Chubb Property

Overview

  • Metals of Interest: Lithium
  • Location: Abitibi-East County, Quebec
  • Surface area: 35 contiguous recorded mineral claims for a total area of 1,509 hectares or 15.1 square kilometers

Projects

The Chubb Lithium property is located 25 km north of the mining community of Val d’Or, Quebec. It is hosted within the La Corne Pegmatite Field, which is also host to North American Lithium’s deposit with reported proven and probable reserves of 17.06 Mt grading 0.94% Li2and measured and indicated resources of 33.24 Mt grading 1.19% Li2O. The Chubb Lithium property is also proximal to the Authier Lithium Deposit of Sayona Mining (ASX: SYA) which is estimated to contain measured and indicated resources of 17.18 Mt grading 1.01% Li2O and inferred resources of 3.76Mt grading 0.98% Li2O.

The Chubb Lithium property consists of 35 contiguous mineral claims for a total area of 1,509 hectares. There are three important pegmatite dykes containing spodumene mineralization (Main Dyke, Dyke #2, and Dyke #3).

Newfoundland Discovery drilled 3 holes for 306m in 2017 on the Property. Highlights included 1.33% Li2O over 5.3m in hole C-17-01.

Newfoundland Discovery completed 15 diamond drill holes totaling 2,283 metres which includes 1.48% Li2O over 12.7m and 1.16% Li2O over 9.8m at the Main Dyke as the best intersection. The best intersections were trending towards a swampy area of the project, 2021 Fall/Winter diamond drilling will seek to continue to expand on these results.

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