A high-resolution heliborne magnetic and radiometric survey will be conducted over the properties of Corvette Lake North and Corvette Lake South by MAX Power Mining Corp. in an effort to find potential pegmatite sites that contain lithium.
MAX Power Mining claims location map at James Bay Lithium Camp, Quebec, Canada. Image Credit: Max Power Mining Corp
The airborne surveys are being done by Prospectair Geosurveys of Gatineau, Quebec. Forest fire access limitations that are currently in place have no effect on Prospectair’s activities.
Using 50-m line spacing and 2,257-line km of coverage, the heliborne magnetic and radiometric survey will gather comprehensive data on the properties. In areas where rocks are not outcropping, the narrow line spacing is particularly crucial for understanding structures and rock formations.
The geophysical specialists at GroundTruth Exploration will examine and interpret the data. To more accurately identify the local structure in areas with potential targets, 3D inversion models will be created.
Additionally, MAX Power has contracted with Axiom Exploration Group Ltd. for its 2023 field summer exploration program, which will involve soil sampling over identified magnetic and radiometric targets/anomalies and prospecting for LCT-type (Lithium, Cesium, Tantalum) mineralized pegmatites.
Once the summer field exploration has started, the company will provide investors with an update.
Geology
According to the Quebec report RG 2020-01 (Géologie de la region du lac de la Corvette, Eeyou Istchee Baie-James), the Corvette North Property is positioned in an exciting structural setting between two significant intrusive complexes highlighted by the Langelier and Moyen plutons.
While some of the remaining claims are located in Domain III, the same structural domain that is home to the region’s CV5 and CV8 pegmatite finds, one portion of the Corvette North claims is located in structural Domain IV (as mentioned in the report).
Due to the concentration of pressures and potential pegmatite intrusion emplacements, the area directly between the Langelier and Moyen plutons could present intriguing exploration possibilities.
Virginia Mines spent several years working in the Corvette North claims region, conducting gold exploration operations and locating numerous gold occurrences in the Corvette Greenstone Belt in Domain V.
The majority of the historic Virginia Mines’ Corvette and Eade gold showings occur in Domain V. This area contains lithium pegmatite occurrences that will be studied during MAX Power’s future field program.
Management warns that the presence of similar mineralization or geology on adjacent and/or nearby properties does not always imply the occurrence of similar mineralization or geology on the company’s holdings.