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Wednesday, May 31, 2023
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.


Weekapaug Lithium ready for first exploration phase in Ontario

The first phase will look for lithium-cesium-tantalum pegmatites

Weekapaug Lithium ready for first exploration phase in Ontario
Mineralization at the Nakina Property. Image via Weekapaug Lithium.

Vancouver-based Weekapaug Lithium (CSE: GRUV) is set to kick off the first phase of its exploration program at its Nakina lithium project in Northwestern Ontario on July 1.

The company announced on Thursday that the aim for the company’s multiple phase plan is to determine the property’s economic potential by searching for lithium-cesium-tantalum (LCT) pegmatites, and S-type granites for the rare earth market.

The company hired Planet X Exploration Services to carry out the lithium exploration program, which is anticipated to run for two months. Before any fieldwork begins, the company will determine what regions it should prioritize for potential mineralization. This decision will rely on features such as structural characteristics and the type of rocks in these areas. A comprehensive examination of currently available geological maps and reports will be carried out, in addition to compiling all present and historical data.

Specific areas will be selected for detailed fieldwork based on the findings for this analysis. Also, all required permissions will be acquired, and the necessary logistics will be arranged in preparation for the field activities.

During the fieldwork phase, mapping and prospecting activities will be carried out to gather crucial geological and geochemical data. The goal is to identify the occurrence of pegmatites and pinpoint targets rich in LCT.

The prospecting stage will be broken down into several steps. The first is reconnaissance, where initial examination of the area is performed. This is followed by initial sampling, which aims to gather a broad range of data from the selected area. Detailed geological mapping comes next, providing a more nuanced picture of the region’s geological features. Lastly, the prospective areas will undergo soil and till geochemical sampling for in-depth data collection.

Naking property map. Image via Weekapaug Lithium.

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Samples will determine economic potential

The samples collected during these phases will then be studied to measure the economic potential of lithium mineralization in the region. The analysis will provide insights into whether the lithium resources found are sufficient for profitable extraction.

The geology surrounding the property hasn’t yet been extensively studied, particularly focusing on the mineralization linked with the local rare-element pegmatites and related S-type, peraluminous granites. The first phase of the project is designed to produce a thorough report and dataset, involving detailed maps, figures, and images. This information will build on both the data recently collected and historical records.

Once the geochemical samples have been analyzed, the complete data will be used to create a target-generation model for the second exploration phase. This model will serve as the basis for further evaluation and testing, allowing for a better understanding of the property’s potential for mineralization.

The property is accessible via the seasonal Maun Lake forest road and spans 7,390 hectares across 360 mineral tenures within the Northern Thunder Bay Mining Division. It’s situated approximately 90 kilometres north of Geraldton and 300 kilometres northeast of Thunder Bay. It’s also within the advanced Green Technology Metals “Seymour Project” area and is directly adjacent to their Superb Lake Lithium prospect. Despite its prime location, there has been no industry or systematic exploration carried out over the claim area, marking it as an extremely promising grassroots project.

Weekapaug Lithium shares rose 50 per cent on Thursday to $0.03 on the Canadian Securities Exchange.


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