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Home > News > Ophir Gold Corp. options...

Ophir Gold Corp. options lithium project in James Bay Region, Quebec

Dec 11, 2023


Ophir Gold Corp. has entered into an Option (the "Agreement") with Azimut Exploration Inc. to acquire up to an undivided 70% interest in the Pilipas Lithium Property (the "Property"), located approximately 50 km south of the Company's Radis Lithium Project in the James Bay Region of Quebec. 

The Pilipas Property consists of 135 claims totaling 7,100 ha and is situated within the La Grande Subprovince (Archean Superior Province). It is primarily underlain by volcano-sedimentary rocks (Greenstone) of the Lower Eastmain Greenstone Belt: conglomerate, sandstone, basalts and felsic to intermediate tuffs. Two regional NW-SE dextral faults transect the southwestern and northeastern parts of the Property. The Property is immediately adjacent to the newly discovered Ninaaskumuwin spodumene pegmatite made by Quebec Precious Metals on their Elmer East project (Figure 1 and 3). The Pilipas Property is a highly prospective environment for lithium-cesium-tantalum (LCT) pegmatites, as well as highly prospective for both gold and copper.

Lithium Potential

  • Two district scale shears, and secondary structures with multiple large-scale folds with dilation along fold axis and in folds, have potential to host potential LCT pegmatites (Figure 2).

  • The SIGEOM database contains records of several pegmatite outcrops (SIGEOM code I1G), while hyperspectral and high-resolution satellite imagery suggests numerous large white pegmatite dykes that straddle the greenstone contact, and major fault zones (Figure 3).

  • Pilipas is immediately adjacent to the newly discovered 175-meter long by 42-meter wide Ninaaskumuwin spodumene pegmatite immediately to the south (Figure 1 and 3).

Gold and Copper Potential 

  • The Pilipas Property is in structural continuity with the InSight prospect on the adjacent Munischiwan Property (up to 100.5 g/t Au, 435.0 g/t Ag, 156.0 g/t Te and 1.67% Cu from grab samples).

  • A 2019 IP survey at Munischiwan suggests that the prospect may extend onto Pilipas (Figure 2).

Historical Work

  • A geophysical (VTEM) survey in 2006 covering most of the Property (630 line-km at a nominal line spacing of 100 m and 50 line-km at 1000-m spacing) and a magnetic survey in 2013 (2,514 line-km with 25-m spacing and 137 line-km with 500-m spacing).

  • A regional lake-bottom sediment survey (13 samples) and limited rock sampling (32 grab samples).

  • A soil sampling survey in 2005 covering most of the property (former Eastmain Resources Inc., now Fury Gold Mines Ltd.: 1,045 samples analyzed for 35 elements). 

Infrastructure

  • The Billy-Diamond Highway passes through the center of the Property.

  • Hydropower flanks the east side of the Property.

  • Easily accessible from Radisson and KM 381 Relais Routier.

"For over a year now, we have been diligently evaluating numerous projects to compliment our Radis Lithium Project," comments Ophir CEO Shawn Westcott. "We ae eager to get crews on site, to rapidly advance any new LCT Pegmatite discoveries."



Tags: Quebec / Deals & Financial / Battery Metals / All Articles