ZURICH, SWITZERLAND / ACCESSWIRE / June 22, 2016 / Today, Stephan Bogner from Rockstone Research published an update on Cardiff Energy Corp. (TSX.V: CRS) as the company today announced the acquisition of the Eastmain River Lithium Project in Quebec, just 8 km north of the James Bay Lithium Project from Galaxy Resources Ltd.
The Eastmain River area is home to a 4 km zone of irregular cross-cutting dikes of spodumene pegmatites, up to 60 m wide and over 100 m long. As reported by Pelletier in 1977, a total of 277 samples (one third of the outcropping pegmatites) were taken in the Eastmain River area yielding an average historic grade of 1.7% Li2O (Galaxy's current indicated resource hosts 12 million t grading 1.3% Li2O).
No drilling has been done on Cardiff's property to date, despite extraordinary outcrop exposure in the area with pegmatites cross-cutting at surface. The pegamatites in the Eastmain River area are almost always spodumene bearing and enriched in light elements such as lithium, beryllium, sodium, and boron. Some crystals exceed one meter in length. Slow cooling crystallization of magmatic fluids is the cause for the megacrystic nature of the pegmatites, which makes this area one of the most prospective lithium grounds in all of Canada.
The full report can be accessed with the following links:
English (PDF):
http://rockstone-research.com/images/PDF/Cardiff9en.pdf
English (web version):
German (PDF):
http://rockstone-research.com/images/PDF/Cardiff9de.pdf
Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.
SOURCE: Rockstone Research