Metal Energy Corp. (TSXV: MERG) starts its highly anticipated diamond drill and brine testing program at the SourceRock lithium brine project, marking Ontario’s inaugural foray into this mineral frontier.
SourceRock Drill Excitement
CEO James Sykes stated, “We’re thrilled to begin drilling at SourceRock, confirming its potential as Ontario’s first lithium brine project. Our priority is to verify the presence of lithium-enriched brine through comprehensive downhole geophysical studies and sampling.”
Strategic Drill Campaign Details
The initial 700-metre drill will investigate the brine and rock properties, followed by comprehensive water sampling and flow analysis. Depending on these results, the company has secured funding for up to two additional drillings at the project.
SourceRock Project’s Unique Position
SourceRock holds significant promise for lithium brines, sprawling over 915 square kilometers in North Ontario. The project boasts robust infrastructure support, facilitating exploration and potential development activities.
Metal Energy’s Canadian Battery Metal Projects
With its projects in Ontario and Manitoba, Metal Energy focuses on vital battery metals, including nickel, copper, cobalt, platinum group elements, lithium, sodium, and potassium.
Contact Information
James Sykes, CEO
Project Location Overview
The SourceRock project, nestled within a significant sedimentary basin, mirrors the scale of Chile’s Salar de Atacama, positioning it as a potentially major lithium source.
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