- Fin Resources secures approval for up to 5,000m of drilling at the White Bear lithium prospect
- White Bear features high-grade Li2O samples, low K/Rb ratios and elevated caesium
- Fully funded initial drilling totalling ~1,500m to start in mid-April
Special Report: Fin Resources has received the green light to start maiden drilling at the highly prospective White Bear lithium discovery within its Cancet West project in Quebec, Canada.
The ~80km2 Cancet West project is 45km from Winsome Resources’ (WR1:ASX) Cancet project and 100km from Patriot Battery Metals’ (PMT:ASX) huge Corvette lithium deposits.
Exploration carried out by Fin Resources (ASX:FIN) in October 2023 led to the discovery of White Bear with sampling returning both high grades of Li2O and pathfinder elements, along with low potassium-to-rubidium (K/Rb) ratios and elevated caesium (Cs).
Low K/Rb ratios are of special interest to lithium explorers as they point to the potential for highly fractionated lithium-bearing pegmatites.
Since the initial discovery, assaying of channel sampled outcrops has continued to prove the presence of lithium, returning results such as 1m @ 2.39% Li2O, 1m @ 2.16% Li2O and 1m @ 1.23% Li2O.
Historical exploration data has also identified a number of outcrops with pegmatitic material mapped by the Ministry of Natural Resources and Forestry Quebec that include very coarse-grained pegmatites and an occurrence of beryl.
No exploration has occurred on the majority of the interpreted pegmatite trends, which appear to be associated with the ~10-15km strike length of the Archean-aged Lac Guyer greenstone belt that hosts the Cancet and Corvette deposits.
- Forums
- ASX - By Stock
- WR1
- Ann: Trading Halt
Ann: Trading Halt, page-80
-
- There are more pages in this discussion • 281 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
54.0¢ |
Change
0.010(1.89%) |
Mkt cap ! $114.6M |
Open | High | Low | Value | Volume |
53.5¢ | 54.0¢ | 53.5¢ | $1.982K | 3.704K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 27496 | 52.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.0¢ | 13214 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 27496 | 0.525 |
3 | 17359 | 0.520 |
1 | 25000 | 0.515 |
2 | 100584 | 0.510 |
1 | 6000 | 0.505 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 13214 | 3 |
0.545 | 14234 | 4 |
0.550 | 7703 | 3 |
0.560 | 54118 | 2 |
0.565 | 5000 | 1 |
Last trade - 10.19am 13/09/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |