- Newpath Resources (CSE:PATH) outlines its property acquisition strategy, exploration plans and activities for 2023
- The company’s newly consolidated Alpha/Bravo projects spans roughly 66,597 hectares in northern Ontario
- The project is one of the largest known land packages in the junior exploration company landscape for lithium and other battery metals in Ontario
- The land package sits southwest of Rock Tech Lithium’s Georgia Lake Project
- Shares of Newpath Resources (PATH) are unchanged at C$0.27
Newpath Resources (PATH) has outlined its property acquisition strategy, exploration plans and activities for 2023.
The company’s recently consolidated Alpha/Bravo Project spans 66,597 hectares in northern Ontario.
It is the largest known land package amongst the junior exploration company community exploring for lithium and other battery metals in Ontario.
“Given the size of our land package and initial indications of lithium present at the Project, we will seek to gain a more regional perspective of the lithium mineralization and then further narrow our scope to determine the highest priority areas of the property for more focused exploration activities,” Alex McAulay, CEO of Newpath Resources, said in a statement.
The company is currently uncovering historical geological data that will support the lithium potential of the Alpha/Bravo Project and guide its summer exploration program.
To date, roughly 170 historically mapped pegmatite occurrences in outcrop have been identified at the project.
The objective is to now determine the lithium-bearing potential of the pegmatites and the extent of the fertile granites that have produced these pegmatites.
Shares of Newpath Resources (PATH) are unchanged at C$0.27.
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