Seymour Lake Project Presentation

Seymour Lake LiLi-BeBe-Ta Property
Armstrong, NW Ontario
Seymour Lake LiLi-TaTa-Be Project – Highlights
™ Main Zone has been intersected over approximately 200 m x 250 m and is up to 26 m in
thickness (averages 11
11..52 m thick @ 1.467%
467% Li
Li2
2O)
O).. Zone is open to the north and to the east.
east.
™ Main Zone underlain by at least three more stacked and open horizons at relative shallow
depth that carry similar lithium grades (with significant Be and Ta).
Ta).
™ Soil sampling and lithogeochemical sampling indicate that there is a very good possibility of
discovering significant extensions to the known occurrences (north of North Aubry
Aubry;; west and
southeast of South Aubry), as well as the possibility of discovering new zones, especially to the
east (Pye showing area) and south (Lookout Hill)
Hill)..
™ Excellent access to infrastructure (road, rail, hydro), all within 10 km (hydro dam planned
completion late 2013)
2013).
™ Location
L
ti off Main
M i Zone
Z
att surface
f
near top
t off large
l
hill provides
id open pit
it and/or
d/ ramp access.
access.
™ MOU already signed with Whitesands First Nation, which is propro-development and very
supportive of the project.
project.
™ Prices of Li, Ta and Be all predicted to increase
increase:: Li (electric vehicles, etc.
etc.), Ta (loss of conflict
supply and primary producer closure), and Be (nuclear fuel alloys, US military armor
applications, etc.
etc.)
Seymour Lake – Location Map
Seymour Lake – Regional Geology
Seymour Lake – Property Map
Seymour Lake – Showing and DDH Location Map
North Aubry
Pye
South Aubry
Mafic VolcanicVolcanicGranite Contact
- LRM: Seymour Lake Group
- LRM: KM61 Group
North Aubry – Looking Southwest
Upper contact,
Main Zone
DDH Collar
Scale
Seymour Lake – Typical Pegmatite Mineralogy
Dime for
scale
Tantalite (black xtals with blue apatite)
S
d
((pale
l green llarge xtals
t l parallel
ll l tto h
Spodumene
hammer))
B
Beryll ((green xtal
t l tto right
i ht off h
hammer))
Seymour Lake – SL
SL--09
09--33 (twin SLSL-02
02--08); Main/Lower
Lower
Main
North Aubry
open
open
p
Pye
open
So th Aubry
South
A br
On Elevation Image
open
- Grid Lines
200 m
Shallow hole, zone
plunges below EOH
Plunge
g 20º N
Local fault offset (?)
between SL02SL02-02 and -07
Section 9950N
Dip 30º N
Intersected narrow
sub--vertical dykes
sub
50 m grid
- Main/Lower Horizon, preliminary solid model
North Aubry – Section 9950N
M/L
L-2
L-1
M = Main Horizon, L = Lower Horizon (M/L
= combined), LL-1 = Lower 1, LL-2 = Lower 2
Section ~9450N
Plunge 10º N
Dip 30º N
Lepidolite Boulder
50 m grid
- Main/Lower Horizon, preliminary solid model
South Aubry – Section 9450N
M
L
open
open
Anaconda DDH Results – North Aubry
* Ta not assayed
North Aubry – 2002 DDH Results, Li
Li--Be
Hole
SL--02SL
02-2
SL--02SL
02-3
And
SL--02SL
02-4
SL--02SL
02-5
SL--02SL
02-8 *
SL--02SL
02-9
SL--02SL
02-10
SL--02SL
02-14
SL--02SL
02-15*2
Horizon
Main
Main
Lower
Main
Main
Main
Main
Lower
Lower--1
Main
Main
From
(metres)
45.75
25.65
32.50
25.00
18.00
13.60
1.45
51.85
2.65
6.35
SL-02SL02-16
SL--02SL
02-25
SL--02SL
02-26
SL--02SL
02-27
SL--02
SL
02--28
SL--02SL
02-29
SL--02SL
02-30
And
SL--02
SL
02--31
Main
Main
Main
Main
Main
Main
Main
Lower?
