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Linear Minerals Corp. reports developments as a Canadian junior mineral exploration company focused on mineral properties in Quebec. Company updates center on exploration programs at the Lac Marion uranium and rare earth element property, including prospecting, geological mapping, radiometric surveys, rock sampling, work permits, trenching and diamond-drilling plans.
Recurring news also covers non-brokered private placements using flow-through shares, common-share units and warrants, as well as portfolio and corporate-structure changes. Linear completed a plan of arrangement that transferred the Pontax West Lithium Property to Westlinear Minerals Corp., while Linear remained a listed junior exploration company and reporting issuer in British Columbia, Alberta and Ontario.
Linear Minerals Corp (LINMF) has announced significant drilling results from its Augustus Lithium Property in Quebec, Canada. The company reported findings from two drill holes (LC24-91 and LC24-92) as part of its 2024 exploratory program.
Drill hole LC24-91 revealed three lithium zones with notable intersections:
- Upper: 19.6m wide at 75.95m depth, averaging 0.57% Li2O
- Middle: 12.45m wide at 102.85m depth, averaging 1.02% Li2O
- Lower: 4.55m wide at 115.30m depth, averaging 0.83% Li2O
Drill hole LC24-92 identified two lower-grade lithium zones:
- Upper: 6m wide at 134.8m depth, averaging 0.21% Li2O
- Lower: 25.10m wide at 146.40m depth, averaging 0.16% Li2O