- Beyond Lithium (CSE:BY) gave an update on management’s field visit at its properties in the Dryden-Mavis Lake and the McKenzie Bay Districts
- Beyond’s technical team recognized zoned pegmatites where beryl is generally mineralized around larger quartz crystal and some pegmatites have wider and stronger alteration halos along contacts of metasediments
- More than 400 grab and channel samples have been submitted to the lab for analysis with the first batch of assays is estimated to be available by the first week of July
- Beyond Lithium Inc. (BY) opened trading at $0.25 per share
Beyond Lithium (CSE:BY) gave an update on management’s field visit at its properties in the Dryden-Mavis Lake and the McKenzie Bay Districts.
Beyond’s technical team recognized zoned pegmatites where beryl is generally mineralized around larger quartz crystal and some pegmatites have wider and stronger alteration halos along contacts of metasediments.
Four field crews are currently prospecting and collecting grab and channel samples from multiple projects and collecting muscovite samples from different pegmatites for the Laser Induced Breakdown Spectroscopy (LIBS) analyzer database compilation.
More than 400 grab and channel samples have been submitted to the lab for analysis with the first batch of assays estimated to be available by the first week of July.
The Phase 1 exploration program is expected to continue until early August. Upon receipt of assays, properties will be individually evaluated and prioritized in advance of Phase 2 exploration beginning in early August.
The company’s VP Exploration, Lawrence Tsang, said in a statement that the Phase 1 exploration program has proceeded on time and on budget and has located beryl-bearing pegmatites in several properties.
“These beryl-bearing pegmatites indicate these pegmatites are fractionated from a fertile and peraluminous granitic source and show that our exploration method has been productive so far,” Tsang said. “We will follow up these beryl-bearing pegmatites with more field work and aim to locate the Lithium-bearing core zone.”
In the Dryden-Mavis Lake District, Beyond Lithium has six properties totalling 116.6 square kilometres in area next to Critical Resources’ (OTCPK:CRRLF) Mavis Lake Lithium deposit. In the McKenzie Bay District, Beyond Lithium has 12 properties totalling 249.5 sq. km. in an area near Green Technology Metals’ (OTCPK:GTMLF) McCombe Lithium deposit.
Beyond Lithium is the largest greenfield lithium exploration player in Ontario and recently changed its name from Beyond Minerals, click here for more on that news.
Beyond Lithium Inc. (BY) opened trading at $0.25 per share.
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