The Perfect Target: Larder River
The following factors:
Logistics (100km from Halifax, year round access, off highway, proximal to port)
Previous work (existing core, soil grid anomaly, regional work)
Geology (stacked pegmatites, outcrops to surface, valuable by-products, straightforward metallurgy)
Supporting Environment (Processing research (Dalhousie/Tesla) partnership and a friendly regulatory environment and fiscal incentives including grant money, tax breaks, flow through, etc. are also important factors that favour the Larder River project.)
Similarities to Brazil Lake Larder River is in the same South Mountain Batholith of extruded igneous rock that contains Brazil Lake (Larder is in the center of this batholith and Brazil Lake is at the south end); Larder River has, at surface, extrusion of light colour granite rock just like Brazil Lake. These granites host pegmatite dikes which contain high grades of Lithium, Tantalum and Rubidium; Brazil Lake pegmatite boulder sampling in 2011, looking for new pegmatites to drill test showed results in the same range for Lithium as the anomalies seen in the soil sampling program at Larder River; Brazil Lake core drilling program of 28 holes in 2011 encountered LiO² as high as 7.7% in spodumene crystals with average grades of 1.08% (North Pegmatite Dike) and 1.39% (South Pegmatite Dike)
ALL MAKE LARDER RIVER UNIQUE AND IDEAL FOR RAPID, LOW COST VALUE CREATION.