NOKA ACQUIRES QUEBEC LITHIUM PROPERTY ADJACENT TO GALAXY RESOURCES' JAMES BAY PROJECT
Noka Resources Inc. has entered into an agreement to acquire a 100-per-cent interest in the Duxbury lithium property, Quebec. The property is located in the James Bay Region, 2 km south of the Eastmain River and adjacent to Galaxy Resources' James Bay Project that has reported an indicated and inferred resource of 22.2 million tonnes grading 1.28% lithium oxide (Li 2 O) contained in a spodumene bearing pegmatite.
Duxbury Lithium Property, Quebec
The Duxbury Property consists of 21 mineral claim cells totaling approximately 1,107 hectares and is accessible by the James Bay Highway. Geologically, the Property is underlain by the Lower Eastmain greenstone belt that is locally represented by volcanic and volcano-sedimentary rocks which have been metamorphosed to amphibolite facies. At the adjacent Galaxy Resources Project, the lithium deposit area is underlain by the Auclair Formation consisting of paragneiss intruded by spodumene-bearing pegmatite dykes. The Lower Eastmain greenstone belt is also prospective for gold mineralization.
Pegmatites are whitish to pure white magmatic rocks that are enriched in light elements such as lithium. The ore mineral spodumene can contain up to 8% Li 2 0. According to Galaxy Resources, their adjacent lithium deposit consists of several swarms of pegmatite dykes that outcrop in a corridor approximately 4km long and 300m wide.
Noka is currently preparing a mid-summer exploration program consisting of surface mapping, geochemistry, trenching and localized geophysics. The results of this initial program will be used to formulate a drill program. The area is accessible and drilling can be carried out all year except during spring breakup in wet areas.
