Source: Musk Metals Corp.
  • Musk Metals (MUSK) has completed the first ground survey on its Elon Lithium Property
  • The property is located approximately 600 metres northeast of the Lithium Amérique du Nord project in Quebec
  • Musk Metals has now started Phase 2 which includes data compilation, geological mapping, trenching and sampling
  • Results are encouraging with the identification of potential host rock for lithium mineralization
  • Musk Metals is down 5.26 per cent, trading at $0.09 at 11:30 am ET

Musk Metals (MUSK) has completed the first ground survey on its Elon Lithium Property.

The property is located approximately 600 metres northeast of the Lithium Amérique du Nord project in Quebec.

Musk Metals has now started Phase 2 which includes data compilation, geological mapping, trenching and sampling.

Phase 3 should be conducted during the fall and would consist of diamond drilling and metallurgical testing. Exploration work shows that a thick layer of sand covers the centre and northern part of the Property, while more outcrops and till are available on the southern part.

“Musk Metals is continuing its 2021 work programs on both of our highly prospective lithium projects situated in active lithium camps with lithium deposits in close proximity.

The preliminary work completed to date will allow the company to better define the potential for lithium mineralization and so far, the results are encouraging with the identification of potential host rock for lithium mineralization along with some mineralization found in outcrops and boulders. The correlation of those samples and the till survey results will better define targets for the company to explore in the following phase of work which should consist of trenching to complete Phase 2 and to be followed by Phase 3, which will include drilling and metallurgical testing of any lithium mineralization discovered,” said Musk Metals CEO and Director, Nader Vatanchi.

Musk Metals remains focused on the development of highly prospective, discovery-stage mineral properties located in some of Canada’s top mining jurisdictions.

Musk Metals is down 5.26 per cent, trading at $0.09 at 11:30 am ET.

More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.
Laurion Mineral Exploration Ishkõday gold project

Top-performing mining stock adds three new gold zones

Laurion Mineral Exploration (TSXV:LME), a top-performing junior gold stock, shares assay results from its 2024 drilling program in Ontario.