Burley Minerals progresses Chubb lithium project acquisition, eyes tasty 5,000m drilling program
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Burley Minerals is in the process of acquiring the Chubb lithium project and is already planning a Phase 1 drilling program for up to 5,000m.
The project is strategically located in the heart of the world-class lithium province of Quebec, Canada, which hosts major lithium projects including Sayona Mining (ASX:SYA) and Piedmont Lithium’s (ASX:PLL) North American Lithium (NAL) mines, operations, and Mineral Resources totalling 119Mt at1.1% Li2O.
Burley Minerals (ASX:BUR) has mobilised Dahrouge, a geological consulting firm to the project district in order to manage the pending interface between the Canadian drilling contractors and the Australian geological and modelling teams ahead of the planned Phase 1 drilling program.
Dahrouge has specialised lithium expertise and knowledge associated with the geology and mineralisation of pegmatites within the Quebec Province.
The company is confident with the re-logging and data base generation process which will amalgamate with the old and new drilling programs and will include “down-hole” geotechnical and mineralogical surveying.
“Burley has progressed the advancement of the approvals and mobilisation of the drilling contractor to commence diamond core drilling at the known lithium-bearing pegmatites by late February, which is an outstanding achievement by the Burley team,” MD Wayne Richards said.
“The general meeting of shareholders on the 19 January 2023 paves the way for completion of the strategic acquisition of the Chubb Lithium Project in the world-class lithium province of Quebec by 31 January 2023, with the commencement of drilling to follow thereafter.
“The early mobilisation of Dahrouge allows Burley to establish itself within the local community and rapidly advance the exploration program.”
The Phase 1 program for up to 5,000 metres of NG diamond core is expected to commence in February.
The program is designed to verify, extend and confirm the extent, depth and orientation of the spodumene-bearing lithium pegmatites logged and drilled in the central area of the 35 Mineral Claims to be acquired in the Chubb Lithium acquisition deal.
This article was developed in collaboration with Burley Minerals Limited, 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.