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Musk Metals Corp. (CSE:MUSK) announces drilling program on its Elon Lithium Project in Quebec

Mining
CSE:MUSK
27 July 2022 11:15 (EDT)

Source: Musk Metals Corp.

Musk Metals Corp. (MUSK) has announced a planned eight-hole drill program on its 100-per-cent-owned Elon Lithium Project in Quebec.

Elon Property is located about 600 metres northeast of the Lithium Amérique du Nord project, in Abitibi, Quebec, which produced over 907,000 tonnes of material, at 1.40 per cent LiO2 from 1955 to 1965.

The company received intervention permits in May 2022 to open access trails and exploratory trenches, and the permit will be reused for the drill program.

The drilling work will start in early August, targeting magnetic anomalies and possible sources of soil anomalies from recent surveys.

Musk Metals has completed ground and airborne surveys as well as sampling and has identified two high priority lithium/tantalum targets in the southwest portion of the Elon Lithium Property.

In March 2022, Dynamic Discoveries Geosciences was mandated to identify high-priority drill targets using a property-wide geophysical interpretation along with results from high-resolution heliborne magnetic survey flown in December 2021.

This interpretation along with assay results allowed the company to define multiple targets showing potential for lithium discoveries.

“We have systematically completed multiple geophysical and sampling surveys as well as a full geophysical interpretation of the Elon property and are excited to test our new high priority targets,” said Musk Metals CEO and Director, Nader Vatanchi.

“The upcoming drill program will combine all the data from the previous stages of exploration in this Phase 1 program and complete up to 8 drill holes at Elon,” he added.

Musk Metals plans to drill eight holes, each about 150 metres deep, for a total 1,200 metres.

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

Musk Metals Corp. was up 40.00 per cent, trading at $0.035 at 10:03 ET.


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