Metal Energy Corp. (TSXV: MERG) announces an upcoming drill program set to unveil the lithium brine potential at the SourceRock project, Ontario. Scheduled for early January 2024, the project anticipates exploring significant lithium brine deposits within an ancient sedimentary basin.
Lithium Brine Drilling Imminent at SourceRock
CEO James Sykes expressed his enthusiasm for the prospect of discovering Ontario’s first lithium brines. He highlighted SourceRock’s geological features, indicating a promising exploration campaign ahead. The region shows evidence of salty waters and dolomitic sediments, typical markers of lithium brines.
Exploration Awaits at Strategically Located SourceRock
The large-scale project, spanning 913 square kilometers, is comparable to notable lithium-producing zones such as Chile’s Salar de Atacama’s Central Salt Belt. With an already obtained exploration permit, the project is drill-ready with promising geophysical data suggestive of saline brine targets.
Community Engagement and Infrastructure Advantage
Metal Energy continues proactive engagement with local communities and Indigenous groups. The project enjoys the benefit of well-established infrastructure, promising ease of access and operational consistency.
About Metal Energy Corp. and Its Projects
Emphasizing the importance of battery metals, Metal Energy focuses on its two Canadian projects—the Manibridge (Ni-Cu-Co-PGE) in Manitoba, and the lithium-rich SourceRock (Li-Na-K) in Ontario. The latter could potentially elevate the company’s stature in the battery metal exploration domain.
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