Jackpot Project |
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Jackpot |
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Country |
Canada
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Province |
Ontario |
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Close to |
Thunder bay |
Status |
PAST PRODUCER
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Number of claims |
4 |
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Legends
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Risk and valuation analysis of the Jackpot Project |
Status Risk : Past Producer |
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Location of the Jackpot Project |
The Jackpot property consists of 4 claim units situated approximately 150 kilometers northeast of Thunder Bay, Ontario. The claims sit near the southwest corner of Georgia Lake, about 12 kilometers east of the Trans Canada Highway (Route 11).
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History of the Jackpot Project |
The area has an exploration history dating back to the mid 1950’s when a number of discoveries were made in Georgia Lake area. The Jackpot property contains two significant discoveries (among the largest in the region), namely the No.1 and No.2 depo more...
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Geology of the Jackpot Project |
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The property is host to the Jackpot No. 1 and No. 2 deposits of which the No. 2 deposit is reported to host 2 million tons of lithium rich pegmatite averaging 1.08% Li2O*. The No. 1 deposit lies at surface approximately 70 to 100 metres above the gently dipping No.2 deposit, and is reported to host 32,000 tons grading 1% Li2O (historical in nature and not 43-101 compliant).
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Data last updated on : 3/10/2010
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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