Phoenix Lithium Project
Big Bird Lithium Pegmatite - 1,280 m strike length, 1.24% Li2O over 34.3 m
Curlew Lithium Pegmatite - 400 m strike length, 1.72% over 14.87 m
The Phoenix Project was acquired by Clean Commodities Corp. from North Arrow Minerals Inc., in 2016 and consists of seven (7) mineral claims, covering 5,629 ha, located in the Northwest Territories. The project is approximately 70km southeast of the producing Diavik Diamond Mine and are less than 60 km from existing winter road infrastructure. The Phoenix Project hosts the Big Bird and Curley lithium-rich pegmatite deposits.
The Big Bird pegmatite has been mapped over a 1,280m strike length with observable outcrop widths ranging from 8m to greater than 80m. Past drilling at the Big Bird pegmatite returned 1.24% Li2O over 34.3m.
The Curlew pegmatite has been mapped over a strike length of 400m with widths up to 20m. Past drilling at the Curlew pegmatite returned 1.72% Li2O over 14.87m.
The significant lithium grades and widths returned from limited drilling of the Big Bird and Curlew pegmatites highlights the potential for the Phoenix claims to also host further large lithium-rich spodumene pegmatites.
Uranium mineralization at the Labrador Uranium Project is interpreted to be shear zone-hosted while resembling the basement-hosted uranium mineralization found in Saskatchewan’s Athabasca Basin.
Among the variety of uranium prospects hosted within the Labrador Trough Project are the Notak-1 showing, which yielded grab sample assay values up to 1.93% U3O8, and the Old School showing, which yielded grab sample assay values up to 2.08% U3O8.
The Labrador Uranium Project tenure hosts 15 of 16 uranium prospects previously identified by Altius Minerals Corporation (“Altius Minerals”) on ground formerly contained within their Notakwanon Uranium Project, plus an additional prospect on tenure formerly held by Ucore Rare Metals Inc.
Assessment filings by Altius Minerals have noted the potential for the Notakwanon area of Labrador to host bulk tonnage potential for uranium.
Labrador offers significant uranium exploration potential and is elsewhere home to Paladin Energy’s Michelin uranium deposit, one of the world’s largest undeveloped uranium deposits.
Parties interested in further technical information corresponding to the tenure and prospects underlying the Labrador Uranium Project are encouraged to consult past assessment files submitted by Altius Minerals, including Newfoundland & Labrador Assessment File 013M/0091 (http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch58/013M_0091.pdf) and Newfoundland & Labrador Assessment File 013M/0094
Labrador Uranium Project
Acquired January 2017.
Drill-ready uranium exploration project.
At least 15 distinct uranium showings.
Historic grab sample assays up to 2.08% U3O8
For more information and technical disclosures please click here.
The Corporation cautions that no resource estimate has been defined at the Labrador Uranium Project
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