McKenzie Bay Lithium Property

REGION

English River Subprovince

SIZE

6186 Hectares

NUMBER OF CELLS

301

STATUS

Unavailable – Option Pending

TARGET COMMODITY

Lithium, REEs

ACTIVITY

Grassroots Prospecting

The McKenzie Bay Lithium Property is located 65 km east of Ear Falls, Ontario.

The property is within the English River Subprovince immediately north of the English River-Winnipeg River Subprovince boundary. Subprovince boundary zones are generally thought to be prospective locations for the occurrence of LCT pegmatites. The property occupies the eastern flank of the Wapesi Batholith, a large S-type peraluminous granite and it’s eastern contact with surrounding metasediments.

The Red Lake Resident Geologist office conducted reconnaissance surveys (see OGS Report of Activities 2007, 2010 and 2019) of the Red Lake Mining District in a effort to identify areas prospective for LCT pegmatites. During this survey samples were collected from the McKenzie Bay Property as well as the area surrounding it. Initial geochemical analysis from this limited sampling suggests moderate fractioning of the pegmatites has occurred, and demonstrates the possibility that with additional exploration efforts, more highly evolved pegmatites and potential rare-element mineralization may be located.

During grassroots prospecting completed by Bounty Gold Corp and Last Resort Resources, numerous occurrences of indicator minerals (ie. garnets, muscovite, tourmaline, minor apatite) were documented in the pegmatite swarms that were discovered to be present on the property. Samples of the pegmatite and host peraluminous granite have been collected and submitted for geochemical analysis. Assays are currently pending.