Source: Ophir Gold Corp.
  • Ophir Gold Corp. (OPHR) is preparing for a surface exploration program at its Radis Lithium Property in Québec
  • This surface work will build the foundation of a potential fall drill program, which would be the first known to specifically target Lithium-Cesium-Tantalum pegmatites at Radis
  • The property is made up of 152 claims over 78.5 sq. km., and the greenstone belt over the area has one known prospective lithium pegmatite
  • Ophir Gold Corp. (OPHR) is up 4.35 per cent, trading at $0.24 per share as of 11:45 a.m. ET

Ophir Gold Corp. (OPHR) is preparing for a surface exploration program at its Radis Lithium Property in Québec.

The spring/summer 2023 surface exploration program will include mapping and sampling of the historically documented lithium pegmatite occurrence at Radis, as well as prospecting and rock sampling throughout the Yasinski Greenstone Belt, which underlies the majority of the property.

This surface work will build the foundation of a potential fall drill program, which would be the first known to specifically target Lithium-Cesium-Tantalum (LCT) pegmatites at Radis.

The property is made up of 152 claims over 78.5 sq. km., and the greenstone belt over the area has one known prospective lithium pegmatite.

The property is 10 kilometres from an all-season road and hydropower infrastructure corridor in the James Bay region of Québec.

Within the same trend on the same greenstone belt is more spodumene pegmatite occurrences coming from the nearby Mia Property. Ophir Gold believes these occurrences extend towards its Radis Property.

The company signed a service agreement with Dahrouge Geological Consulting Ltd. to evaluate and compile historical data.

Jody Dahrouge of Dahrouge Geological, commented,

“We are very excited to continue our working relationship with Ophir, extending it to the highly prospective Radis Property, which has never seen any significant exploration for LCT pegmatites. The Property is close to hydropower and road infrastructure. It covers parts of the highly prospective Yasinski Greenstone Belt, which is host to several LCT pegmatites along trend to the west on the adjacent Mia Property held by Q2 Metals Corp. The lithium pegmatites discovered to date within the Yasinski Greenstone Belt at Mia and at Radis suggest good potential for a large scale and highly fertile mineralizing system.”

The company has the option to earn a 100 per cent interest in the Radis Lithium Property over a three-year period from Eastmain Resources Inc., a wholly owned subsidiary of Fury Gold Mines Ltd. (TSX:FURY).

Ophir Gold Corp. (OPHR) is a gold exploration company focused on developing its flagship property, Breccia Gold Property, located in Lemhi County, Idaho.

Ophir Gold Corp. (OPHR) is up 4.35 per cent, trading at $0.24 per share as of 11:45 a.m. ET


More From The Market Online

Search suspended for SSR miners missing after Türkiye mine collapse

SSR Mining (TSX:SSRM) provided an update on the tragedy that struck its Çöpler gold operation in eastern Türkiye.
stock market down

@ the Bell: Bumpy start to a holiday-shortened week

Early data that showed domestic inflation cooled more than expected couldn't give enough lift for Canada’s main stock index on Tuesday.

SweetWater Brewing inks partnership with Atlanta United FC

SweetWater Brewing, a subsidiary of Tilray Brands, has signed on as official craft beer partner of Major League Soccer’s Atlanta United FC.