RSS SubscribeJune 5, 2023
- The Georgia Lake Lithium District has a proven track record of economic Li deposits dating back to the mid 1950’s.
- Victory’s 2,263 hectare Georgia Lake property is located 1.8 kilometers east of Rock Tech Lithium Inc.’s (TSXV-RCK) North Spodumene Pegmatite Area (NSPA) where a positive Pre-Feasibility Study (“PFS”) was announced on November 15, 2022 supporting a proposed open pit and underground mine operation along with the construction of a 1,000,000 tonne-per-annum spodumene concentrator https://www.rocktechlithium.com/de/news/georgia-lake-project:-pre-feasibility-study-published
- Three new LCT-type Li bearing pegmatites named Line 20, Camp 38, and Conway East were discovered by Rock Tech near the eastern border of their NSPA during the 2022 field and was announced on Jan. 31, 2023 Rock Tech Lithium: Positive Assay Results of Summer Exploration Program and Three New Prospects at Georgia Lake (prnewswire.com)
- These recently discovered LCT pegmatites on Rock Tech’s NSPA ground is considered very encouraging with respect to Victory’s claims and current 2023 exploration program which is now underway
- Victory’s property shares similar geology and is along strike from Rock Tech’s advanced NSPA property. Victory’s ground is recognized as being highly prospective for the discovery of new LCT pegmatites on this under-explored property which has never been subject to systematic exploration and drilling using modern exploration techniques
- Rock Tech Lithium (TSXV: RCK) is building a lithium ore processing facility for custom milling in Thunder Bay, to be online in early 2024, which with Ontario Government support will support mineral processing from other nearby Li mines