Separation rapids project

Lithium/Tantalum

The 432-hectare Separation Rapids Specialty Minerals Project is located 58 km north of Kenora, Ontario in the highly prospective English River greenstone belt, which hosts lithium, tantalum and cesium mineralization. The Property is situated immediately adjacent to the east of Avalon Ventures Ltd.’s Big Whopper property, one of the largest rare metal pegmatite deposits in the world.

In the summer of 2007, Gossan conducted a field program at the Property comprised of line cutting and an Enzyme Leach geochemical survey to follow-up on a promising multi-element geochemical soil anomaly that was identified in 2004. The 2007 geochemical survey identified anomalous zones and a follow-up field program was conducted in the fall of 2008.
During July 2009, the Company undertook a 3-man field program at the property that included prospecting, line cutting, local geological mapping of newly-found outcrops, and the collection of approximately 150 soil samples, 37 grab samples and 11 channel samples. Results are pending.

The demand for lithium is growing strongly due to its use in battery-powered vehicles and other electrical storage devices. The demand for tantalum, the high-tech metal, is growing steadily for use in the manufacture of capacitors that regulate the flow of electricity in cellular phones, pagers, computers and other electrical appliances. Other applications range from artificial hips to super-alloys for the aeronautics industry to corrosion resistant equipment for the chemical and pharmaceutical sectors.