Wednesday, July 06, 2016 5:55:58 PM
Ashburton Ventures Inc. has commenced phase two of the exploration program on its Whabouchi South lithium project directly adjacent and on strike with the Nemaska Lithium Whabouchi deposit. The program will consist of geochemical sampling as well as detailed mapping to follow up on the first phase geophysical program (see PR dated May 26, 2016).
"We are excited to commence the phase 2 of our work program on our claims adjoining Nemaska Lithium's Whabouchi deposit." stated David Gdanski, director of Ashburton Ventures. "Locating targets will be a priority to establish a near term drill program."
Phase 2 will entail mapping and sampling of the property, with a emphasis on the NW corner of the claims which appears to be on strike with the Nemaska Lithium Deposit and is most likely to reveal Li-rich pegmatites.
The Whabouchi South property adjacent to Nemaska Lithium Inc.'s Whabouchi project is also on geological strike with Nemaska's Whabouchi mine, the viability of which was supported in Nemaska Lithium's feasibility report released on April 4, 2016. Ashburton property is less than 1.2 kilometre south of Nemaska's planned mine site, shown to hold the world's second-largest and second-richest deposit of spodumene -- the source of lithium -- in the world, with 27 million tonnes of proven and probable resources, with an estimated mine lifespan of 26 years (see Nemaska press release dated April 4, 2016).
The Whabouchi South property bordering Nemaska Lithium Inc.'s Whabouchi project is also on geological strike with Nemaska's Whabouchi mine, the viability of which was supported in Nemaska Lithium's feasibility report released April 4, 2016. The property is less than 1.2 kilometres south of Nemaska's planned mine site, shown to hold the world's second-largest and second-richest deposit of spodumene -- the source of lithium -- in the world, with 27 million tonnes of proven and probable resources, with an estimated mine lifespan of 26 years (see Nemaska press release dated April 4, 2016)
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