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Superior Projects
Targa’s Superior Projects consist of two separate Mineral Exploration Licenses (MEL) totalling 17,822ha, both of which cover historic lithium occurrences in the province of Manitoba. The licenses were acquired from Kenorland Minerals in December 2022 as part of an asset purchase agreement that included the Opinaca project. Kenorland retains a 3% royalty on the Superior Projects. In 2023, Targa completed aerial LiDAR and orthophotography surveys of both license areas in preparation for future field work programs to explore for lithium pegmatite deposits.
RED CROSS LAKE MEL
- The Red Cross Lake MEL is located 70km NE of the community of God’s Lake and the Godslith lithium deposit owned by Vision Lithium with a historic resource of 9.4Mt @ 1.21%Li2O.
- The Project surrounds a small claim (independently owned) at the east end of the lake with an outcropping pegmatite dyke swarm, first noted in 1962, with 17 parallel dykes in a 50m-wide corridor. This swarm was drilled by Tanco in 1981 and traced over a strike length of 500m and is open to the east/west. Five samples taken from the dyke swarm in 1979 averaged 1.25% Li2O with the primary lithium minerals being lepidolite and amblygonite.
- Grab samples from a spodumene-bearing dyke near the west end of the lake graded 2.97% Li2O.
- The project straddles a major regional fault and remains prospective for additional lithium pegmatite occurrences between and along strike from the historic occurrences, separated by roughly 10km.
RED SUCKER LAKE
- The Red Sucker Lake project is located on the shore of the Red Sucker Lake where the local community has winter road access, an airstrip, and power transmission line.
- Two styles of lithium mineralization have been historically identified across a 5km-long area, demonstrating a significant lithium-enriched system:
- Pegmatite dykes with spodumene, lithium-rich micas, beryl, and cassiterite identified.
- Petalite-bearing pegmatitic leucogranites.
- Historic whole-rock samples from the petalite leucogranites contain values up to 6880ppm Li (1.49% Li2O) and 213ppm Ta.
- Previous exploration was limited to bedrock exposure along the shoreline of Red Sucker Lake. Targa believes there is potential for additional lithium pegmatite discovery inland from the shorelines.
