Wisa Lithium Property

The Wisa Property is a lithium-REE exploration opportunity located 60 km southwest of Atikokan, Ontario.

No historical assessment work has been found for the area covered by the property and the area in general seems greatly underexplored in consideration of its proximity to known spodumene-bearing LCT pegmatites. The Ontario Geological Survey (OGS) collected pegmatite samples from one single location (01-JBS-96) within the present property boundaries during a regional reconnaissance survey (Operation Treasure Hunt) for LCT pegmatites. That sample of a potassic pegmatite dike that was 4 meters wide yielded a low K/Rb ratio (44) and confirmed the presence of an evolved pegmatite.

The nearest spodumene-bearing pegmatite on Green Technology Metals’ neighbouring property is located less than a kilometer north of the property boundary. At that location (Wisa South Dike) on Green Technology Metals’ property, grab samples up to 6.35% Li2O were obtained.

Bounty Gold Corp, in collaboration with our partner on this project (Last Resort Resources) will conduct grassroots prospecting to identify and map pegmatite outcrops and make observations of the relevant characteristics of the pegmatites found, and collect samples for geochemical analysis to determine fractioning patterns that will allow us to vector into areas of higher potential to host LCT pegmatites.

The following recommendation for exploration was provided for this area, arising from the reconnaissance work completed by the Ontario Geological Survey during Operation Treasure Hunt:

The presence of a rare-element pegmatite dike swarm near Wisa Lake (which contains spodumene pegmatite and nearby a suite of newly discovered beryl-type pegmatite dikes with very interesting Nb/Ta ratios) and the confirmed presence of manganocolumbite and manganotantalite, indicate that more exploration for rare-element mineralization is advised for the general area.

Source

Breaks, F.W., Selway, J.B. and Tindle, A.G. 2003. Fertile peraluminous granites and related rare-element mineralization in pegmatites, SuperiorProvince, northwest and northeast Ontario: Operation Treasure Hunt; Ontario Geological Survey, Open File Report 6099, 179p.