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92 Resources Corp encouraged by recent sampling at Corvette property

On the one-day site visit, two large pegmatites were discovered, and four grab samples were collected.
92 Resources Corp encouraged by recent sampling at Corvette property
Lithium is a buzz commodity at the moment - especially for its use in batteries

Energy solutions group 92 Resources Corp (CVE:NYT) has been encouraged by a site visit to its 100% owned Corvette property in Quebec, where sampling has returned 3.48% and 7.32% lithium dioxide.

Although only a small area was evaluated during the one-day site visit, two large, sub-parallel pegmatites were discovered, and four grab samples were collected.

"With only one day of targeted prospecting and sampling, we have outlined two spodumene pegmatites both in close proximity and confirmed that significant grades of lithium are present," said  Adrian Lamoureux,  the chief executive.

The Corvette property was acquired as part of a three-property land package agreement recently completed.

It consists of 76 claims for total of 3,891 hectares and was acquired for its lithium potential, and as a complementary asset to its flagship Hidden Lake project in the Northwest Territories.

From the larger pegmatite, three  samples assayed 0.80%, 3.48%, and 7.32% lithium.

From the second pegmatite, a single grab sample was collected. This pegmatite was also spodumene bearing and returned 1.22% lithium, as well as anomalous tantalum of 90 ppm (parts per million), the firm said.

92 Resources Corp currently holds three principal assets in Canada -  the Hidden Lake lithium property in the North West Territories, the Pontax Lithium property in Quebec, and the Golden Frac Sand Property in British Columbia.

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