- Musk Metals has announced the first phase of its fourth exploration program on its 100% owned “Elon” lithium project in Quebec
- The company has received a permit and exploration work is expected to start mid-June
- Six anomalies are being targeted, which will be trenched, mapped, and sampled for lithium-rich spodumene
- The Quebec Lithium Mine is located 600m south-west of the Elon Lithium Property
- Musk Metals Corp (MUSK) opened trading at $0.050
Musk Metals (MUSK) has announced the first phase of the fourth exploration program on its “Elon” lithium project in Quebec.
With the permit in hand, exploration work is anticipated to begin in mid-June.
Six anomalies will be trenched, mapped, and sampled for lithium-rich spodumene.
Dynamic Discoveries Geosciences was used to identify targets using topographic imagery (LiDAR), cross referenced with a high resolution heliborne magnetic survey (2021) and DEM.
Possible surface dykes cross cutting the interpreted intrusions, consistent with till anomalies shows a similar setting to the Quebec Lithium Mine located 600m south-west of the Elon Lithium Property.
Musk Metals is expected to trench approximately 175 meters of the proposed 350 meters. Trenches are to be 2m wide, overburden depth is estimated at 0 to 3 meters.
In addition, 50 meters of channel sampling is expected, which will be determined following surface mapping once the bedrock is exposed. Target priorities are set according to where the bedrock is superficial, which is somewhat consistent with outcrop geochemical anomalies rich in lithium, tantalum, and yttrium.
Unexplored targets in the current project will be focused on in future exploration work, such as shallow drilling or further trenching.
On the southern part of the Property there are mountain bike trails, cross-country ski trails and more.
To prevent damage to these trails, the company will be using existing roads outside of the trail system to access their trenches. This resulted in reducing the number of trenches and sampled length the Company will work on in June
Musk Metals Corp (MUSK) is trading at C$0.055 at 3:40 PM ET.