KNC.v Just Acquired Major Parcels beside Winsome Resources✅ wow...KNC Just Acquired Huge Lithium Claims 5 KM Near Windsome WR1 Huge New Lithium Find...Plus Get this....KNC just closed a $2 Million PP at $0.16 recently
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2022-11-15 16:23 ET - News Release
Mr. Kosta Tsoutsis reports
K9 GOLD SIGNS SHARE PURCHASE AGREEMENT TO ACQUIRE THE JAMES BAY LITHIUM PROJECT, N. QUEBEC
K9 Gold Corp. has entered into an agreement whereby it has an option to acquire up to a 100-per-cent interest in the James Bay lithium project, located in the James Bay region of Northern Quebec.
The property comprises 41 mining claims, totaling 2114 hectares. The property is located approximately 350 km south-southeast of Radisson, Quebec. Other projects in the area include Patriot Battery Metals Corvette project located 50 km to the west and Winsome Resources Lithium Adina project located approximately 5 km to the east. The James Bay property is underlain by a package of Archaean rocks that is similar to the geological setting of the corvette and Adina projects.
About James Bay Lithium Project
The James Bay Lithium Project is located in the La Grande sub-province of the Archaean Superior Province in Quebec. The Trieste Formation, which hosts lithium mineralization on the adjacent Adina property, transects the James Bay project area. Within the property boundaries, this Meso-Archaean age formation is mainly an ensemble of mylonites and banded amphibolites derived from basalt, which have been intruded by various intermediate rocks. A significant band of tonalite, part of the Meso-Archaean age Kamusaawach Intrusion, cuts through the centre of the property. Also cutting through the claims is a band of the Neo-Archaean Richardie Suite, an intrusive biotite-magnetite-hornblende granodiorite. The northern portion of the property is underlain by the Neo-Archaean Sauvolles Pluton, which is mainly of granitic composition. There is also a prominent Paleoproterozoic-age mafic dyke (Senneterre dyke system) cutting through the north of the property with a NE-SW orientation.