Already, more than 600 samples have been shipped to the laboratory and assays are pending. Of particular note, the Company is expediting activity on two specific projects. This newly accelerated approach is based on remote data analysis and proximity to existing discoveries, including the recent Mineral Resource Estimate announced by
Highlights
Hundreds of Samples Already Collected; Outcrop Stripping to Commence Soon. Seven properties covering 25,900 ha are being mapped, prospected and channel sampled over an initial 6-week first pass exploration program. Over 600 grab, channel and backpack drill samples have already been collected over the Parks, Allison South, Root South and Sharp properties. The technical team will assess both field data and laboratory results as the program progresses and will proceed with outcrop stripping of viable showings and expedite drilling on top priority target areas.
Laboratory Testing Underway. Data compilation has highlighted the Parks property, located 8 km from the 10.6
New Resource Delivered on Adjacent Claims.
Ontario Exploration Program
Lithium One holds seven properties in
Based on compilation of government and industry data, as well as outcrop detection, highly prospective zones have been identified at multiple properties for immediate field verification. Among the most prospective properties are the Parks property in the Georgia
The Allison South and Root South Projects also hold strong exploration potential. Allison South is located on an elevated lithium trend identified by government and industry mapping. Root South is adjacent to the combined inferred Mineral Resource Estimate of 12.6 Mt at 1.21% Li2O at the
The goal of the ongoing work program is to rapidly build up a geological understanding of the Company's properties and identify the highest priority target areas for Phase 2 work such as outcrop stripping and drilling.
About Lithium One
Contact:
Tel: +1-604-678-5308
Email: info@lithiumonemetals.com
WARNING: The Company relies upon litigation protection for 'forward-looking' statements. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, failure to obtain regulatory, exchange or shareholder approval, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
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