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Be the first with the news that moves the market- Beyond Lithium Inc. (CSE:BY) provided an update on the ongoing 2023 Phase 1 exploration program in Ontario
- The Winnipeg-based miner reported it has now prospected 25 properties encompassing a combined 780.6 square kilometres of Beyond Lithium’s more than 1,500 square km in Ontario
- More than 350 grab and channel samples were collected from the different properties and 290 have been submitted to the lab for analysis
- Beyond Lithium Inc. (BY) opened trading at $0.25 per share
Beyond Lithium Inc. (CSE:BY) has provided an update on the ongoing 2023 Phase 1 exploration program in Ontario.
The Winnipeg-based miner reported it has now prospected 25 properties encompassing a combined 780.6 square kilometres of Beyond Lithium’s more than 1,500 square km in Ontario.
Since the company’s last update a month ago, the team has prospected 10 more properties.
Four hundred and fifty-four historical drill holes have been drilled on 15 of Beyond Lithium’s projects, according to the Ontario Drill Hole Database. At least seven historical drill holes have been located in Ontario government core facilities and Beyond Lithium expects to locate additional cores as part of its Phase 1 exploration program.
More than 350 grab and channel samples were collected from the different properties and 290 of have been submitted to the lab for analysis. An initial compilation of field data and outcrop mapping show possible mineral zonation with tourmaline, garnet and beryl locally in several properties.
Two hundred and ninety grab and channel samples have been submitted to the lab for analysis. The first batch is expected to be turned around by the beginning of July.
Beyond Lithium’s president and CEO, Allan Frame said this fully funded Phase 1 exploration program continues to proceed on schedule and on budget.
“Having already covered so much ground is a testament to the leadership of our VP of Exploration Lawrence Tsang and the dedication of our field crew,” Frame said. “We have a large number of samples at the lab, and we have started the process of relogging and sampling historical drill cores. I expect we will be announcing assay results by the beginning of July.”
Beyond Lithium is the largest greenfield lithium exploration player in Ontario and recently changed its name from Beyond Minerals, click here for more on that news.
Beyond Lithium Inc. (BY) opened trading at $0.25 per share.
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