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Pure Resources (ASX:PR1) commences lithium exploration at Laforge, Quebec

ASX News, Materials
ASX:PR1      MCAP $6.671M
30 May 2023 10:48 (AEDT)

Garret Harris and Nicole Myer from APEX Geoscience, with Pure Resources Kane Freeman and James Warren. Source: Pure Resources

Pure Resources (PR1) has begun on-ground exploration at its Laforge lithium project in Quebec, Canada, after completing aerial reconnaissance mapping and sampling last year.

Last November, PR1 sampled just five per cent of its Laforge project area, where geochemical test work discovered high concentrations of lithium and pathfinder elements associated with LCT pegmatites.

The company also intercepted multiple outcropping pegmatites and identified three “promising” zones with granitic pegmatite lithologies, which are the sole focus of the next phase of ground explorations.

PR1 Non-Executive Director James Warren and Exploration Manager Kane Freeman travelled to Laforge to commence the summer field campaign, which is to be executed by APEX Geoscience over the coming months.

“The previous fieldwork was completed on less than five per cent of Pure’s 261 square kilometre landholding, and the company is looking forward to building on the previous work, to generate targets for follow-up drill testing,” Pure Resources Executive Chairman Patric Glovac said.

“Our technical team have recently visited the project and are working closely with APEX
Geoscience to unlock the project’s full potential and we look forward to keeping the
market updated on results as they come to light,” Mr Glovac said.

APEX Geoscience will be responsible for completing the mapping and sampling during the summer months in Canada to delineate targets for follow-up drill testing.

The Lafarge project covers 261 square kilometres and is positioned 65 kilometres northeast of Patriot Battery Metals’ (PMT) CV5 lithium discovery.

PR1 highlighted that its Laforge lithium project represents a “greenfields opportunity” to discover a significant lithium deposit in a Tier-1 jurisdiction.

PR1 shares were trading 23.5 cents at 10:45 am AEST.

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