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Equitorial Exploration Files 43-101 on its LNPG Lithium Property
Equitorial Exploration (TSXV:EXX) has announced the filings of an NI 43-101 technical report for its 100 percent owned LNPG lithium property in the Northwest Territories. As quoted in the press release: “The 43-101 technical report concludes that, ‘results such as 10.35m at 1.13% Li2O, 71.1 g/t Ta2O5 and SnO2 are highly encouraging’. This confirms our …
Equitorial Exploration (TSXV:EXX) has announced the filings of an NI 43-101 technical report for its 100 percent owned LNPG lithium property in the Northwest Territories.
As quoted in the press release:
“The 43-101 technical report concludes that, ‘results such as 10.35m at 1.13% Li2O, 71.1 g/t Ta2O5 and SnO2 are highly encouraging’. This confirms our view that LNPG is an extremely significant, high potential lithium play,” comments CEO Jack Bal.
About the LNPG Property
The property lies 30 km northwest of the Cantung Mine Site, immediately east of the Yukon Territory border. Lithium-cesium-tantalum pegmatite dyke swarms on the property have been traced over a combined length of 13 km in mountainous terrain that is deeply incised by several east- or west-facing cirques. The vertical extent of these dykes has been traced for 300 m through natural exposure and diamond drilling in 2007. The dykes are well exposed on cirque walls and strike northerly, with near vertical dips. Where sampled, each dyke swarm is up to 52.60 m wide and contains multiple dykes that range from 0.2 to 10 m in width.
In 2016, Equitorial collected 81 channel samples along cliff faces from parts of dyke swarms comprising the Prison Wall, Berlin Wall, Great Wall of China and Hadrian’s Wall (see news release dated September 6, 2016). Highlights from this sampling program include:
- -1.57 % Li2O, 250.3 g/t Ta2O5, 0.95% SnO2 across 1.70 m
-2.04% Li2O, 57.8 g/t Ta2O5, 0.05% SnO2 across 4.00 m
-3.10% Li2O, 53.6 g/t Ta2O5, 0.03% SnO2 across 0.95 m
-2.33% Li2O, 59.0 g/t Ta2O5, 0.05% SnO2 across 1.20 m
-1.67% Li2O, 41.4 g/t Ta2O5, 0.03% SnO2 across 3.75 m
-1.83% Li2O, 67.3 g/t Ta2O5, 0.05% SnO2 across 1.25 m
-1.63% Li2O, 52.9 g/t Ta2O5, 0.01% SnO2 across 5.15 mIn 2017, Equitorial is anticipating a field program at LNPG to resample the 2007 drill core, diamond drilling, channel sampling, geological mapping and prospecting.
Click here to read the full press release.
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