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Ontario lithium project suite advancing on schedule and on budget

Market News, Mining
CSE:BY
26 May 2023 09:31 (EDT)

Beyond Lithium’s (CSE:BY) 2023 Phase 1 exploration program in Ontario is progressing on schedule and on budget.

The Winnipeg-based miner reported that prospecting and sampling surveys are complete at multiple properties, and ongoing sampling to continue in the weeks ahead over several additional properties across the province.

Source: Beyond Lithium Inc.

Field crews are on track to complete the Phase 1 fully funded exploration program before August including prospecting, mapping, and sampling of all 64 properties.

Since the beginning of the Phase 1 exploration program, three teams have covered a total of 15 properties including six properties in the Dryden Mavis Lake area, three properties in the McKenzie Bay area, three properties in the Mountairy and Hill Top Lake areas, and three properties in the Escape Lake area.

Source: Beyond Lithium Inc.

Exploration teams began prospecting six properties in the Georgia Lake area around Rock Tech Lithium’s (TSX:RCK) Georgia Lake deposit and Imagine Lithium Inc. (TSX:ILI), as well as two properties in the Hearts area.

A fourth team will be deployed in early June to the Case Lake area to prospect three properties around Power Metals’ Case Lake property.

Historical drill core of three properties that intercepted pegmatites will be relogged and sampled by a senior geologist in June with results expected in July.

The LiDAR survey on the Wisa property is anticipated to start in early June and the final report is expected to be delivered in July.

Source: Beyond Lithium Inc.

Beyond has submitted 73 samples to a lab in Red Lake, Ontario for analysis with an additional 66 collected samples to be submitted for analysis.

Beyond Lithium is the largest greenfield lithium exploration player in Ontario and recently changed its name from Beyond Minerals, click here for more on that news.

Beyond Lithium Inc. (BY) opened trading at $0.31 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

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