Skip to content

New Energy Metals Discovers Pegmatites at Ontario’s Roslyn Lithium Project

New Energy Metals Corp. (TSXV:ENRG) (OTC:NRGYF) has announced the discovery of pegmatites and the completion of its initial exploration program at the Roslyn Lithium Project in Ontario. The exploration undertaken in the Georgia Lake Pegmatite field, located northeast of Nipigon, has led to promising preliminary results.

Exploration Program Highlights

Initial Results From LIBS Testing

Preliminary LIBS testing on the property identified lithium values ranging from 100 to 15,600 ppm Li (1.56% Li). Following these results, 23 samples underwent further laboratory assays.

Drone Technology Aids Fieldwork

Drones helped overcome challenges posed by dense vegetation, locating pegmatite outcrops and other promising geological formations.

Lithium-rich Pegmatites Uncovered

Explorers found pegmatite formations comprising minerals such as quartz, feldspar, and muscovite across various geological settings. The observations also included key features like amphibole, biotite, and traces of garnet.

Roslyn Lithium Property Overview

The Roslyn Lithium Property is part of the Georgia Lake Pegmatite Field, a significant hub of rare-element mineralization. Regional geology includes faults and muscovite-bearing granites that are conducive to pegmatite formation.

Leadership Comments

CEO Rishi Kwatra expressed enthusiasm over the exploration achievements, emphasizing New Energy’s commitment to industry innovation and sustainable resource development.

About New Energy Metals Corp.

New Energy focuses on resource development, holding options to purchase interests in several lithium and copper properties throughout Ontario and British Columbia. Their strategic investments underscore the company’s commitment to metal exploration and sustainable mining practices.

The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.

The image is randomly selected and doesn’t necessarily represent the company or the news below.

Click here for more Company News