Determine 1: Hampden Venture Location – Proximity to Patriot’s Corvette Venture
Determine 2: The Carmoy Venture – Distant Sensing Goal Areas and recognized pegmatite dyke (inset). Map is annotated with Coolabah subject group traverses and pattern collected throughout the Carmoy property.
NSW, AUSTRALIA, September 14, 2023/EINPresswire.com/ — Highlights
• First go subject reconnaissance and floor sampling program accomplished throughout the Carmoy, La Grande and Mago Properties
• 27 rockchip samples had been collected and despatched to SGS Val-d’Or, Quebec, Canada
• The Hampden Venture is positioned roughly 10 km north-east of Patriot’s Corvette Property lately saying the most important lithium pegmatite useful resource within the Americas and the eighth globally1
• Preliminary subject exploration and entry was delayed as a result of intense wildfires engulfing the agricultural areas of Quebec
Coolabah Metals Restricted (ASX:CBH) (“Coolabah” or “the Firm”) is happy to announce that the primary go, helicopter assisted subject reconnaissance and floor sampling program has efficiently been accomplished throughout the Hampden Lithium Venture. The sphere group centered on floor truthing targets generated from the lately acquired distant sensing knowledge.2
Coolabah acquired the Hampden Lithium Venture to probe for lithium bearing pegmatites, like these found by Patriot Battery Metals (ASX:PMT). Coolabah’s first go subject reconnaissance and floor sampling program has lately been accomplished, with the sector group centered on floor truthing and investigating interpreted pegmatite dykes and targets generated from distant sensing.
Floor truthing resulted in profitable identification and sampling of a number of pegmatites and pegmatitic veins throughout the Hampden properties.
Floor truthing additionally revealed a number of of the beforehand interpreted dykes had been actually linear glacial deposits generally known as eskers lined in pale to white colored lichen which makes them troublesome to distinguish from outcropping dykes utilizing satellite tv for pc imagery.
Coolabah Managing Director Cameron Provost, acknowledged:
“The bottom truthing resulted in profitable identification, and sampling of a number of pegmatites and pegmatitic veins, throughout the Hampden properties.
The Board appears to be like ahead to reporting the assay outcomes to the market within the coming weeks.”
Reconnaissance additionally lined smaller areas of curiosity at La Grande, Mago and Taiga. A complete of 27 rockchips had been collected throughout the Hampden properties from predominantly outcropping pegmatites, tonalites and gneiss. Rockchips will probably be analysed for lithium in addition to a set of different components. Samples are at the moment in chain of custody beneath Axiom Exploration Group and in transport from the Hampden Venture claims to the SGS laboratory, positioned in Val-d’Or, Quebec, Canada.
Coolabah will replace the market when outcomes have been acquired.
1. Patriot Battery Metals (ASX:PMT) – ASX Announcement July 30 2023
2. CBH – ASX Announcement August 16 2023
Debra Clarke
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Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
