MGX Minerals Inc has completed geophysical exploration at its wholly owned GC lithium pegmatite claims in British Columbia, the company announced.
The company conducted geological mapping and geochemical sampling of the GC (and Grail) pegmatite, and seven rock chip samples of mineralized pegmatite have been sent for ME-MS89L analysis.
Specifically, ALS Global will provide sodium peroxide fusion geochemical analysis including lithium-caesium-rubidium-tantalum-beryllium-yttrium and rare earth elements. Management intends to develop and extend known limits of pegmatite-hosted rare metal-bearing mineralization, the company said.
READ: MGX Minerals proposes mine to market solar energy program for Canada
The GC claims are located on the south flank of the Frenchman's Cap gneiss dome in the Shuswap metamorphic complex, featuring gneiss, quartzite, schist, calc-silicate rocks, minor marble and argillite, isoclinally folded with easterly trending structures. The area is underlain by calc-silicate metamorphic and paragneiss units of the Proterozoic to Lower Paleozoic Monashee complex.
Additionally, granitic pegmatite bodies of the rare metal LCT (lithium-cesium-tantalum) variety occur on the GC property, the company noted. LCT pegmatites are known to contain anomalous levels of beryllium, niobium and tantalum.
LCT pegmatites are a petrogenetically defined subset of granitic pegmatites that are associated with certain granites, consisting mostly of quartz, potassium feldspar, albite and muscovite. These deposits can contain extractable amounts of a number of elements, including lithium, cesium, tantalum and niobium, and they are sought after for basic source materials in electrification.
MGX is a diversified Canadian resource and technology company with interests in strategic metals, precious metals and advanced energy technologies.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
Follow him on Twitter @andrew_kessel