CY5 2.35% 8.7¢ cygnus metals limited

Ann: Rock chips expand known lithium mineralisation at Pontax, page-11

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  1. 1,228 Posts.
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    You are correct that we cannot rely on the in-ground lithium being spodumene but I think that we should be extremely confidant. Pegmatites from the entire region east of James Bay have been spodumene dominant and all of these projects also have outcropping pegmatites: James Bay, Whabouchi, Rose, Corvette, Adina, Cancet etc etc.

    And we also have outcropping pegmatites at Pontax. The Pontax Central pegmatite outcrops over 620m of strike, and thereare untested pegmatite outcrops north of the central outcrop that have never been drilled.

    Every hole drilled to date has hit spodumene.
 
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