15:30:52 EDT Sun 12 May 2024
Enter Symbol
or Name
USA
CA



Arya Resources Ltd
Symbol RBZ
Shares Issued 25,409,995
Close 2023-05-17 C$ 0.105
Market Cap C$ 2,668,049
Recent Sedar Documents

Arya Resources acquires 37,000 ha in Saskatchewan

2023-05-17 13:19 ET - News Release

Mr. Rasool Mohammad reports

ARYA RESOURCES LTD. (TSX-V: RBZ) ACQUIRED 37,000 HECTARES POTENTIAL LITHIUM BEARING PEGMATITE CLAIMS IN SASKATCHEWAN, CANADA

Arya Resources Ltd. has acquired 37,000 hectares of new potential lithium-bearing pegmatite claims in Saskatchewan, Canada.

Highlights:

  • 1968 geological mapping outlined an area of about 10-kilometre of pegmatite outcrops;
  • Pegmatites of up to 1,100 feet by 200 feet outcropping have been mapped in the area;
  • Some outcrops have very high uranium assays; in Australia, higher uranium concentration is associated with lithium in some pegmatites;
  • The new claims have the highest lithium value of 108 parts per million in till samples; Geological Survey of Canada (GSC) collected 305 till samples covering over 100,000 hectares;
  • The highest lithium sample of 108 parts per million also has associated cesium and tantalum anomalies; lithium accompanying cesium and tantalum indicates the spodumene presence;
  • Follow-up work includes mapping and sampling -- on positive results drilling.

In addition, the company has started planning exploration work on its Saskatchewan nickel, copper, cobalt and gold projects, including data compilation, followed by surface sampling, trenching, reverse circulation and/or diamond drilling program(s). The exploration programs will focus on lithium, nickel, copper, cobalt, gold and platinum group metals.

The company has received all the necessary permits for its planned exploration programs, including drilling.

This news release has been reviewed by J. Paul Sorbara, MSc, PGeo, an independent director of the company, who is acting as qualified person under the National Instrument 43-101 requirements.

About Arya Resources Ltd.

Arya Resources is a Tier 2 listed mining and mineral exploration company. The company is focused on acquiring, exploring and development of critical minerals as well as energy metal projects, including gold, uranium, lithium and rare earth elements, in stable jurisdictions.

© 2024 Canjex Publishing Ltd. All rights reserved.