Musk Metals Announces Permits Received on Its 100% Owned "Elon" Lithium Project in Quebec, Canada

Rhea-AI Summary

Musk Metals Corp. announces the initiation of its fourth exploration program on the Elon lithium project in Quebec, following the receipt of necessary permits. The exploration, starting mid-June, will target six anomalies and involve trenching, mapping, and sampling for lithium-rich spodumene.

The company plans to trench approximately 175 meters and conduct 50 meters of channel sampling. This strategic location is near the North American Lithium Project, which historically produced over 907,000 tons of material at 1.40% Li2O.

Positive

• Exploration program for Elon lithium project set to begin, increasing growth potential.
• Permits received allow immediate commencement of exploration activities.

Negative

• Only 175 of the proposed 350 meters will be trenched due to terrain limitations.
• Potential impact on exploration timeline and results due to reduced trenching.

VANCOUVER, BC / ACCESSWIRE / June 6, 2022 / Musk Metals Corp. ("Musk Metals" or the "Company") (CSE:MUSK) (OTC:EMSKF) (FSE:1I30) is pleased to announce it will start its fourth exploration program for Phase 1, on its 100% owned ‘'Elon'' lithium project in Quebec. Permit has been received, exploration work is expected to start mid-June, targeting six anomalies that will be trenched, mapped, and sampled for lithium-rich spodumene. Dynamic Discoveries Geosciences was mandated to identify targets using topographic imagery (LiDAR), cross referenced with a high resolution heliborne magnetic survey (2021) and DEM. Possible surface dykes cross cutting the interpreted intrusions, concordant with till anomalies which show a context alike the Quebec Lithium Mine located 600m south-west of the Elon Lithium Property (the ‘'Property'').

The Program

The Company is expected to trench approximately 175 meters out of the 350 meters of proposed planning. Trenches should be 2m wide, overburden depth is estimated at 0 to 3 meters. Fifty (50) meters of channel sampling is expected, which will be determined following surface mapping once bedrock is exposed. Target priorities are set according to where the bedrock is superficial which is somewhat concordant to outcrop geochemical anomalies rich in lithium, tantalum, and yttrium (Table 1). Unexplored targets in the present program will be subject to future exploration work, such as shallow drilling or further trenching.

Table 1: Trenches Details.

Priority	TRENCH ID	LENGHT (m)	DEPTH (m)	OVERBURDEN (m3)	TARGET DESCRIPTION
1	T3	30	1 - 2	284.67	Interpreted pegmatite dyke using DEM-high and cross-referenced with LiDAR topographic imagery. Two blocs down-ice returned highest Li values of Fall 2021 prospection survey.
1	T4	83	1 - 3	767.79	Possible pegmatite dyke swarm, identified with Low Mag, high DEM and cross-referenced with LiDAR topographic imagery.
1	T9	62	2 - 3	574.11	Possible pegmatite dyke swarm interpreted with Low Mag, high DEM and cross-referenced with LiDAR topographic imagery.
2	T7	86	2 - 3	791.1	Interpreted pegmatitic dyke swarm, 300 meters up-ice from ‘'Zone A'' which returned highest Li values in outcrop samples, including one value at 101ppm Li. Dyke swarm would be in inner zone of interpreted intrusion.
3	T8	41	2 - 3	383.13	Possible pegmatite dyke identified with high DEM. Pegmatite dyke would be in inner zone of interpreted intrusion.
3	T10	46	2 - 3	428.04	Possible pegmatitic dykes identified with high DEM, and possible dyke swarm identified with Low Mag. Cross referenced with LiDAR topographic imagery.

Mountain Bike trails, Cross-Country Ski trails and other trails are present on the southern part of the Property. To prevent damage to these trails, the Company will be using existing roads outside of the trail system to access their trenches. This led to the Company to reduce the number of trenches and sampled length to be worked in June (Figure 1).

Figure 1. Proposed Trenches and Existing Trails and Access.

The Property

The Elon Property is strategically located in Abitibi, Qc at approximately 600 meters northeast of the North American Lithium Project, formerly known as Mine Québec Lithium, which produced over 907,000 tons of material at 1.40% Li2O between 1955 and 1965 (Boily et al, 1989).

References:

Boily, M., Pilote, P., Raillon, H., 1989: La métallogénie des métaux de haute technologie en Abitibi-Témiscamingue. Ministère des Ressources Naturelles, MB 89-29.

Pearse, HK., Paiement, J.P., Skiadas. N., Stapinsky, M., Boyd, T., Bonneville., Gagnon, D., Clayton, G., Michaud, A., Boilard, A., 2016: NI 43-101 Technical Report - Feasibility Study on the Whabouchi Lithium Deposit and Hydromet Plant (Revised). Prepared for Nemaska Lithium Inc. By Met-Chem Canada Inc.

Qualified Person

This press release was prepared by Pierre-Alexandre Pelletier, P.Geo OGQ, and Steven Lauzier, P.Geo OGQ whom are qualified persons as defined under National Instrument 43-101, and who reviewed and approved the geological information provided in this news release.

Make sure to follow the company on Twitter, Instagram and Facebook as well as subscribe for company updates at www.muskmetals.ca

About Musk Metals Corp.

Musk Metals is a publicly traded exploration company focused on the development of highly prospective, discovery-stage mineral properties located in some of Canada's top mining jurisdictions. The growing portfolio of mineral properties exhibit favorable geological characteristics in underexplored areas within the prolific "Electric Avenue" pegmatite field of northwestern Ontario, the "Abitibi Lithium Camp" of southwestern Quebec, the "Golden Triangle" district of British Columbia, the Mineral Rich "Red Lake" mining camp of Northwestern Ontario and the "Chapais-Chibougamau" mining camp, the second largest mining camp in Quebec, Canada.

ON BEHALF OF THE BOARD

___Nader Vatanchi___
CEO & Director

For more information on Musk Metals, please contact:

Phone: 604-717-6605
Corporate e-mail: info@muskmetals.ca
Website: www.muskmetals.ca
Corporate Address: 2905 - 700 West Georgia Street, Vancouver, BC, V7Y 1C6

Neither Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Musk Metals Corp.

View source version on accesswire.com:
https://www.accesswire.com/703998/Musk-Metals-Announces-Permits-Received-on-Its-100-Owned-Elon-Lithium-Project-in-Quebec-Canada

FAQ

What is the purpose of Musk Metals Corp.'s exploration program at Elon lithium project?

The purpose is to identify and sample lithium-rich spodumene across six targeted anomalies.

When is the exploration work expected to begin for the Elon lithium project?

Exploration work is expected to start in mid-June 2022.

What geological methods are being used in the exploration of the Elon property?

The exploration uses LiDAR topographic imagery and high-resolution heliborne magnetic surveys.

How much trenching will Musk Metals conduct in this program?

Musk Metals plans to trench approximately 175 meters out of the proposed 350 meters.

What notable project is located near Musk Metals' Elon lithium property?

The Elon property is approximately 600 meters northeast of the North American Lithium Project.