First Class Metals plc (FCM) has begun a systematic exploration and mapping campaign at the Zigzag lithium project in the Seymour Lake area of northwest Ontario.
OUTCROPS
The company is targeting known exposures of pegmatite-hosted lithium mineralisation, alongside conducting sawn channel sampling along strike intervals across the exposed pegmatite outcrop.
A further thirty-nine grab samples have been collected and sent for assay.
The claim comprises six units and includes a 800m mapped structure, Tebishogeshik occurrence.
“The initial, non-systematic grab samples collected by FCM, myself included, have demonstrated and validated the potential indicated by the historic samples from the Zigzag showing,” said chief executive officer Marc J Sale.
“Having visited the property and walked the outcrop I am confident that drilling will support the tenor of assays reported to date.
“I am confident that further outcrops in this zone and along strike will be identified.
“The focus of the current, ongoing programme is to bring Zigzag to a drill ready status in a ‘fast track,’ but diligent manner.'”
The company added it was also issuing 159,735 new ordinary shares to Nuinsco Resources Ltd in respect of the year one Zigzag earn-in option.