Scout work identifies likely first targets at Pioneer Lithium’s LaGrande project in Quebec
Special Report: Initial scout prospecting at Pioneer Lithium’s LaGrande project in Quebec’s James Bay region has been completed, resulting in the identification of nine new pegmatites and paving the way for a more expansive exploration campaign next year.
These include Patriot Battery Metals’ (ASX:PMT) 109.2Mt at 1.42% Li2O Corvette project about 12km to the south and Winsome Resources’ (ASX:WR1) Cancet discovery 20km to the west.
PMT’s new discovery at the CV9 pegmatite came after a drill hole intersected ~100m of near-continuous spodumene-bearing pegmatite, reinforcing the district-scale nature of Corvette.
For PLN, this rather neatly underscores the potential prospectivity of LaGrande, which sits within the western portion of the Upper Archean Frotet-Evans metavolcanic belt.
The concentrated three-day scout prospecting program — the very first field work carried out by the company at LaGrande — has discovered nine pegmatite outcrops across the LaGrande East and West claims.
Notably, it has also confirmed that existing roads provide good accessibility to both the LaGrande East and West claims, allowing prospecting and mapping works to be carried out using a combination of hiking and all-terrain vehicles.
In addition, the Riviere property has been found to be accessible by helicopter though accessibility factors and snowfall hampered prospecting efforts at this time.
“We are pleased to have been able to complete this concentrated 3-day campaign at LaGrande given the weather and logistical challenges,” managing director Clinton Booth said.
“Fieldwork at this time of year is typically significantly hampered by weather and, with snow falling, conditions on the ground were difficult.
“The team from Pioneer Lithium and IOS applied a flexible approach to prospecting and scouting activities, and this has allowed us to complete the campaign effectively and obtain valuable information to inform our next fieldwork campaign.”
PLN is currently planning a comprehensive field work program, which is currently forecast to occur in the summer of 2024.
Information gathered from the initial prospecting and scouting program will be used to inform the design and implementation of future activities.
This article was developed in collaboration with Pioneer Lithium, 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.