Helicopter-borne magnetic survey to begin shortly in parallel with remote data acquisition and analysis ahead of the first field program, planned for late May. HIGHLIGHTS
Initial exploration budget approved, and exploration programs initiated at the Corvette Far East Lithium Project, located along strike from the recent CV5 lithium discovery by Patriot Battery Metals Inc. (ASX: PMT).
Mobilisation underway for a helicopter-assisted detailed Airborne Magnetic Survey designed to assist in mapping pegmatites across the Project.
Detailed satellite data acquisition and analysis, focusing on the identification of lithium-bearing pegmatites, also set to commence in the coming weeks.
First helicopter-assisted field program planned for late May, which will include the Company’s maiden rock sampling program at the Project.
Approved work programs designed to identify lithium-bearing pegmatites on the ground ahead of planned drill testing in the second half of 2023.
Cosmos Exploration Executive Chairman, Jeremy Robinson, said: “We are very excited to hit the ground running with a series of exploration activities initiated at the recently acquired Corvette Far East Lithium Project.
This marks the beginning of a systematic ramp-up in exploration activity in Canada, and we are looking forward to refining our search space using remote sensing techniques before getting on the ground in May for the first time via a helicopter-assisted sampling program. This will help us to finalise drill target locations for later in the year.
It’s great to be exploring in the heart of one of the world’s most exciting and fastest growing lithium provinces, and we are looking forward to delivering results as quickly as possible for our shareholders.”