Bounty Gold Corp.

Laval, Webb, Gullwing-Tot Lithium Properties

REGION

Wabigoon Subprovince

SIZE

5266 Hectares

NUMBER OF CELLS

252

STATUS

Unavailable

TARGET COMMODITY

Lithium

ACTIVITY

Grassroots Prospecting

The Laval (1042 hectares), Webb (3579 hectares) and Gullwing-Tot (645 hectares) properties are a lithium-REE exploration opportunity located 25-30 km northeast of Dryden, Ontario.

Grassroots prospecting at the Laval Property in October 2022 has confirmed the presence of pegmatites hosted within metasediments and metavolcanics surrounding the S-type, peraluminous Laval Lake Pluton. Further, metasediments and metavolcanics which pegmatites have intruded into were identified in areas previously mapped as granodiorite, illustrating the opportunity to reinterpret the geology of this underexplored area proximal to the Mavis Lake and Gullwing-Tot pegmatite fields.

Review of historic diamond drill logs by previous operators exploring for other commodities (gold) has confirmed that pegmatite dikes bearing indicator minerals (muscovite, garnet, tourmaline, green mica, greenish feldspar, graphic quartz intergrowth) are widespread throughout this area.

A mica sample (DAJ-86-32) collected as part of an industrial minerals study yielded highly anomalous lithium values of 1421 ppm. Subsequent sampling by the Ontario Geological Survey as part of the reconnaissance study (Operation Treasure Hunt) of peraluminous granites and associated rare-element pegmatites demonstrated modest fractioning of the pegmatites on the Laval Property (mean K/Rb = 102, range = 65-168).

The following recommendation for exploration was provided for this area, arising from the reconnaissance work completed by the Ontario Geological Survey during Operation Treasure Hunt:

Exploration is also warranted across the Minnitaki group in the Eagle Lake-Dryden-Hartman townships area since economically interesting tantalum levels occur in pegmatite dikes. Exploration should initially focus in the exocontact zones around fertile, peraluminous, parent granite masses, such as the Hughes Creek pluton, Zealand stock and Laval Lake pluton and east to northeast of the Ghost Lake batholith.

Source

Breaks, F.W., Selway, J.B. and Tindle, A.G. 2003. Fertile peraluminous granites and related rare-element mineralization in pegmatites, SuperiorProvince, northwest and northeast Ontario: Operation Treasure Hunt; Ontario Geological Survey, Open File Report 6099, 179p.

About Bounty Gold Corp.

Bounty Gold Corp. is a privately held company with over 100,000 hectares of mineral claims currently available for option in Northern Ontario. The current focus of our grassroots prospecting activities and mining claims available for option is: gold and lithium-REE.

Bounty Gold Corp is continually seeking and acquiring new exploration opportunities, check back frequently to see the latest updates. Since 2020, we have optioned 28 properties covering 45,501 hectares.

Latest News

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Contact Us

104 Howey Steet, P.O. Box 1160
Red Lake, Ontario
P0V 2M0


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