Stria Lithium Inc. (TSXV:SRA) (OTC:SRCAF) announced the latest assay results from its Pontax lithium property in Quebec, indicating the deposit is likely continuous and extends at depth over the known strike length.
Assays include up to 3.99 m (true width) at 1.62% Li2O, extending the deposit at depth over most of the strike length of the surface exposure of the dyke swarm. The assay results are from four holes drilled in December, 2022. Since then,
Stria through partner, Cygnus gold has ambarked on an aggressive drilling program so far in 2023 and with another 23 holes totalling 7177.45 metres drilled year to date there will be significant data to help expand the Pontax-Central deposit as the year progresses.
The latest results confirm the continuation of the spodumene-bearing dykes swarm to a minimum vertical depth of 200 metres over a 500 metres confirmed strike length. Assays include up to 3.99m (true width) at 1.62% Li2O, extending the deposit at depth over the known strike length.
The drilling program at Stria’s Pontax property in the Eeyou Istchee James Bay (EIJB) Territory of Québec, Canada, is being financed and conducted by Stria’s project partner, Cygnus Gold Ltd. of Australia, and has been designed to systematically step out from known mineralisation at Pontax Central – an extensive spodumene-bearing pegmatite swarm which outcrops over 700m of strike.
Dean Hanisch, CEO of Stria Lithium, said today:
“We are extremely pleased with these results from the fall drill program at our Pontax property as they clearly demonstrate the continuity of mineralization at depth. The results are consistent with commercial pegmatite dyke swarms in the region, and we look forward to announcing the many more assay results currently being processed.”
The most significant intersection results from each of latest drill holes include:
- DDH975-22-026: 2.23m (true width*) @ 2.8% LiO** from 107.0m to 110.3m. length
- DDH975-22-029: 3.99m (true width*) @ 1.6% LiO** from 150.9m to 157.4m. length
- DDH975-22-031: 1.72m (true width*) @ 1.37% LiO** from 132.2m to 134.8m length
- DDH975-22-032: 6.62m (true width*) @ 1.65% LiO** from 264.0 m to 267.9m length
* True thickness, according to the dyke dip and drill hole plunge at the loci of the intersection.
** Weighted average using a cut-off grade of 0.5% Li2O, excluding lithium bearing wallrock (FeO > 5%), a minimum true thickness of 1.0 metre, no external dilution, and wallrock internal dilution set at 0% Li2O.
*** Interval calculations consistent with criteria in previous Stria communications, and may show minor deviations in interval lengths and grades from those reported by Cygnus Metals on March 20th, 2023, based on slightly different parameters.
Recent Drill Results Highlighted in Green
Drilling was conducted by RJLL Drilling Inc. from Rouyn-Noranda, and supervised by IOS Services Geoscientifiques Inc., using a single heliportable rig last fall until the construction of a 37-km winter road was completed and two more rigs were put into service. Collar locations were measured with a sub-metre precision GPS device, while downhole deviation was measured with the use of a Reflex device. Core, NQ in diameter, has been logged on site and expedited by road carrier to IOS facilities in Saguenay for sampling and storage.
Core samples were cut in half with a diamond saw, tagged and bagged to be shipped to the SGS Lakefield laboratory by road carrier for preparation. A total of 300 core samples were crushed (75% <2mm) and pulverized (85% <75μm). Assaying has been conducted by SGS Burnaby with the use of ICP-OES and ICP-MS after sodium peroxide fusion (GE_ICM91A50). SGS-Canada is an ISO/IEC 17025 accredited laboratory. Quality control has been monitored by an IOS certified chemist through the insertion of 12 sample blanks, 11 preparation blanks, 8 certified reference material Oreas-147, 10 certified reference material Oreas-148, and 8 certified reference material Orea-149, for a total of 49 insertions (16%).
The technical content disclosed in the current press release was reviewed and approved by Réjean Girard, P.Geo and president of IOS Services Geoscientifiques Inc, a qualified person as defined under National Instrument NI-43-101.
Stria Lithium is a market awareness client of Capital 10X.
