Volt Carbon Technologies Inc. has acquired its 100% owned Abamasagi Lake Lithium Project, which is situated northwest of Nakina, Ontario, Canada. Volt Carbon registered the mining claims directly.
The staking was accomplished after thoroughly analyzing several publicly accessible geological databases and publications from the Ontario Government. An overall area of 3100 hectares was covered by 150 Mining Claim cells that were electronically staked using the Ontario Mining Lands Administration System portal.
Based on anomalies in lake sediment, target area 6 was suggested by the OMND publication as a site for grassroots lithium investigation.
The Abamasagi Lake region near the staked areas by Volt Carbon was shown on the map from the OMND publication as having 98th percentile deep sediment samplings of lithium and cesium anomalies.
The staked property is centered on Abamasagi Lake and is located in the English River Subprovince, north of the contact with the Caribou Lake greenstone belt. In the vicinity of this location (Stott et al. 2002), Breaks et al. (2006) reported that a well-exposed, smooth, glacially polished outcrop of garnet-biotite-muscovite pegmatitic leucogranite was found at 02-FWB-54 (UTM 490691E 5591192N, NAD83, Zone 16) close to the Abamasagi Lake Road at its intersection with the Anaconda Road.
At this location, glacially polished surfaces are well exposed with fertile peraluminous granite blocks.
According to Breaks et al. (2006), the bulk composition of muscovite (02-FWB-54-02) indicated levels of elements indicative of a fruitful pegmatitic granite system, especially the increased tantalum (63 ppm Ta), which suggested the possibility of beryl-type pegmatites. The article also suggested exploring the region for potential rare-element deposits.
Volt Carbon has expanded its mineral claims portfolio with the purchase of these mining claims, which might also contain vital rare earth minerals that could be utilized to produce lithium-ion batteries at its Guelph, Ontario, Solid Ultrabattery facility.
The Manitouwadge Graphite Project is located 200 km northwest of the new mining claims. The proximity between the two properties will help the company better coordinate and manage its exploration resources. In 2023, the company intends to investigate the property further.