- Musk Metals (MUSK) identifies magnetic anomalies from airborne geophysical survey on its 100 per cent owned Lithium Project in Québec
- Control lines were flown perpendicular to traverse lines and at a 500 m line spacing with a total survey distance of 205 l-km
- The closely spaced flight lines and a low-flying high-resolution magnetic survey commissioned by Musk Metals will vector future exploration efforts to those areas of high merit
- The Elon Property appears to contain the three favorable geological features for rare metal pegmatites, such as the presence of concordant stacked sills
- Musk Metals Corp. (MUSK) is in the grey and is trading at C$0.095 at 1:11 pm ET
Musk Metals Corp (MUSK) has completed a high-resolution heliborne magnetic survey on its 100 per cent owned “Elon” Lithium property.
The survey has identified magnetic anomalies in preliminary data.
Musk Metals CEO and Director, Nader Vatanchi states, “It is possible that the eye-shaped low mag in the central part of the survey is associated with a felsic/intermediate intrusion.”
“Lots of detail has now been revealed compared to the regional data. Data clarity will be improved with the final processing that is anticipated in approximately 6 weeks,” added Vatanchi.
The survey consisted of traverse lines oriented N015 to properly map the dominant magnetic/geological strike and with a 50m line spacing.
Control lines were flown perpendicular to traverse lines and at a 500 m line spacing with a total survey distance of 205 l-km.
The closely spaced flight lines and a low-flying high-resolution magnetic survey commissioned by Musk Metals will vector future exploration efforts to those areas of high merit.
Musk Metals is planning a two-phase exploration work program includes data compilation, geological mapping, trenching, and sampling in Phase 1 followed by diamond drilling and metallurgical testing in Phase 2.
The Elon Property appears to contains the three favorable geological features for rare metal pegmatites, such as the presence of concordant stacked sills.
The first is the presence of a compressed, near-vertical, syntectonic mobile zone that is the host of pegmatite intrusion; and dominantly mafic volcanic lithologies as host rocks, often with intercalated metasediments and gabbroic rocks.
The circular-shaped low magnetic anomaly in the central part of the Property might be associated with a felsic/intermediate intrusion and could the original source of the mineralized fluids in the area.
Magnetic high structures could be associated with mafic and ultramafic horizon, which appear to fit with the observation by the MERN and is consistent with historic geological observations in the area.
Interpreted magnetic lineaments west and south of the interpreted intrusion could be the manifestation of regional faults.
These faults could have been used for the fluids to migrate from the intrusion to a flexing competent host rock to be trapped and accumulate.
The interpreted intrusion, the interpreted magnetic structures, and the interpreted mafic units are good targets for Phase 1 exploration campaigns.
Musk Metals is a publicly-traded exploration company focused on the development of highly prospective, discovery-stage mineral properties located in some of Canada’s top mining jurisdictions.
Musk Metals Corp. (MUSK) is in the grey and is trading at C$0.095 at 1:11 pm ET.