Foremost Lithium Resource & & Technology Ltd. [CSE-[CSE-FAT; NASDAQ –FMST]launched drilling prepare for its Zoro lithium home situated near the historical mining centre of Snow Lake, Manitoba. The business is finishing strategies in preparation of a 30-hole, 7,500-metre diamond drill winter season program consisting of sending work allows at the Manitoba Mines Branch. The drill program on the Zoro home will remain in addition to the business’s just recently revealed 2,500-metre diamond drill program on its Jean Lake Lithium/gold residential or commercial property situated in the very same mining centre. Drilling on both residential or commercial properties will amount to 10,000 metres.
Foremost Lithium’s Zoro and Jean Lake residential or commercial properties share adjoining borders with Snow Lake Lithium’s Thompson Brothers and Grass River residential or commercial properties, which are divulged as having actually an aggregate determined, showed and presumed resource price quote of roughly 8.2 million tonnes of 1% Li2O. The Zoro home is straight nearby to the Thompson Brother’s lithium pattern, understood for hosting a number of lithium enriched events. The Zoro Property is likewise surrounding to the Crowduck Bay Fault which is a considerable local focus for the advancement of lithium-enriched pegmatite clusters.
Jason Barnard, CEO and President, commented: “This is the most aggressive drill program our business has actually started to date. With the most current statement of drilling on our Jean Lake Lithium/Gold Property, we will be running 2 winter season drill programs on 2 various tasks for a combined 10,000 metres of drilling this winter season. We are delighted to be working our very first drill program with Dahrouge and feel great that we will have the ability to enhance our resource capacity on both our Zoro and Jean Lake Properties to increase investor worth.”
Dyke 1: Drilling at the Zoro residential or commercial property will concentrate on Dyke 1, which partly outcrops at surface area and hosts a presumed resource from a single state-of-the-art lithium bearing spodumene pegmatite of 1,074,567 heaps at a grade of 0.91% Li2O, with a cut-off of 0.3%, as stated in the business’s submitted SK-1300 Technical Report Summary (2023) and NI-43-101 Technical Report (2018 ). Mineralization is specified for 265 metres along strike and to a depth of 265 metres and attains widths of as much as 40 metres. Dyke 1 has actually not been drilled considering that 2018 and is open along strike and at depth supplying outstanding capacity for additional resource advancement.
Dahrouge Geological Consulting (DGC) performed a summertime expedition program with the objective of gathering surficial structural information to help in drill targeting while likewise validating the existence of spodumene-mineralized pegmatite on surface area at Dyke 1. DGC prepares to even more examine the spodumene-bearing pegmatites on Dykes 8, 3 and 16 with this drill program.
Dyke 8: Dyke 8 has actually been formerly converged by 8 holes (overall of 98.25 metres), converging state-of-the-art lithium in 36.5 metres of spodumene-bearing pegmatite, consisting of, 12.3 metres of 1.1%, Li2O, 4.4 metres of 1.2% Li2O and 2.2 metres of 1.5% Li2O. This Dyke has actually been specified over 120 metres in length, 5-15 metres in width and has actually been drilled to a depth of 157 metres and stays open in all instructions. Dyke 3 is likewise open in all instructions and more drill screening will be carried out to verify the relationship in between Dyke 8 and Dyke 3.
DGC is presently completing all information of the Zoro residential or commercial property winter season drill program, consisting of protecting all suppliers and centers. Drilling is anticipated to start in Q1 of 2024 and Foremost will offer extra updates in due course.
Foremost’s tactically situated lithium homes cross 43,000 acres in Snow Lake, Manitoba and hosts a residential or commercial property in a recognized active lithium camp positioned on over 11,400 acres in Quebec called Lac Simard South.
Foremost’s 4 flagship Lithium Lane Projects in addition to its Lac Simard South task lie at the idea of the NAFTA superhighway to profit from the world’s growing EV cravings, placing the business to end up being a leading provider of North America’s lithium feedstock. Foremost Lithium likewise has the Winston gold/silver home in New Mexico, United States.