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92 Resources expands footprint at Corvette property after encouraging finds

Last updated: 16:47 13 Aug 2018 BST, First published: 11:47 13 Aug 2018 BST

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The firm holds the Corvette and Pontax lithium properties in Quebec

92 Resources Corp (CVE:NTY) revealed it had expanded its footprint at the Corvette property in Quebec, following encouraging finds.

The group recently began a prospecting and channel sampling programme, which has led to the discovery of an additional four spodumene-bearing outcrops on the property, it told investors.

Via map designation, the firm has now successfully acquired a further 96 claims, totalling 4,918 ha (hectares), it said, bringing the current Corvette property land package to 172 claims for a total of 8,809 ha.

These claims are situated directly adjacent to the south and east of the original Corvette claim block.

In addition, channel samples were collected from five channel cuts across the CV1 pegmatite and two cuts across the CV2 pegmatite.

This fieldwork further expanded the footprint of the CV1 pegmatite outcrop to at least 175 meters in length and is evidenced to continue further east under a shallow lake.

Shares in 92 Resources were unchanged at C$0.065.

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