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Champion Electric Metals outlines priority pegmatite target at Lithium Property in James Bay

Mar 13, 2024

"The gravity survey delivered what we were hoping for in the location we were hoping for. We now have what looks like a +1km-long shallowly buried pegmatite immediately up ice from the spodumene fragments and grains discovered in surficial till. This target ticks all our boxes, and we cannot wait to drill it," said Jonathan Buick, President and CEO. "The target is easily accessible just off the Trans-Taiga Road, and we are ready to see the product of our aggressive multidisciplinary exploration and target generation efforts."

Champion Electric Metals Inc. is pleased to announce that final data from the recently completed gravity survey on the Champion Electric Lithium Property in James Bay, Quebec have been processed and interpreted.

The most important highlight from the survey is a ~1,000m-long gravity low with shape and amplitude consistent with other documented greenstone-hosted pegmatite occurrences in the region. The eastern part of the pegmatite target is only ~150m up ice from the spodumene-in-till discovery and extends in a broadly east-west orientation (Figure 1). This new blind pegmatite target is deemed a good contender for the source of the pristine spodumene fragments found in the till sampling survey, making it a top priority drill target.

The maiden ~2,000m drill program has been designed to test various parts of the new gravity target to ascertain its nature and geometry (Figure 2). Preparations are being finalised and drilling is anticipated to commence later in March. Additional interpreted second-tier gravity anomalies may also be drill tested during this upcoming field program, contingent on initial results.

About the High-Resolution Gravity Survey

The gravity method is a low-impact technique that measures spatial variations in the Earth's gravitational field caused by contrasts in rock density. The intrusion of a mineralised pegmatite into metamorphosed basalt basement rocks is expected to produce a detectable lower gravity response even through snow and shallow transported glacial cover. Detailed ground gravity surveying has a proven successful track record for Li-bearing pegmatite exploration in the region.

Ground gravity readings were collected on a 20m x 80m grid pattern along the Trans-Taiga Road and covered an area of approximately 2 km2. The Company engaged local geophysical provider Abitibi Geophysics to complete the two-week-long program under the supervision of NewGen Geo, a consultancy specialising in the latest geophysical techniques in pegmatite exploration.


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