Main
1.70
1.40
1.65
3.00
2.30
1.80
2.00
23.30
1.60
To
(metres)
60.00
30.20
40.70
34.20
21.60
30.00
22.10
57.05
8.35
11.80
Width
(metres)
14.25
4.55
8.20
9.20
3.60
16.40
20.65
5.20
5.70
5.45
Li2O(%)
1.735
1.210
1.370
2.386
0.944
0.830
0.955
1.578
2.212
1.302
BeO
BeO(%)
(%)
0.046
0.038
0.037
0.034
0.039
0.022
0.037
0.062
0.065
0.034
9.55
1.65
5.05
26.85
14.10
13.75
18.90
27.00
19.32
7.85
0.25
3.40
23.85
11.80
11.95
16.90
3.70
17.72
1.148
0.829
2.484
1.325
1.837
1.696
2.081
1.837
1.475
0.055
0.013
0.024
0.031
0.127
0.096
0.025
0.037
0.028
* SL-02-08 was lost at 30 metre depth
*2 this interval preceded by 0.95 m of lost core and then preceded by 0.7 m of 1.052% BeO
South Aubry – 2002 DDH Results, Li
Li--Be
From
(metres)
30.70
To
(metres)
35.05
Width
(metres)
4.35
Li2O (%)
1.460
BeO (%)
0.056
Hole
SL--02SL
02-17
Horizon
Lower
SL--02SL
02-18
Main
25.00
31.25
6.25
0.339
0.013
And
Lower
52.10
61.18
9.08
1.262
0.067
SL--02SL
02-19
Main
2.65
17.15
14.50
0.304
0.040
SL--02SL
02-20
Main
3.00
16.30
13.30
0.757
0.048
And
Lower
58.20
60.00
1.80
0.454
0.088
SL--02SL
02-21
Main
2.35
18.64
10.36
0.648
0.052
And
Lower
50.82
52.02
1.20
0.288
0.027
SL--02SL
02-22
Main
8.13
15.20
7.07
0.390
0.036
And
Lower
39 18
39.18
42 10
42.10
2 92
2.92
1 401
1.401
0 046
0.046
SL--02SL
02-23
Main
1.95
5.20
3.25
0.625
0.074
SL--02SL
02-24
Main
13.90
17.95
4.05
0.307
0.049
North Aubry – 2002
2002--09 DDH Results, Tantalum
Hole
SL02--15
SL02
SL02--28
SL02
SL02--31
SL02
and
Horizon
Main
Main
Main
Lower?
From
To
Width
(metres)
6 35
6.35
9 75
9.75
3 40
3.40
0 104
0.104
3.75
6.00
2.25
0.108
6.35
7.50
1.15
0.092
14.50
19.32
4.82
0.118
Ta2O5 (%)
In the 2009 drilling, only two narrow high grade tantalum intersections were made: SL
SL--09
09--3A with
1.0 m of 0.221% Ta2O5; and SL
SL--09
09--33 with 0.84 m at 0.098% Ta2O5.
Strong Rb2O values were also encountered in most of the drill holes, giving average values of 0.1%
to 0.6% over the composite interval, but as with tantalum and beryllium in note (1), no metallurgical
or comparative work has been undertaken to quantify what ultimately may be recoverable values of
rubidium, or any other potential by
by--product credits such as gallium or thallium.
thallium.
North Aubry – 2009 DDH Results, Li
Li--Be
Hole
SL--09SL
09-03A
SL--09SL
09-09A
And
SL--09SL
09-27A
SL--09SL
09-33
And
And
SL--09SL
09-34
SL-09SL09-43
And
SL--09SL
09-44
And
SL--09SL
09-45
SL--09
SL
09--46
SL-09SL09-47
And
Horizon
Lower
Lower--1
Lower
Lower--1
LowerLower-2
Lower
Lower--1
Main/Lower
LowerLower-1
Dyke?
Main
Main
Lower--1
Lower
Main
LowerLower-1
Main/Lower
Main/Lower
Main/Lower
From
(metres)
74.17
53.12
71.90
62.00
14.40
90.2
105.3
86.32
To
(metres)
85.30
58.70
75.30
67.60
40.53
93.5
106.4
97.54
Width
(metres)
11.13
5.58
3.40
5.60
26.13
3.3
1.1
11.22
Li2O %
1.203
0.108
0.833
1.895
1.584
0.936
1.176
0.550
51.55
97.28
32.80
72.70
48.00
60 82
60.82
58.00
102.08
39.55
75.84
60.90
78 45
78.45
6.45
4.80
6.75
3.14
12.90
17 63
17.63
1.030
0.735
2.100
2.457
1.676
0 710
0.710
51.52
55.40
55.40
62.40
3.88
7.00
1.507
0.200
BeO %(1)
0.033
Nsa(2)
0.038
0.068
0.046
0.063
0.070
0.023
0.017
0.010
0.082
0.031
0.045
0.047
0.081
0.024
(1) BeO and Ta2O5 values greater than approximately 0.04% may be recoverable based on comparison to metal oxide grades in known rare metal deposits such
as Tanco’s Bernic Lake mine or Talison Minerals’ Greenbushes mine,, but are not supported
byy specific
metallurgical
testing
from the Aubryy
pp
p
g
g on samples
p
Zones. These values are currently shown for reference only, to indicate potentially recoverable by-product credits in an eventual development scenario.
(2) nsa = no significant assays
South Aubry – 2009 DDH Results, Li
Li--Be
SL-09-48 intersected several narrow horizons, including 1.23 metres at
0.422% Li2O and 0.062% BeO, and 2.32 metres at 0.854% Li2O and
0.032% BeO
Seymour Lake – Enzyme Leach Soil Results, Lithium
North Aubry
Pye
South Aubry
Li ppb
Lots of untested
potential indicated by
unexplained soil and
lithochem anomalies
Seymour Lake – Surface Lithogeochem Results, Lithium
open
North Aubry
Pye
S th Aubry
South
A b
Excellent untested
potential indicated
by unexplained
soil and lithochem
anomalies