Battery Age Minerals uncovers more lithium targets at Falcon Lake
From high-grade lithium intercepts to more exploration targets, BM8 has kept the momentum going.
Source: iStock
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KEY POINTS
- Battery Age Minerals has uncovered multiple prospective drill targets at its Falcon Lake Project in Canada
- The company has also uncovered 12 additional spodumene bearing pegmatites on the western half of the property
- Battery Age is ramping up exploration efforts and plans to carry out additional fieldwork activities to enhance its understanding of Falcon Lake’s geology and exploration potential
Momentum is a key ingredient in the mineral exploration space – and for Battery Age Minerals (ASX: BM8), it's now uncovered multiple prospective drill targets at its Falcon Lake Project in Canada.
This follows positive assay results from last week, which confirmed multiple wide and high-grade lithium intercepts including hits of 27.6 metres grading 1.37% Li20 from 16.6 metres and 21.9 metres grading 1.44 Li20 from 5.7 metres.
A short field mapping program has uncovered 12 additional spodumene bearing pegmatites on the western half of the property. To date, Falcon Lake has been lightly explored with only three historical lithium occurrences mapped over a 2.5km corridor.
"This is a great start to our summer fieldwork campaign. To uncover additional pegmatites at the first of our stripping targets gives us great confidence in the prospectivity of Falcon Lake,” said Chief Executive Officer GFerard O’Donovan.
“We look forward to deploying more targeted techniques to identify and prioritise additional targets so that we can continue drilling and unlocking the value of this asset,” he added.
Uncovering Falcon Lake’s lithium potential
The Falcon lake Project covers 214 mining claims covering 42.8 km<sup>2</sup> and surrounded by many other lithium explorers and developers such as Green Technology Metals, Rock Tech and Imagine Lithium.
Battery Age is ramping up exploration efforts on the 2.5km eastern half of the property and mechanised stripping (the removal of soil, rock and other material that covers a potential mineral deposit) is currently underway across several high-priority targets.
Map of Falcon Lake showing 2.5 km of high priority area (Source: Battery Age Minerals)
“These works have yielded early success with a previously unmapped pegmatite being stripped back from under cover at the first target,” the company said in a statement.
“This pegmatite will be further stripped to define scale and structural orientations, so that it can be drilled as part of the ongoing maiden drilling program.”
Next steps and upcoming catalysts
Battery Age will carry out additional fieldwork activities to enhance its understanding of Falcon Lake’s geology and exploration potential. Over the coming weeks, it plans to kick off:
Prospecting and Geochemical sampling to identify potential mineralised zones
LIDAR and Ortho Imagery to gain a comprehensive view of the project areas and to identify geological structures
Ground Magnetics Survey will provide valuable insights into subsurface geology and aid in identifying target zones for further exploration
In parallel, assays for the ongoing maiden drilling program are expected to be available in the next four to six weeks.
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