Refined Metals Corp Announces 2023 Simard Exploration Program
VANCOUVER, British Columbia, Jan. 30, 2023 (GLOBE NEWSWIRE) — Refined Metals Corp. (CSE: RMC) (OTC: RFMCF) (FRA: CWA0) (the “Company” or “Refined”) is pleased to announce that it is planning a 2023 exploration program (“Program”) on its 100% Lac Simard lithium property . The Lac Simard property covers 5,571 hectares of land in western Quebec and is 85 km from the city of Val d’Or. The program is being conducted to verify previously reported areas of mineralization and to explore pegmatites and other areas of interest. The Company intends to use the data collected from this program to plan further exploration work later in 2023.
Figure 1 – Simard property location
The program will consist of soil sampling from known pegmatites, prospecting and trenching, and soil geophysics. The known pegmatites have been documented on various islands around Simard Lake, on the lake shores and in the southeast portion of the property. The southeastern portion of the property presents geology favorable for the discovery of lithium pegmatites, which will be further explored during prospecting and trenching. A previous geophysical survey completed in 2022 identified strong magnetic targets. The survey will be further expanded to identify additional target areas.
Figure 2 – Prospect Simard Property 2023
Aman Parmar, Refined’s Chief Executive Officer, commented, “We are very interested in commencing our first exploration campaign on this property, beginning in February. This program will allow the Company to collect valuable data that will serve as a solid foundation for an extensive drill program later this year. Leveraging historical results and results from neighboring properties will guide this and future programs to address areas of interest more effectively.”
About Refined Metals Corp.
Refined Metals Corp. is a junior mining company dedicated to identifying, evaluating and acquiring interests in mineral properties in North America. The Company’s business is currently focused on the exploration and development of the Rose Property, a prospective, exploration-stage silver-gold-copper-zinc property near Kamloops, British Columbia. The Company also has an option under the option agreement to acquire a prospective exploration-stage lithium property in the Lac Simard region of Quebec. The Company continues to evaluate other mineral properties in North America for possible future acquisitions.
For more information please contact:
Phone: (604) 398-3378
Email: [email protected]
Forward-Looking Statements
The CSE has neither approved nor disapproved the information contained herein.
Graphics accompanying this announcement are available at
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illustration 1
Location of the Simard property
figure 2
Prospect Simard Property 2023
Source: Refined Metals Corp.
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