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  1. 27,861 Posts.
    lightbulb Created with Sketch. 3380
    Are we picking up DG as a subsidiary, assets under a rock, that no-one bothered to show to the sunlight ?

    Is the opportunity, the previous inept communication and sense of any momentum ? which devalued its assets ?

    Just think what the market is. It is a need for someone to have an expectation, that the other guy will discover what you have already, tomorrow, for a higher price. Because today, you accumulated all the low hanging fruit.

    BUT, when that communication is as absent, there is no expectation of the other guy.
    Hence the magic juice of FOMO, greed, discovery, is frozen.

    Hidden on the company web, will not do anything to promote to the market who is buying.
    Or clarify the discovery drill data. How is average joe, made aware of these assets without promotion ?

    PRESENTATIONS required. Why have they not presented multiple times ? And provided a history in their company web ? With clarity of all discovery data.

    Under Company projects

    https://www.dixiegold.ca/phoenix
    Big Bird Lithium Pegmatite - 1,280 m strike length, 1.24% Li2O over 34.3 m
    Big Bird Lithium PegmatiteThe Big Bird lithium pegmatite has been mapped over a 1,280m strike length with observable outcrop widths ranging from 8m to greater than 80m. Past drilling at the Big Bird lithium pegmatite returned 1.24% Li2O over 34.3m.

    Curlew Lithium Pegmatite - 400 m strike length, 1.72% over 14.87 m
    Curlew Lithium PegmatiteThe Curlew lithium pegmatite has been mapped over a strike length of 400m with widths up to 20m. Past drilling at the Curlew lithium pegmatite returned 1.72% Li2O over 14.87m.The significant lithium grades and widths returned from limited past drilling of the Big Bird and Curlew lithium pegmatites (both acquired by way of a transaction in 2016 with North Arrow Minerals Inc.) highlights the potential for the Phoenix Lithium Project to host a number of lithium rich spodumene pegmatites.

    The Phoenix Lithium Project was further subject of a conceptual exploration target by third-party consultants to the Corporation in 2018, additional disclosure of which may be found in the Corporation’s news release dated January 25, 2018 (see: https://www.dixiegold.ca/clean-commodities-corp.-announces-completion-of-modelling-at-phoenix-lithium-project).

    https://www.dixiegold.ca/clean-commodities-corp.-announces-completion-of-modelling-at-phoenix-lithium-project

    VANCOUVER, Jan. 25, 2018 /CNW/ - Clean Commodities Corp. (TSX-V: CLE) ("Clean Commodities" or the "Corporation") is pleased to report the successful completion of a conceptual exploration model for the Corporation's Phoenix Lithium Project (the "Phoenix Model").

    The Phoenix Model was prepared on behalf of the Corporation by Dahrouge Geological Consulting Ltd. in preparation of further permitting/work at the project.

    "Clean Commodities is very pleased to receive this third-party model, which examined but two of the six known lithium pegmatites at our Phoenix Lithium Project. We are greatly looking forward to advancing our Phoenix Lithium Project and demonstrating the value that we believe the lithium pegmatites there hold in the context of the global lithium market. The fact that this project is securely situated in Canada, which is well-known as a stable mining jurisdiction, bodes well for our future," noted Ryan Kalt, Chief Executive Officer of the Corporation.

    A brief presentation accompanies this news release and is available at: http://bit.ly/2GckZdh

    The Phoenix Lithium Project is one of several lithium projects that the Corporation owns in Canada.

    Phoenix Lithium Project

    The Phoenix Model was prepared to evaluate the exploration potential of the Phoenix Lithium Project (see also news release 'Clean Commodities Corp. Key Lithium Assets in Canada; Reviews Historic Drill Results and Outlines 2018 Exploration Objectives' dated December 14, 2017).

    The Phoenix Lithium Project consists of numerous lithium pegmatites, including two of which have been historically drill tested, specifically the Big Bird and Curlew pegmatites.

    Historic exploration has shown the Big Bird pegmatite to have a minimum strike length of approximately 1,280 meters and apparent widths ranging from 8 to 70 m. The ultimate strike length and width of Big Bird is unknown given its position within an area of extensive cover with less than 15% outcrop exposure.

    The Curlew Lake Pegmatite, also within an area of extensive cover, has a minimum strike length of 500 m and apparent widths of up to 50 m.

