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Equitorial Exploration Corp.
Summary
| Project: | Little Nahanni | |
|---|---|---|
| Deposit: | Little Nahanni | |
| Location: | Canada | |
| Commodities: | Lithium-Tantalum | |
| Date: | 3/22/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-3-2017: Equitorial Exploration Corp. announces a Supporting Acquisition report for its Little Nahanni deposit at the Little Nahanni project. Summary of property in support of acquisition. The Little Nahanni Pegmatite property is in the NWT, adjacent to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Timothy Liverton (Independent) | |
| ABSTRACT: | The Little Nahanni Pegmatite property is in the NWT, adjacent to the Yukon border and some 39km WNW of the Canada Tungsten mine. The prospect consists of a system of branching swarms of dykes that extend over 13km exposed strike length and up to 500m width. Individual dykes within these `swarms`are mostly 1-10m thickness. Natural exposure and drilling has demonstrated a vertical extent of 300m. Minerals of interest are spodumene, lithium micas, tantalite-columbite and cassiterite. Grades of up to 2% Li2O and 500g/t Ta2O5 are reported for individual dykes. The property has been explored sporadically since 1979. This work included soil and stream sediment geochemistry, chip and channel sampling of cliff faces and 1798m of diamond drilling. With the current increase in the demand of Li and Ta the property has become a significant prospect. Equitorial Exploration Corp. optioned the claims in 2016 and commenced exploration with a carefully executed channel sampling programme that was performed by Archer Cathro and Associates (1981) Limited (Archer Cathro). To date no estimate of reserves that would be NI 43-101 compliant has been made. Future work would be best aimed at developing adequate grade data. The 2016 channel sampling is adequate for inclusion in a database of dimensions and grade. Further sampling using accurate surveying and documentation is needed. The property is large enough that many diamond or percussion drill holes will be required to build up a compliant resource. These may best be sited according to results of surface channel sampling. Testing of the mineralization at depth is also an obvious target. | |
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