NEWS: Canadian Explorer Confirms Lithium Mineralization, Samples Grading up to 1.34% Lithium Oxide
Gama Explorations Inc. (CSE: GAMA)
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Gama Explorations Inc. (CSE: GAMA)
Gama Explorations Inc. Quote:
https://thecse.com/en/listings/mining...
Gama Explorations Inc. Website:
https://gamaexplorations.com/
Gama is a Canadian company listed on the Canadian Securities Exchange (CSE:GAMA), and on the Frankfurt Stock Exchange (FSE:N79). The Company is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties containing metals used in green technologies and the renewable energy sector. The Company recently announced the addition of the Muskox Pegmatite Lithium Project situated within the Yellowknife Pegmatite Province in the Northwest Territories, to complement its existing portfolio consisting of the Big Onion Copper-Molybdenum Project located a short 20-minute drive from the town of Smithers in northern British Columbia (option to earn 100%). Further, GAMA owns 100% of the Tyee Nickel-Copper Massive Sulphide Project located in North-Eastern Quebec. The Company continuously evaluates opportunities to acquire interest in additional exploration stage mineral properties in stable jurisdictions.
News Released March 13, 2023
GAMA CONFIRMS LITHIUM MINERALIZATION IN SPODUMENE AT CM-1 PEGMATITE
https://webfiles.thecse.com/20230313N...
Highlights of Press Release:
• XRD analysis by ActLABS confirms spodumene is the dominant lithium bearing mineral in the
CM-1 pegmatite
• The CM-1 pegmatite is located on the southern boundary of the Muskox project area adjacent to an all-season road. The pegmatite outcrops over a strike length of 700 m and a width of up to 11m
• All composite samples from the CM-1 pegmatite were analyzed using XRD to identify the spodumene content
• Spodumene comprises 8.0% to 13.8% of the samples by weight
• No other lithium bearing mineral phases were identified
Additionally, CSE: GAMA announced on March 15, 2023
GAMA CONTINUES TO EXPAND LAND HOLDING IN THE HAVRE ST. PIERRE ANORTHOSITE COMPLEX IN QUEBEC
https://webfiles.thecse.com/2023-03-1...
Highlights of Press Release:
CSE: GAMA announced “the purchase of a further 78.8 km2 of mineral claims contiguous to the current project footprint of its Tyee Nickel Project in the Havre St. Pierre Anorthosite Complex ("HSP Complex") in south-eastern Quebec. The purchase of these additional claims brings Gama’s aggregate land position to 625.9 km2.”
Projects
CSE: GAMA currently has three separate battery metals projects, all of which are located close to current infrastructure, providing access to experienced local workers in regions with a rich history of resource development:
Muskox Lithium Project - Hard rock lithium-bearing pegmatites in Northwest Territories
• Muskox Lithium Project located less than 3km south of LIFT’s lithium claims
• One pegmatite of over 700m strike length, up to 11m wide, with channel samples of up to 1.34% Li2O over 5m and 1.26% Li2O over 11m
• Over 30 additional potential lithium-bearing pegmatites identified for follow-up
Tyee Nickel Project: Dominant land position in new nickel belt in SE Quebec
• 547.1 km2 property in SE Quebec adjacent to Go Metals’ recent nickel discovery and just north of property owned by Rio Tinto
• Largest single land holder in the new HSP Region
• The Tyee Claims cover the Havre St. Pierre anorthosite complex, which contains known nickel, copper and PGE occurrences. The Tyee claims cover some of the most anomalous sediment samples in the complex, as well as geophysical features similar to Go Metal’s adjacent HSP Nickel-Copper discovery
• GAMA is expecting to fly a comprehensive SkyTEM Geological survey in the spring
Big Onion Copper Porphyry Project in BC
• 45,000m+ of previous drilling completed
• Recent field work confirm the potential of a larger mineralized sone outside of the existing historical resource footprint
• The Big Onion claims are characterised by an historic resource, several adjacent Induced Polarization (IP) geophysical anomalies and numerous targets defined by elevated Cu and Mo soil geochemistry and rock chips beyond the historic resource envelope
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