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    Evolving Gold Begins Field Exploration And Expands Its Lithium Lakes Project Land Package

    Matthew Spizziri
    Jul. 05, 2016 07:39AM PST
    Gold Investing
    Company News

    Evolving Gold (CSNX:EVG) (OTCB:EVOGF) announced that it has increased its land position by staking 31 claims directly NE of the 100% owned Lithium Lakes Property recently acquired by the Company. The new claims add an area of 16.49 km2 to the Lithium Lakes Property, which now has a total area of 72.5 km2.

    Evolving Gold (CSNX:EVG) (OTCB:EVOGF) announced that it has increased its land position by staking 31 claims directly NE of the 100% owned Lithium Lakes Property recently acquired by the Company. The new claims add an area of 16.49 km2 to the Lithium Lakes Property, which now has a total area of 72.5 km2.
    As quoted in the press release:

    The new claims cover the potential bedrock sources for three lake sediment anomalies that indicate the possible presence of lithium bearing pegmatites glacially up ice from the anomalies. One lake sediment sample is anomalous in uranium, another is anomalous in tungsten, and the most interesting anomaly is anomalous in lithium, rubidium, titanium and zirconium. The potential sources for the metallic anomalies correlate well with magnetic anomalies derived from historical surveys and topographic features.
    The new claims add an additional 3 high priority targets to the total of 8 high priority targets already identified on the original Lithium Lakes Property. The original 8 targets were up to 3.5km long and were selected based on a geological interpretation of historical magnetic, spectrometric and geochemical surveys and their association with topographic features.

    Evolving Gold CEO, Bruce Duncan, stated:

    This new acquisition quickly increases the number of prospective targets at the Lithium Lakes Property. All of the high priority anomalies are going to be visited by our field crew in the next couple of weeks, and any discoveries will be sampled extensively, and interpreted quickly.

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