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Lake Winn Resources completes NWT lithium project 3D modelling

Market News, Mining
TSXV:LWR
21 June 2023 11:59 (EDT)

Lake Winn Resources (TSXV:LWR) is now finished with 3D modelling work on its Little Nahanni Lithium Project in Canada’s Northwest Territories.

The Vancouver-based mineral resource company owns a 100 per cent stake in the project, covering 7,080 hectares in the western part of the territory.

Exploration data to this point is not sufficient to model for any purpose other than highlighting future exploration targets.

Current 3D modelling is aimed at helping to better define the project’s pegmatite swarms and help define future drill targets.

The 3D modelling was performed by Seequent Leapfrog Geo using surface mapping points and interpretations derived from previous exploration campaigns.

A series of dyke swarms extend over 7,000 metres along the extent of the claim group.

Those swarms range from 50 metres to 250 metres in width, with individual dykes typically between 1 and 10 metres wide.

Dyke swarms dip steeply to the northeast and have been demonstrated in outcrop and drilling to have a vertical extent of 300 metres or more.

“I’m encouraged with Lake Winn’s first-ever visit to the community of Nahanni Butte. We had a wonderful introductory meeting with the Nahanni Butte Dene Band (NDDB) and we look forward to continuing to grow the relationship between Lake Winn and NDDB. I would like to thank Chief Steve Vital and his team for their time and for hosting us in their beautiful community,” Lake Winn Resources CEO Patrick Power said in a statement.

Lake Winn Resources (LWR) is unchanged, trading at $0.06 at 8:15 a.m. ET.

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