Hidden Lake Lithium Project
Yellowknife, NWT, Canada
Project Overview
The 100% owned Hidden Lake Lithium Project is strategically located 65 km from the mining city of Yellowknife, NWT, which has a proud history of mining, with a well-established workforce supporting numerous active regional mines.
The Hidden Lake Lithium Project is positioned between LIFT Power (TSXV:LIFT), which has a regional Mineral Resource Estimate of 50.4 Mt @ 1.0% Li2O, and an all-weather highway.
3.25km of mineralised pegmatites at surface have been identified to date, occurring within two major mineralised clusters, MAX & HUE.
Loyal Lithium’s Managing Director, Mr. Adam Ritchie, commented:
“The recently consolidation of the Hidden Lake Lithium Project enables us to actively explore emerging opportunities for innovative solutions in Canadian critical mineral mines. The Hidden Lake Lithium Project, located along a highway, features unique geology and mineralogy that could deliver meaningful economic and social benefits to the region.”
Project Insights
Geophysical Trends That Align With Drilling
Three distinct high-resistivity metasediment (META) hosted trends, validated by the correlation of known outcropping lithium (spodumene-bearing) pegmatite dykes and 41 completed drillholes, have been identified by Mobile Magnetotellurics (Mobile MTm).
Three of the eight spodumene bearing dykes have been drill tested (Dyke #01, Dyke #04, and Dyke #05) confirming world class lithium grades over thick intervals and mineralisation at each dyke from near surface, including:
- Dyke #01 drill core assay results include 40.0m at 1.2% Li2O from 15.0m
- Dyke #04 drill core assay results include 32.8m of 1.2% Li2O from 27.6m and 31.1m of 1.5% Li2O from 21.4m
- Dyke #05 drill core assay results include 31.8m of 2.2% Li2O and 499ppm Ta2O5 from 2.9m and 28.6m of 1.7% Li2O and 1,050ppm Ta2O5 from 6.5m
The eight lithium pegmatite dykes mostly occur within metasediments between the Trieste Greenstone Belt and the Tilly granite in metasediments, with Dyke #07 occurring within the Trieste greenstone.
