ithium Exploration in Quebec's James Bay Region (Full) Lithium plays a pivotal role in advancing global efforts toward cleaner and sustainable energy solutions, driven by the growing demand for lithium-ion batteries, electric vehicles, and renewable energy storage, placing the lithium sector at the forefront of technological innovation.
Source:https://www.weforum.org/agenda/2022/07/electric-vehicles-world-enough-lithium-resources/
Arctic Fox Lithium Corp. (Ticker: AFX.c) is a junior mineral exploration company committed to acquiring and developing mineral properties with significant potential in battery, base, and precious metals.
It possesses a portfolio of strategically located lithium projects in Quebec's James Bay Region, namely Kana Lake, Pontax, and Delta Lake Properties, all with critical geological features, especially pegmatites, making them appealing prospects for lithium exploration.
The Kana Lake Lithium project, covering 5,976 hectares, was identified as a new lithium prospective zone in 2022, primarily due to the presence of pegmatitic granite dikes. Notably, these pegmatites align with the nearby Fliszar project, revealing remarkable grab samples with elevated levels of lithium and other valuable elements.
AFX also holds the Pontax North Lithium Project, spanning 2,756 hectares in James Bay. This project capitalizes on a promising lithium prospective zone known for geological similarities to successful lithium ventures, including the presence of beryllium-rich outcrops.
AFX's Delta Lake Lithium Project encompasses 1,056 hectares with 20 mining claims. Notably, the northwestern section of Delta Lake exhibits lithium potential due to S-type pegmatitic granite intrusions and the presence of beryl.
These projects are strategically located near Allkem Ltd.'s James Bay Lithium Project, the Fliszar Project, and Critical Elements Lithium Corp.'s Rose Lithium Project. Allkem's nearby lithium mine prioritizes cost-effectiveness, while CEL's Rose Lithium-Tantalum mine, situated 20 km south, is poised to commence production in approximately 21 months, with substantial ore excavation and processing capabilities.
The CEO of AFX has recently revealed the company's upcoming helicopter drone operations, which will include LIDAR and MAG surveys conducted at their Lithium Projects in James Bay.
This initial phase is of paramount importance as it will enable AFX's ground team to precisely locate structural faults. With the LIDAR system identifying these areas, the on-site team can then concentrate their efforts effectively.
In addition, AFX plans to embark on an extensive operation involving rock and soil sampling, mapping, and assaying in the coming months, with the objective of identifying robust targets for the forthcoming winter exploration activities.
More on AFX's projects here: https://www.arcticfoxlithium.com/projects
Posted on behalf of Arctic Fox Lithium Corp.