MUSK CEO NADAR KEEPING INVESTORS INFORMED~FINAL DATA SHORTLY Musk Metals CEO and Director, Nader Vatanchi states, "We are greatly encouraged with these preliminary results from the Allison Lake East airborne survey and anticipate the final interpretation of the data shortly. Musk is actively moving exploration forward on all three of our highly prospective, Canadian lithium and battery metals projects and will utilize the interpretation of this airborne data to plan an upcoming work program and establish high priority pegmatite targets for lithium sampling."
Figure21. Musk Metals Allison Lake East lithium property within the Allison Lake batholith.
About Musk's Allison Lake East Property
The 2003 Ontario Geological Survey ("Breaks") report described the Allison Lake batholith as the largest known peraluminous granitic body in northwestern Ontario. Breaks concluded that, "the Allison Lake batholith represents an important new exploration target for rare-element mineralization and is the largest such granite thus far documented in Ontario. This area has high potential for further discoveries of rare-element mineralization that occur in exocontact, metasedimentary-hosted pegmatites or as internal pegmatites within the parent granite". The Root Bay pluton which is host to the McCombe lithium deposit of 2.08 Mt @ 1.3% Li2O (OGS OFR 6160) and is also an S-type peraluminous granite which appears genetically linked to the Allison Lake batholith (Breaks et al., 2003, OFR 6099).
Recent fieldwork by GT1 prospectors has outlined what is termed the LCT Goldilocks Fractionation Zone (LCT GFZ)(LCT=lithium-cesium-tantalum). The LCT GFZ represents a 5 km wide corridor that contains spodumene-bearing pegmatites, spessartine-bearing pegmatites, rare-metal earth occurrences and fractionation mineral occurrences (Figure 2). This supports the evidence that the outer edge of the Allison Lake Batholith contains a high degree of fractionation and provides the best potential for the discovery of additional lithium and rare metal bearing pegmatites (Strategic Lithium Footprint Substantially Expanded (iguana2.com). The Allison Lake East Property is well positioned within the LCT GFZ corridor (Figure 1).
Musk's Allison Lake East claim block consists of four contiguous mining claims (75 cell units) covering approximately 1,520 hectares and is easily accessible via logging roads from the community of Ear Falls.