Recharge launches into lithium exploration at Wapistan as Q2 Metals prepares to drill right next door
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Recharge’s in-country exploration team is dialling in on some high priority targets at Wapistan as neighbouring TSXV explorer Q2 Metals preps to drill for the first time.
Recharge Metals (ASX:REC) added to its James Bay landholding with the late June acquisition of Wapistan, a piece of unexplored ground 10km from Q2 Metals’ (TSX-V:QTWO) Mia lithium project and Ophir Gold’s (TSX-V:OPHR) Radis lithium project.
Wapistan is also just 120km north of Recharge’s flagship Express lithium project, providing the opportunity to work on the two projects simultaneously.
The 73.5km2 Express project hosts several pegmatite outcrops and is only 12km southeast of Allkem’s (ASX:AKE) 110.2Mt James Bay deposit and 15km northeast of Cygnus Metals’ (ASX:CY5) 10.1Mt Pontax deposit.
The explorer’s fieldwork campaign at Wapistan is being carried out by technical consultants, Dahrouge Geological, who completed traverses across targets 1 and 2 during September.
On ground exploration is now focussing on Targets 2 and 3 at Wapistan East and Target 4 at Wapistan West.
Both Q2 Metals and Ophir Gold have utilised the same outcrop mapping in their successful exploration program.
Q2 Metals are reported to be gearing up to drill their Mia project in coming weeks, which will be of considerable interest to Recharge to aid targeting at Wapistan.
Meanwhile, 145km of ground traverses have been completed at Express where high priority target areas for lithium mineralisation have been systematically mapped, sampled, and delivered to laboratory for analysis.
Targeting was primarily based on interpretation of high-resolution aerial and satellite imagery which revealed significant areas of outcrop within the project area.
These outcrops contain a substantial number of targets which were interpreted as potentially representing outcropping lithium-bearing pegmatites and include the historically mapped pegmatites on the project area.
Recharge now plans to release a fulsome review of the field campaign at Express once assays from sampling have been received.
Assay results will be integrated with the mapping and geological observations collected during the traverses as well as with data and aerial imagery from the recently completed LiDAR survey.
Historical mapping over the Express project identified several different pegmatites with various mineralogies, and fieldwork has confirmed the presence of a number of pegmatite phases across the property.
REC anticipates that the integration of all datasets will enable it to vector in on the most prospective area within Express for the next phase of on-ground exploration.
At Wapistan, exploration has recommenced following a short break to accommodate traditional hunting activities.
This article was developed in collaboration with Recharge Metals, 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.