Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF) today unveiled the discovery of a significant lithium-cesium-tantalum anomaly at their Opinaca Project in Quebec. The encouraging results emerged from a detailed till sampling program, hinting at robust potential for lithium exploration in the region.
Lithium Anomaly Discovery at Opinaca
Targa’s Opinaca till sampling program, conducted by Kenorland Minerals, yielded results from 996 samples, revealing a 2,000m by 1,000m lithium anomaly. CEO Cameron Tymstra expressed excitement about the untapped eastern sector, which is open in the up-ice direction and showcases favorable geology for further exploration.
Exploration Plans and Till Sampling Results
In September 2023, the sampling strategy adopted by Kenorland Minerals encompassed 994 deep till samples across a 35km by 6km area. The samples underwent comprehensive multi-element analysis, identifying an overlapping lithium, cesium, and tantalum anomaly. Targa plans to expand the till grid to the northeast and embark on an outcrop identification and field mapping program in early summer 2024.
About the Opinaca Project
Opinaca lies in the James Bay region, surrounded by notable lithium discoveries and key infrastructure. The project spans over 43,595 hectares with geological attributes conducive to lithium deposits, attracting interest for potential resource development.
Investment and Exploration Interest Spikes with New Lithium Find
Targa is harnessing the latest findings to further its exploration efforts. This revelation aligns with the company’s strategy to intensify the search for lithium-enriched pegmatites at Opinaca and underscores its position as a pioneering lithium exploration enterprise.
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