Harfang Announces Lithium Discovery at Serpent-Radisson, Québec

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Harfang Exploration Inc.
Harfang Exploration Inc.

MONTREAL, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang” or the “Company”) (TSX.V: HAR) is pleased to announce another lithium discovery at its wholly-owned Serpent-Radisson Property (the “Property”) in Eeyou Istchee James Bay, Québec (Figure 1). The discovery of spodumene crystals in pegmatite dykes, named Milou, is located approximately 1.8 kilometres NE of the Améliane lithium showing (Figures 2 and 3).

Highlights

  • Results Suggest Potential for Stacked Pegmatite Dyke System: The Milou discovery suggests a possible series of southeast shallow-dipping and sub-parallel spodumene-bearing pegmatite dykes (a stacked system). Testing this hypothesis will require investigating the potential 400 metre to 500-metre-wide corridor (true thickness), increasing the likelihood of additional lithium discoveries on the property.

  • Milou Delivers High-Grade Lithium Samples up to 2.97% Li2O: Grab samples from the Milou discovery that were collected from numerous exposed pegmatite dykes returned assay results highlighted by 2.97% Li2O, 2.17% Li2O and 2.03% Li2O.

  • Early Results from Summer 2024 Exploration Program are Positive: The Company has received and processed the first batch of assay results from the summer 2024 exploration program in Eeyou Istchee James Bay program, which has confirmed the discovery of new lithium-bearing pegmatites.

“This is a significant development for our exploration efforts in the James Bay region,” commented Mr. Vincent Dubé-Bourgeois, Interim President and CEO. “The Milou discovery expands the mineralized system further north and provides additional insight into the potential stacking of spodumene-bearing pegmatite dykes. Our team is highly encouraged by these results, and we look forward to advancing our understanding of the region’s lithium potential.”

Potential for Hidden Lithium Mineralization in the Stacking Zone

The Milou discovery, located approximately 1.8 km to the NE of the Améliane showing, could represent the northern extension of a large lithium-pegmatite system. Field observations at Milou include a similar strike and dip to Améliane, which reinforce the evidence of the possible stacking of shallow-dipping and sub-parallel spodumene-bearing pegmatite dykes, as previously suggested by Harfang (see news release dated December 6, 2023).

The two pegmatite trend projections are approximately 1,000 metres apart on surface, indicating the presence of a zone measuring 400 metres to 500 metres wide (true thickness) that may host multiple spodumene-bearing dykes (Figures 4 and 5). The pegmatites observed and tested are highly fractionated and beryllium-rich – a favorable magmatic setting for mineralization.