Burley (ASX:BUR) greenlit for Canadian lithium drilling
February 21, 2023Burley Minerals is approved to begin around 5000 metres of drilling exploring the extent of at least five parallel stacked and completely open lithium-bearing spodumene dykes at its recently acquired Chubb Lithium Project in the world-class lithium province of Quebec, Canada.
A regionally experienced contractor is set to begin the initial diamond-core drilling program following clearing and preparation works expected to be completed in time for drilling to start in March.
The exciting Chubb Project occupies valuable real estate hosting major lithium projects, including Sayona Mining Ltd (ASX: SYA) and Piedmont Lithium Inc’s North American Lithium (NAL) mines, operations, and Mineral Resources totalling 119Mt @1.1% Li2O.
“Burley Minerals, having recently concluded the acquisition of the strategically located Chubb Lithium Project, will immediate focus on drill testing the extensions of the known spodumene mineralisation at the Project site located within the Abitibi Lithium Hub district of Southwest Quebec,” Managing Director Wayne Richards said.
“The drilling program is designed to confirm, expand and extend spodumene lithium mineralisation, confirmed over the last two years of initial diamond core drilling.
“The “Main” spodumene target consists of at least five parallel stacked lithium bearing spodumene dykes which remain open in both directions along strike and at depth.
“With recent exploration success in Quebec by fellow ASX- listed lithium exploration and development Companies in the James Bay region and the finalisation of commissioning at the Northern American Lithium (NAL) Project located 10 km directly NW of the Chubb Project tenements, we look forward to commencing a successful drilling campaign in this much sort-after area of lithium bearing spodumene pegmatites.”
Phase 1 and 2 drill hole application map, including future mapping program locations
$0.034About Burley Minerals
Burley Minerals Ltd engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores iron, nickel, copper, cobalt, and PGE deposits. It holds a 70% interest in the Yerecoin Project, covering an area of approximately 105.5 square kilometres in the northeast of Perth, Western Australia. The company also has the option to acquire 100% interest in the Chubb Lithium project situated in Quebec, Canada, and the Gascoyne project in the central Gascoyne Region of Western Australia. Burley Minerals Ltd was incorporated in 2020 and is headquartered in West Perth, Australia.
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