Subscribe
Be the first with the news that moves the market- Gama (GAMA) announced XRD results for the Muskox Lithium Property in The Northwest Territories
- Results confirm spodumene as the dominant lithium-bearing mineral in the CM-1 pegmatite
- Permitting and initial groundwork planning for a late summer drill program at CM-1 are underway
- Gama is focused on the acquisition, exploration and development of mineral properties containing renewable energy metals
- Gama Explorations (GAMA) is up by 3.45 per cent, trading at $0.90 per share
Gama (GAMA) announced XRD results for the Muskox Lithium Property in The Northwest Territories.
Results confirm spodumene as the dominant lithium-bearing mineral in the CM-1 pegmatite, registering between 8-13.8 per cent of the samples by weight.
The analysis was comprised of 8 composite samples from channel samples grading between 0.93 and 1.34 per cent Li2O.
CM-1 is located on Muskox’s southern boundary and outcrops over a strike length of 700 m and a width of up to 11 m.
Permitting and initial groundwork planning for a late summer drill program at CM-1 are underway.
“Not only is this a great result for the CM-1 pegmatite, but bodes well for the 30 additional potential pegmatites identified within the Muskox property,” stated Mick Carew, Gama’s CEO.
Composite samples
Gama is focused on the acquisition, exploration and development of mineral properties containing renewable energy metals. It is currently active in Quebec, British Columbia and the Northwest Territories.
Gama Explorations (GAMA) is up by 3.45 per cent, trading at $0.90 per share as of 9:40 am EST.