    A summary of the conceptual exploration model for the Big Bird and Curlew pegmatites is as follows:

    Pegmatite

    Tonnage (MT)

    Grade (Li2O %)

    Lower Tonnage

    Upper Tonnage

    Lower Grade (Q1)

    Upper Grade (Q3)

    Big Bird

    11.4

    18.4

    0.91

    1.71

    Curlew

    1.3

    2.4

    1.10

    1.66

    Total(s)

    12.7

    20.8

    -

    -

    For each of the Big Bird and Curlew pegmatites, channel samples and drilling was incorporated into a geologic model which examined the near surface component of each pegmatite (maximum depth of 200 meters).

    The Company cautions that the Phoenix Model is not a resource declaration. The potential tonnages and grades are conceptual in nature and are based on previous channel sample and drill results that defined the approximate length, thickness, depth and grade of a portion of each pegmatite. There has been insufficient exploration to define a current resource and the Company cautions that there is, among other uncertainties, a risk that further exploration may not result in the delineation of a current mineral resource or one that resembles the conceptual model.

    Further Lithium Exploration Potential

    The Phoenix Model assessed only two of the known pegmatites at the Phoenix Lithium Project.

    Accordingly, the Corporation believes the project to have significant exploration potential separate from the current conceptual model, including:

    • Big Bird Pegmatite: strike extension(s) and depth extension (below 200-m);
    • Curlew Pegmatite: strike extension(s) and depth extension (below 200-m);
    • NEB 3: pegmatite may exceed 400 m length, width unknown, 1.22 to 3.62% Li2O; and
    • At least three other known lithium-bearing pegmatites.

    Other additional lithium bearing pegmatites at the Phoenix Project have had only limited exploration to-date. As a result, the absence of channel sampling and/or drilling has currently precluded their inclusion within the present modeling.

    The following pegmatites were not included in the Phoenix Model:

    • NEB 1 – 1 grab sample, 2.26% Li2O
    • NEB 3 – 6 grab samples from more than 400 meters length, 1.22 to 3.62% Li2O
    • NEB 4 – 4 grab samples from about 250 meters length, 0.09 to 3.39% Li2O
    • NEB 8 – 2 grab samples from about 100 meters length, 1.91 to 6.64% Li2O

    About the Phoenix Model

    The Phoenix Model consisted of a desktop study of two of at least six known spodumene-bearing pegmatites at Phoenix. The Big Bird and Curlew pegmatites were subject of either channel sampling and/or drilling between 2008 and 2010, as follows:

    • Big Bird Pegmatite – 4 drill holes, 56 pegmatite core samples, 18 channel samples, 0.03 to 3.68% Li2O
    • Curlew Pegmatite – 3 drill holes, 57 pegmatite core samples, 0.17 to 4.43% Li2O

    Two geologic models were created, one for Big Bird and the other for Curlew, with each based upon historic data from the 2010 assessment report filed by North Arrow Minerals Inc. Data included outcrop and subcrop mapping, channel samples, diamond drill data, and associated assays. A global density of 2.7 g/cm3 was assumed based on density values from similar pegmatite projects. For the Big Bird pegmatite, a global structural trend of 225° dip azimuth, and 80° dip (southwest) was used. For the Curlew pegmatite a global structural trend of 350° dip azimuth, and 85° dip (north) was used.


    https://www.dixiegold.ca/torp
    About the Torp Lake Lithium Project
    The Torp Lake Lithium Project covers 1,003 ha and is located only 35km from tidewater in the north Slave region of Nunavut. The Torp Lake Lithium Project hosts the McAvoy lithium-rich pegmatite. The project was acquired from North Arrow Minerals Inc. in 2016.
    Past channel sampling work on this spodumene bearing pegmatite has returned 6.0 m grading 4.5% Li2O and 7.0 m grading 3.3% Li2O. The channels were located 78 m apart and orientated perpendicular to the north-south strike of the pegmatite.
    Lithium is contained in the mineral spodumene, high concentrations of which are observable within the McAvoy lithium pegmatite over a 110m strike length with widths of 10m to 15m.
    Mineralogical analysis, completed by SGS Canada Inc., of a composite sample indicated excellent liberation of spodumene (99%) and microprobe analysis confirmed the spodumene is exceptionally pure and clean of major elements, particularly iron and manganese.
    The McAvoy pegmatite is a potential source of premium-priced rare technical grade spodumene.
 
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