• Aerial surveying has identified an additional 123 pegmatite targets at Aqua
  • Pegmatite is a potential host rock for lithium
  • Exploration at Aero has already identified ~5km field of 32 fractionated, mineralised pegmatites along the same lithium trend as Aqua
  • Key targets for future exploration campaigns are being planned


Special Report: Airborne LiDAR surveying across James Bay Minerals’ La Grande project has found a whopping 123 LCT pegmatite targets at the Aqua prospect.

This latest mapping comes off the back of recent geophysical surveys at Aqua, part of James Bay Minerals’ (ASX:JBY) La Grande project in the James Bay lithium precinct in Quebec, Canada, where neighbour ASX: FIN discovered an impressive outcrop of massive spodumene crystals on James Bay Mineral’s Aqua property border.

The 88 km2 Aqua tenements contains over ~10km of deformation zones that are considered highly prospective to contain LCT pegmatites.  This same trend has  ASX: FIN Resources spodumene outcrop on the western property boundary and is along trend of Cancet owned by Winsome Resources (ASX:WR1) to the east, who have had significant exploration success to date.


More Aqua prospectivity

LiDAR tech has detected an enormous 123 LCT pegmatite targets on the Aqua property.

High-priority targets start just ~200m from neighbour Fin Resources’ (ASX:FIN) spodumene-rich rocks which have returned grades of up to 6.85% Li2O.

The JBY exploration team has examined all the variations in slope and elevation to identify and confirm high-priority areas, as these are some of the key geological features expected of Lithium-Caesium-Tantalum (LCT) pegmatites in the region.

Once structures have been identified utilising LiDAR, JBY says it will overlayed the results onto high-resolution photos where white outcropping is visible to generate key targets.

James Bay exec director Andrew Dornan says the newly generated targets are an exciting development.

“Over 120 LCT pegmatite targets have been identified across our Aqua property and given we have the three key geological ingredients for giant LCT lithium-pegmatite deposits.

“Along with FIN’s spodumene discovery on the border of our property our confidence in the prospectivity at Aqua and the potential for a significant lithium discovery continues to grow.”

James Bay Lithium (ASX:JBY)
JBY tenements with surrounding projects. Pic supplied: (JBY)

The ASX junior is in the process of planning a targeted field program across Aqua, focused on field mapping the new LCT pegmatite targets generated from LiDAR and high-resolution photography.

The program is planned to commence in H1 2024.


This article was developed in collaboration with James Bay Minerals, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.