Hellcat Update GEMS.c GEMSF recently announced an exploration update on the Hellcat Lithium Project.
Highlights
- Fall program identified tourmaline, garnet, and muscovite mineralization on the Rouget formation greenstone belt underlying the Hellcat Claims (consistent with other discoveries in the area)
- Over 87 samples taken with assays being conducted
- Further exploration is being conducted in the context of the rapidly expanding lithium and battery metals market
- Identified a cluster of highly prospective pegmatitic dykes and cross cutting structures near the northern margin of the Hellcat claims extending to the north, (GEMS expanded its claim area)
With Biden’s recent $2.8B in support for manufacturing and processing companies in the battery metals space, the recent news from GEMS is timely.
https://www.newsfilecorp.com/release/142152