CULLINAN METALS CORP. Cullinan Metals Corp. announced that further to its news releases dated August 21 and August 23, 2023, it has started an initial exploration program on its new Ontario and Quebec properties. The Company has recently signed non-binding letters of intent (LOIs) with various arm's length vendors with respect to these Properties.
Under the LOIs, the Company will acquire a 100% interest in and to a series of highly prospective lithium mineral properties in Canada subject to the satisfaction of full due diligence investigation including preliminary sampling and exploration work on the Properties to the extent permitted by applicable mining laws. The Properties: Ontario Properties: The Ontario properties which include Dory - Aerial Lake, East Haig, West Haig, Flower Fall and Flash Lake properties, are located in a lithium favorable geological setting of northwestern Ontario in the vicinity of the Georgia Lake, Mavis Lake, Separation Rapids, GT1's Root Lake lithium projects in Northwestern Ontario. Lilypad East and West properties are directly adjacent to significant Ta Cs Rb mineralization.
Quebec Properties: The Quebec Properties are located mainly in two prolific geological regions: the James Bay area (James Bay Pegmatite and James Bay Spodumene properties) where several new lithium discoveries have been made alongside the historical deposits; and b) in the Val d'Or region (VS and VN properties) located within the Archean Preissac-Lacorne batholith, a geological region with known lithium deposits, prospects and an existing lithium mine (North American Lithium or NAL). The Program: During the current phase of exploration (Phase One Exploration), two experienced field teams have been deployed to conduct field prospecting activities across Ontario and Quebec Lithium properties. This process will involve the systematic examination of the multiple fertile granitic pegmatite dykes.
Furthermore, pegmatite sampling and trenching will be carried out to assess the presence and distribution of lithium-bearing pegmatites within each of the properties. This crucial step will provide valuable insights into the mineralogy and lithium content of the identified pegmatite deposits, aiding in the development of an extensive understanding of the property's lithium exploration potential for further work. Initial scanning of samples will be carried out by using a laser-induced breakdown spectroscopy (LIBS), which has recently emerged as a tool for geochemical analysis outside the traditional laboratory setting, is a tool for Li exploration that can measure Li in minerals, rocks, soils, and brines in-situ in the field.
