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QcX Gold Acquires High Resolution LiDAR Data, Discovers Pegmatite on Golden Giant Project

Dec 8, 2023

QcX Gold Corp. has received high-resolution LiDAR and orthophotography data from its contractor ALS Goldspot Discoveries Ltd.. The survey was flown in September during the previously announced lithium focused field campaign across the Golden Giant Project, in the James Bay region of Quebec (see August 8, 2023 Press Release). A video highlighting the uses of the obtained data can be viewed here. In addition, pegmatite was found on the Golden Giant West block. All pegmatite samples returned anomalous values for important indicator elements Be, Cs, Nb, Rb and Ta, highlighting the potential for LCT (lithium-caesium-tantalum) type pegmatites in the area. QcX is surrounded by major lithium developers and explorers in James Bay, including Allkem, Patriot Battery Metals, Brunswick Exploration, and LiFT Power. The easternmost block of Golden Giant, Kali East, (see Figure 1) is located directly adjacent to the Billy Diamond Highway, making for easy access and low-cost exploration.

Aaron Stone, Vice President Exploration for QcX, stated, "Although no spodumene was observed in the field, finding pegmatite outcropping is an important first step. Furthermore, the fact that all pegmatite samples submitted returned anomalous values for important pathfinder elements beryllium, caesium, niobium, rubidium and tantalum are a strong indication that LCT pegmatites may be present on Golden Giant. We will use the geochemistry results to determine the level of fractionation in these pegmatites to hopefully be able to point us in the right direction to where further dikes may exist on the property." 

Pegmatite discovered on the Golden Giant West block (see Figures 2 and 3) importantly had similar mineralogy to known lithium-bearing pegmatites in the James Bay area, with significant amounts of garnet, black tourmaline, and micas (both muscovite and biotite) being observed. Furthermore, a highly altered and weathered pegmatite was observed on the Kali East block (see Figure 4), although it did not return any results of significance. However, given the proximity to Allkem's James Bay deposit, it is still a significant find and warrants follow-up exploration efforts. 

The Golden Giant project comprises three packages of claims, Golden Giant East, Golden Giant West and the Kali East block, covering 18,992 hectares and is contiguous to Azimut Exploration Inc.'s Patwon project.

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