{"id":8126,"date":"2024-04-09T03:16:30","date_gmt":"2024-04-09T03:16:30","guid":{"rendered":"https:\/\/economicherald.net\/?p=8126"},"modified":"2024-04-09T03:16:30","modified_gmt":"2024-04-09T03:16:30","slug":"forget-eurosummer-trinex-metals-is-in-for-a-big-canadian-summer-lithium-hunt-as-the-ice-begins-to-melt","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=8126","title":{"rendered":"Forget EuroSummer, Trinex Metals is in for a big Canadian summer lithium hunt as the ice begins to melt"},"content":{"rendered":"

Lithium-hunting junior Trinex is gearing up for a big summer of field work
\nPrimary focus lies on its Northwest Territories projects in Canada\u2026
\nThe Halo-Yuri lithium project is of particular interest<\/p>\n

\u00a0<\/p>\n

Special Report: <\/em>Junior lithium player Trinex Metals is determined to prove Canada\u2019s Northwest Territories is the country\u2019s next lithium hotspot with the northern hemisphere summer to ring the bell on its exploration drive.<\/strong><\/p>\n

Trinex Metals (ASX:TX3)<\/strong><\/a> \u2013 formerly known as Todd River Resources \u2013 is preparing to step up its lithium hunt bigtime in Canada during the summer months.<\/p>\n

Not in the crowded lithium land of James Bay, Quebec (where many ASX spelunkers are finding themselves these days), but several thousand kilometres north and west.<\/p>\n

Here in the NWT, Trinex holds a large exploration footprint, with three projects collectively spanning ~500km2.<\/p>\n

South-east of that, the company also has some uranium interest thanks to an earn-in agreement on the Gibbons Creek Uranium Project in the Athabasca Basin.<\/p>\n

But we\u2019re staying on lithium here, because there\u2019s a\u2026<\/p>\n

\u00a0<\/p>\n

Big NWT summer ahead for Trinex<\/strong><\/h2>\n

As noted, the company has three 100%-owned operations on the go in the Northwest Territories.<\/p>\n

At its Halo-Yuri lithium project, it\u2019s been fast-tracking planned on-ground exploration to determine the prospectivity of its tantalising pegmatite systems.<\/p>\n

Fresh satellite imagery has revealed \u201chundreds of pegmatite targets\u201d, notes Trinex, which also believes there is significantly more on offer from what\u2019s currently obscured by glacial till and moss.<\/p>\n

Once ice completely melts from the main lakes around the project, Halo-Yuri will become Trinex\u2019s priority with a block of concentrated field work.<\/p>\n

While waiting for that to happen, summer field work will be focused on the MAC lithium project\u2019s large LCT pegmatite swarm to the south of the site.<\/p>\n

\u00a0<\/p>\n

The Halo-Yuri lithium project (north) with highlighted target areas for the 2024 summer exploration program. Pic via TX3<\/p>\n

\u00a0<\/p>\n

Then there\u2019s the Ross Lake lithium project, where, prior to drilling, some further archaeology work is required to follow up initial research.<\/p>\n

\u00a0<\/p>\n

Trinex\u2019s projects in the Northwest Territories, including Ross Lake. Pic via TX3<\/p>\n

\u00a0<\/p>\n

Building the picture<\/strong><\/h2>\n

Trinex has been working hard during the winter to get everything in frame for its summer operations.<\/p>\n

And that includes, it says, engagement with local First Nations entities along with the aforementioned archaeological work and campaign planning.<\/p>\n

\u201cOur team has spent the northern winter months in desktop mode, and we are eager to get on the ground to get into the next phase,\u201d Trinex managing director Will Dix says.<\/p>\n

\u201cThe progress we have made to get Ross Lake ready for drilling is particularly pleasing, and the team will prioritise finalising the on-ground risk assessment to enable this drill program to commence.<\/p>\n

\u201cWe have only just started to build the picture of the potential of these projects, and we are encouraged by everything we have seen in the initial exploration program.\u201d<\/p>\n

Dix also noted the company is \u201cfully funded\u201d for summer exploration activities.<\/p>\n

Barry FitzGerald\u2019s Explorers Podcast recently welcomed Dix on the show to talk about Trinex\u2019s projects, upcoming work programs and more. Click here to listen<\/a>.<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with Trinex Minerals a Stockhead advertiser at the time of publishing. <\/em><\/p>\n

\u00a0<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Forget EuroSummer, Trinex Metals is in for a big Canadian summer lithium hunt as the ice begins to melt<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Lithium-hunting junior Trinex is gearing up for a big summer of field work Primary focus lies on its Northwest Territories projects in Canada\u2026 The Halo-Yuri [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":8127,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nForget EuroSummer, Trinex Metals is in for a big Canadian summer lithium hunt as the ice begins to melt - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=8126\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forget EuroSummer, Trinex Metals is in for a big Canadian summer lithium hunt as the ice begins to melt - 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