its highest grades, which bodes exceptionally well for the potential of the property. These samples from the project were taken from near-surface drilling within the underexplored area.
The positive results from the Rose project have placed Critical Elements Corporation one step closer to realizing their goal of becoming a successful lithium exploration and development company. The company’s commitment to difficult and often lengthy exploration programs looks toBenefit its shareholders well into the future. Its programs and activities have become an indication of the company’s focus on securing an economically viable resource base within the province.
The development of the Rose property is expected to move forward strongly this year, as this discovery continues to encourage interest in the project. It is likely that further surface exploration and drilling programs will be conducted within the domain in the near future.
This is not the first success from Critical Elements Corporation, as the Rose Project marks the sixth positive story of the company’s exploration and development portfolio. To date, Critical Elements holds around 70 percent of the James Bay region’s known spodumene resources, as the promising grades of the Rose project continue to maintain the potential of the James Bay spodumene province.