Highlights:
- Neighboring to Rock Tech Lithium’s
Georgia Lake Project , which has an indicated & inferred mineral resource of 14.8MT of Li2O(1). - Neighboring Imagine Lithium’s Jackpot Deposit, which has a historical resource of 2 MT of Li2O and is currently being drilled for additional lithium targets(2).
- There are 25 mapped pegmatite outcrops on the Project which have not been thoroughly tested for LCT (lithium, cesium and tantalum) mineralization.
- Mapped pegmatites on the Project are hosted in metasedimentary migmatites/paragneisses and within felsic intrusives. This is a similar geological environment to other LCT pegmatite discoveries in the
Quetico subprovince (Lowther, Georgia Lake)(3). - Lake sediment anomalies (Lithium/Cesium) in the northeast part of the Project indicate the potential for LCT mineralization.
- Located 50km north of
Terrace Bay, Ontario , accessible viaWintering Road and a network of logging roads.
Chief Executive Officer of Vital,
Figure 1 - Vital Battery Metals Dickson Lake Lithium Project Regional Geology
Figure 2 - Dickson Lake Lithium Project Mapped Pegmatites
Regional Geology
The Project is situated within the
Mapping completed in 1974 by Carter(3) indicates that there are at least 25 pegmatite outcrops on the Project. These are primarily composed of white and pink pegmatite with minor aplite (garnet, biotite and tourmaline). The pegmatites mapped vary in size from single small outcrops to areas that are 1,000m long and 100m wide. Although the previous mapping indicates that there are pegmatites present on the Project, the Company has yet to determine the dimensions or extent of any mineralization that may be present on the Project. The Project has been underexplored but saw sporadic exploration for base metals in the late 1980s.
Figure 3 - Dickson Lake Regional Geology
Qualified Person
The technical information contained in this news release has been reviewed and approved by
The reader is cautioned that the mineralization on nearby or adjacent properties does not necessarily indicate that any mineral resources may be discovered on the
About
For more information, visit www.vitalbatterymetals.com
On Behalf of the Board of Directors
Chief Executive Officer, Director
+1 (604) 229-9772
info@vitalbatterymetals.com
References:
1 – Technical Report, Georgia Lake Lithium Project Pre-Feasibility Study, Rock Tech Lithium Inc.,
2 – Imagine Lithium Jackpot Project Resource, 1956 by
3 – Carter, M.W. 1975: Geology of the Dickson Lake Area. District of
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the Project acquisition bringing a low-risk opportunity, the Company building a strong battery metals portfolio with low-risk opportunities that positively impact the Company and its shareholders and the Company providing an initial work plan are "forward-looking statements". Forward-looking statements in this news release include, but are not limited to, statements with respect to the Project and its mineralization potential; the Company’s objectives, goals or future plans with respect to the Project; the commencement of drilling or exploration programs in the future. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
Photos accompanying this announcement are available at:
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Figure 1
Vital Battery Metals Dickson Lake Lithium Project Regional Geology
Figure 2
Dickson Lake Lithium Project Mapped Pegmatites
Figure 3
Dickson Lake Regional Geology
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