$MGXMF - New Spodumene Discoveries https://www.mgx
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Posted On: 11/27/2017 8:54:08 AM
$MGXMF - New Spodumene Discoveries https://www.mgxminerals.com/investors/news/20...-2018.html
Two new spodumene pegmatite dykes have been discovered located between the Main Dyke and the South Dyke indicating there is more spodumene mineralization to be found near the Main Dyke. Several drill holes in the Main Dyke confirm wide intersections of continuous pegmatite close to surface. The first new dyke was intersected in hole DDH 42 and DDH 43 with up to 30% spodumene. Drilling then targeted the new dyke and successfully intersected it again in hole DDH 44 and DDH 49 (Figure 1). Three-dimensional modelling has indicated that the new dyke was partially intersected at the bottom of hole DDH 40 and DDH 41 giving further confirmation to the discovery. This new dyke is located 20-40m from the Main Dyke and 35-40m vertical depth from the surface. This dyke has similar mineralogy to the Main Dyke with aplite border zone, spodumene granite and quartz + spodumene core zone.
The second new spodumene pegmatite dyke was intersected in DDH 42 and DDH 49. It is located 50m from the Main Dyke and 50-80m vertical depth from surface. Both new dykes are open in all directions.
The Main Dyke Zone is consistently 30-35 m wide and is composed of either one continuous pegmatite dyke close to surface or multiple pegmatite dykes at depth. The Main Dyke is comprised of two dykes along the same strike. The high-grade lithium zones within the Main Dyke pegmatite are the intermediate zone (muscovite-quartz- albite-K-feldspar), the fine-grained spodumene granite zone (quartz-albite-K-feldspar) and the quartz core (± K-feldspar).
Two new spodumene pegmatite dykes have been discovered located between the Main Dyke and the South Dyke indicating there is more spodumene mineralization to be found near the Main Dyke. Several drill holes in the Main Dyke confirm wide intersections of continuous pegmatite close to surface. The first new dyke was intersected in hole DDH 42 and DDH 43 with up to 30% spodumene. Drilling then targeted the new dyke and successfully intersected it again in hole DDH 44 and DDH 49 (Figure 1). Three-dimensional modelling has indicated that the new dyke was partially intersected at the bottom of hole DDH 40 and DDH 41 giving further confirmation to the discovery. This new dyke is located 20-40m from the Main Dyke and 35-40m vertical depth from the surface. This dyke has similar mineralogy to the Main Dyke with aplite border zone, spodumene granite and quartz + spodumene core zone.
The second new spodumene pegmatite dyke was intersected in DDH 42 and DDH 49. It is located 50m from the Main Dyke and 50-80m vertical depth from surface. Both new dykes are open in all directions.
The Main Dyke Zone is consistently 30-35 m wide and is composed of either one continuous pegmatite dyke close to surface or multiple pegmatite dykes at depth. The Main Dyke is comprised of two dykes along the same strike. The high-grade lithium zones within the Main Dyke pegmatite are the intermediate zone (muscovite-quartz- albite-K-feldspar), the fine-grained spodumene granite zone (quartz-albite-K-feldspar) and the quartz core (± K-feldspar).
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