Ann: Large Spodumene Crystals Discovered in Pegmatite Outcrop, page-37

https://stock head.com.au/resources/resources-top-5-spod-couple-fin-and-jby-are-onto-something-in-the-james-bay-lithium-neighbourhood/

Fin Resources is spodding up the chart again, with news its “abundant spodumene” crystals look to be running directly into James Bay Minerals territory.

40 MINUTES AGO....

Fin Resources (ASX:FIN)

Lithium-hunting junior Fin Resources, which made an April entry into the James Bay white gold rush, is one of the better-performing resources stocks on the ASX this morning with a +20% daily gain.

We’re looking for fresh news out of James Bay for FIN today, and have come to rest on this fact: it’s right next door to ASX newcomer James Bay Minerals (ASX:JBY), which just announced five large outcropping pegmatites at its Aqua prospect, part of the La Grande project.

(Read our special report on this here for more.)

JBY has one of the largest lithium portfolios in the James Bay region, covering 224km2 across four projects – the flagship Joule, Aero, Aqua (all part of La Grande) and Troilus to the south.

The JBY discovery could be a continuation of Fin Resources’ pegmatites with “abundant spodumene crystals”, 250m from tenement boundary, discovered earlier this week at FIN’s Cancet West project.

Nearology feels all round, then, because both FIN and JBY are along trend, not far at all from Winsome Resources’ (ASX:WR1) Cancet lithium deposit and Patriot Battery Metals’ (ASXMT) 109.2Mt at 1.42% Li2O world-class Corvette deposit.

Then there’s FIN’s 98km2 Ross project, close to Critical Elements Lithium’s (TSXV:CRE) Graab prospect and Nemaska Lithium’s 36.6Mt at 1.3% Li2O Whabouchi deposit – about 65km and 100km to the southwest respectively. Fieldwork has now begun at Ross targeting nine priority areas.

But regarding FIN’s Cancet West, the company reported on October 9 that at least five pegmatite bodies have been identified outcropping across the western and eastern blocks of the area, with roughly total strike lengths of each outcrop ranging from 200-400m.

“These pegmatite bodies may extend for significant distances, along strike and below surface,” noted A Fin resources ASX release earlier this week.