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Musk Metals Corp. (EMSKF) is a publicly traded exploration company focused on developing mineral properties in Canada. Musk Metals has closed the first tranche of its private placement to raise funds for general working capital. The company is commencing remote sensing work on two lithium properties in James Bay, Quebec, to identify potential pegmatite dykes. With a focus on lithium extraction and spodumene concentrate production, Musk Metals is strategically located in mining jurisdictions in Quebec and Northwestern Ontario.
Musk Metals Corp. has initiated drilling at its fully owned Elon lithium project in Quebec, targeting eight holes with a total depth of 1,200 meters. The project benefits from recent permitting and is strategically located near the North American Lithium Project, known for historical lithium production. Additionally, Musk Metals is conducting a non-brokered private placement aiming to raise up to $350,000 to support operational costs. This development positions the company favorably in a promising lithium exploration area, amidst ongoing regional advancements.
Musk Metals Corp. has announced the initiation of its fifth exploration program at the Elon lithium project in Quebec, following the receipt of an intervention permit. Drilling will commence post-hunting season, targeting magnetic anomalies identified in previous surveys.
The program includes drilling eight holes, totaling 1,200 meters, with various targets aimed at magnetic low zones and soil anomalies. The region is deemed rich in lithium potential, particularly due to the proximity to the North American Lithium Project.
Musk Metals Corp. has announced an upcoming eight-hole drill program at its Elon Lithium Project in Quebec, starting in early August 2022. The project is located 600 meters from a previously productive lithium site. The drilling will target magnetic anomalies identified in prior surveys, and Musk Metals aims to complete 1,200 meters of drilling. The CEO expressed excitement over testing high-priority targets, indicating a proactive exploration strategy in a region showing promise for lithium discoveries.
Musk Metals Corp. has initiated its fourth exploration program for Phase 1 at its 100% owned Elon lithium project in Quebec, following the receipt of an intervention permit on May 18, 2022. This exploration, which began on June 13, 2022, will target six anomalies for lithium-rich spodumene through trenching and sampling, totaling approximately 175 meters out of a proposed 350 meters.
The project is strategically positioned near the former North American Lithium Project, enhancing its potential.
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.
Musk Metals Corp. has announced an Option Agreement with Zeal Exploration Inc. to earn up to 100% interest in the Lawyers East, West, and North properties in British Columbia's Golden Horseshoe region. Covering approximately 15,469 acres, these properties are strategically located near Benchmark Metal's significant projects. The agreement allows Musk Metals to explore these highly prospective mineral-rich areas and includes detailed financial terms, requiring a total of CAD $70,000 and 800,000 shares in exchange for the initial 50% interest. CEO Nader Vatanchi expressed optimism regarding gold prices for 2022.
Musk Metals Corp. has announced the final geochemical results from its rock survey on the Elon Lithium Property, revealing promising anomalies. The survey included rock sampling in 2021 and a subsequent geophysical interpretation by Dynamic Discovery Geoscience. The results show potential lithium, tantalum, and yttrium mineralization, indicating the presence of pegmatite dyke swarms likely hosting lithium. Further trenching and drilling programs are planned based on these findings, with permitting commencing soon.
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