Great Thunder Initiates Drilling Program on Chubb Lithium Project
Vancouver, British Columbia (FSCwire) - Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce the commencement of a 300-metre drilling program at its 100%-owned Chubb Lithium Project. Mobilization will occur shortly and it is expected that drilling should be completed within one week following arrival of the drilling team.
Great Thunder’s drilling program has two primary interests. First, management wants to verify the pegmatite field at a depth of 40 metres. Second, it is necessary to further investigate two induced polarization anomalies discovered in 2009 by way of an airborne magnetic survey undertaken by Natural Resources Canada.
Historical drilling of the spodumene (Li) bearing pegmatites field at Chubb totalled 1,235 metres over 15 holes. Of these, four holes were drilled in 1994 by Wrightbar Mines, which identified several lithium-bearing intersections. Highlights of these four drill holes include 1.68% Li2O over 3.7 metres from hole L-94-1, and 1.25% Li2O over 2.4 metres, 1% Li2O over 2.74 metres and 1.05% Li2O over 1.46 metres from hole L-94-3. Other historical holes did not record sampling or assaying.
Company President, Kevin Whelan, stated, “We are very encouraged with the prospects of our Chubb Project. We are located within 15 kilometers of the North American Lithium Inc. project, a project which is at the commissioning stage for an open pit lithium carbonate mine and processing facility. NAL and Chubb are both situated in the Abitibi Greenstone Belt.”
Chubb consists of 35 contiguous mineral claims covering 1,500 hectares, and is located approximately 32 kilometres north of Val d’Or, Quebec. It is situated within the Preissac-Lacorne plutonic complex of the Abitibi greenstone belt, a complex forming one of the best prospective areas for lithium mineralization.
The technical contents of this release were approved by Donald Théberge, P.Eng., MBA, an independent Qualified Person as defined by National Instrument 43-101.
About Great Thunder Gold Corp.
Great Thunder Gold Corp. is a mineral exploration and development company based in Vancouver, British Columbia, Canada. Our Company mandate is to acquire high quality exploration assets with a specific focus on gold and lithium. We intend to build NI 43-101 compliant resource determinations for each of our gold and lithium projects in order to demonstrate their long-term economic viability. In the case of our lithium projects, we are determined to define the mineralogical and metallurgical characteristics for efficient recovery of this coveted metal, to further the Company’s plan to become an integral part of the rechargeable battery storage technology supply chain. Great Thunder is managed by an experienced team of mining professionals with extensive operating and financial experience.
ON BEHALF OF THE BOARD
Signed “Kevin C. Whelan”
Kevin C. Whelan, President
Direct line: (250) 474-6640
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/GreatThunder09282017.pdf
Source: Great Thunder Gold Corp. (TSX Venture:GTG)
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