Fin Resources secures approval for up to 5,000m of drilling at...

• 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.

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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.

Lithium hunter Fin is about to drill White Bear, a high grade target down the road from some massive deposits