Burley Minerals (ASX: BUR) hit pegmatite swarms at Chubb North

Burley Minerals (ASX: BUR) hit pegmatite swarms at Chubb North

October 30, 2023 Off By Rueben Hale

has hit 182m pegmatite swarms at its Chubb North Prospect in the heart of the world-class lithium province of Québec, Canada.

Four diamond drilling holes intersected an extensive LCT pegmatite system with dykes up to 182m thick and a 500m+ outcrop strike.

Diamond drilling has identified two LCT pegmatite targets, extending continuous, open mineralisation and demanding further drilling.

The discovery has significantly extended during the maiden zone north of the main site.

Burley CEO Stewart McCallion says indications after LIBS and pXRF analysis
had been promising.


“Excitement is building following examination of the initial 4 diamond holes drilled into the newly identified LCT pegmatite target at Chubb North,” Mr McCallion said.


“All four holes encountered pegmatite zones more significant than 30m wide with combined widths of up to 182m, and with the largest pegmatite outcrop exceeding 500m of strike length.

“Importantly the pXRF and LIBS geochemical results suggest very positive 1 Geochemical results are qualitative and intended to guide Company geologists when planning future field work only.”

Geologists have drilled 9,000m and are reviewing data to confirm lithium in the pegmatite field and explore new mineralisation at Chubb North.


About Burley Minerals

Burley is a well-established exploration and development Company with strategic assets in the globally recognised Tier-1 Provinces of Quebec, Canada and Western Australia. The tenements are prospective for Lithium, Rubidium, Iron Ore and Base metals.

BUR.AX
BURLEY MIN FPO [BUR]
ASX
down arrow$0.055
$0.002
3.51%

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

MarketOpen is an online digital media and in person events business connecting companies and investors. Through its flagship MarketOpen.com.au and social media, MarketOpen cover breaking news on mining, oil and gas, technology and biotechnology companies listed on the Australian Securities Exchange (ASX).

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005
info@marketopen.com.au

Stewart Walters
Managing Director
stewart@marketopen.com.au
+61 414 644 166

Holly Walters
Accounts and Events Manager
holly@marketopen.com.au
+61 409 281 580

Subscribe

* indicates required