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Be the first with the news that moves the market- Stria Lithium (TSXV:SRA) reported results of a tantalum oxide survey over part of its recently acquired Pontax-II project in Québec
- The team took heavy mineral concentrates from 38 glacial till samples collected in 2019 for gold grain counting and reprocessed them to evaluate the abundance of tantalum oxide grains
- The project is in the Eeyou Istchee James Bay Territory of Québec, one of only a few known sources of lithium available for hard rock mining in North America
- Stria Lithium opened trading at $0.22 per share
Stria Lithium (TSXV:SRA) reported results of a tantalum oxide survey over part of its recently acquired Pontax-II project in Québec.
The team took heavy mineral concentrates from 38 glacial till samples that were collected in 2019 for gold grain counting and reprocessed them to evaluate the abundance of tantalum oxide grains, using an automated scanning microscope based on a proprietary technology by IOS Services Géoscientifiques Inc.
Tantalum oxides (tantalite, columbotantalite, wodginite and micronite) are a class of mineral that almost exclusively form in lithium-bearing pegmatite (or LCT pegmatite), such as those currently being evaluated at the nearby Pontax-Central occurrence.
The project is in the Eeyou Istchee James Bay Territory of Québec, one of only a few known sources of lithium available for hard rock mining in North America.
The company’s CEO, Dean Hanisch, said in a news release that these results caught the team by surprise because they basically demonstrated the potential of the property to host fertile pegmatite occurrence within months of its acquisition.
“If you look at the map of the overall till samples of the region in relation to our numbers and then you match that with the similar footprint at Pontax Central that was drill tested, it’s really exciting,” Hanisch said. “We are anxious to send a team of geologists to conduct a prospect as soon as the forest fire situation allows us. We feel very fortunate to lean on the proprietary technology developed by IOS and their years of experience in this region. This scanning electron machine is the only one of its kind in the world and is invaluable in making calculated decisions that save time and money.”
With headquarters in Ottawa, Stria Lithium Inc. is focused on developing Canadian lithium reserves in Québec for the electric vehicle market.
Stria Lithium opened trading Thursday at $0.22 per share.
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