Consolidated Abaddon Resources Inc. - Raleigh Lake Lithium Property, Ontario

Uranium Projects Uranium Exploration Overview Unconformity Uranium Properties Mann Lake & Huard-Kirsch Lakes Uranium Projects - Athabasca Basin,Saskatchewan World Uranium Demand Lithium and Rare Earth Elements Information About Lithium and Rare Earth Elements Gama Lake Lithium and Rare Earth Elements Property, Ontario Raleigh Lake Lithium and Rare Earth Elements Property, Ontario Selwyn Lake Rare Earth Elements Property, Ontario

Raleigh Lake Lithium and Rare Earth Elements Property, Ontario

The 560 acre Raleigh Lake Lithium and Rare Earth Elements (REE) property is located 22 kilometres west of the town of Ignace in the Raleigh Township of Kenora Mining Division, Province of Ontario.

The Raleigh Lake Lithium and REE property is ideally located 5 kilometres south of the Trans Canada Highway equidistant between the towns of Dryden and Ignace, Ontario. Accessibility to the property is also readily available with infrastructure and power nearby.

Raleigh Lake Lithium Property Location Map

Click to Enlarge

Raleigh Lake lithium bearing pegmatites have been known in the area since the 1960's. Provincial government mapping in the 1990's identified a 'Pegmatite Field' trending through the area. A modest drill program by Avalon Ventures Ltd. in 1999 and 2000 defined several stacked shallow dipping (20-30 degrees) tantalum-lithium bearing dikes in several drill holes. Thicknesses ranged from 1 to 8 metres and were shown to continue 450 metres down dip. Drill holes were relatively shallow and broadly spaced. The pegmatites appear very uniform at the spacing used and occur in volcanic rock flanking granitic intrusions. Only 4 to 5 shallow holes were drilled on the Raleigh Lake property. Historic data available in the Ontario Government geological files reflect certain intersections below.

Hole # RL 99-01 0.56% Li (lithium) over 3.2 metres
Hole # RL 99-04 1.00% Li over 4.1 metres
Hole # RL 99-05 1.50% Li over 6.9 metres

Raleigh Lake Lithium and Rare Earth Elements Property

Click to Enlarge

In the fall of 2009 a crew was mobilized to the Raleigh Lake Lithium and REE project. The initial exploration program consisted of compilation of previous data from the modest drill program that was completed in 1999, locating of drill collars in the field and the re-logging of existing core. A detailed mapping program of abundant lithium bearing pegmatite outcrops located on the Raleigh Lake property and a detailed magnetometer survey were completed across the entire property in November 2009. Structural interpretations from the magnetic data were used in the targeting of drill holes on the property.

Phase one drilling on the Raleigh Lake Lithium and REE zone was completed at the beginning of March 2010. This phase one drill program consisting of 7 holes totaling 1463 metres was carried out by Rodren Drilling of Winnipeg.

2010 Raleigh Lake Proposed Holes

Click to Enlarge

The phase one drill program was highly successful in confirming and expanding the known lithium and REE mineralization at the property. Pegmatite bodies were intercepted in all seven holes with several pegmatites of 10 to 11 metre thickness being found. The wall rocks to the pegmatites consist of a sequence of mafic volcanics and gabbroic intrusive bodies. These wall rocks are locally sheared, sericite altered and mineralized with pyrite, rhyolite and chalcopyrite. The majority of the intersected pegmatites bodies are rich in spodumene. The spodumene at Raleigh Lake is light green in color, has distinctive crystal habit and is easily identified in the drill core. Spodumene is a lithium bearing silicate mineral and is a common lithium ore mineral in pegmatite mines worldwide.

Raleigh Lake Hole #2 Core Picture

Click to Enlarge

The Company is very pleased with what the phase one drill program has shown. Assaying (SGS Laboratories) was done by completing a 55 element suite of minerals. Significant results from the initial drill program include 9.0 metres of 1.30% Li in hole RL10-2, 4.7 metres of 0.84% Li in hole RL10-1 including 2.2 metres of 1.10% Li and 1.0 metre of 1.33% Li, 5.5 metres of 0.77% Li in hole RL10-3, 9.6 metres of 0.48% Li in hole RL10-5, and 5.7 metres of 0.48% Li in hole RL10-6.

President Jim Pettit stated: "We are encouraged and very pleased with the results from our initial drill program as they have confirmed and expanded the known lithium and REE zone on the property. Combining these results with Avalon's earlier drill results gives us a much clearer understanding of the regional geology and the emplacement of rare earth elements. We look forward to the second phase work program."

A litho geochemical survey completed on the property by Consolidated Abaddon has indicated several areas where tantalum, lithium and cesium anomalies are present. These areas are in structural zones related to intrusive granites, some of which are the 'two mica' type. The structures were identified from the ground magnetic surveys and have not yet been drill tested. Further work will focus on these prospective areas. The Company will begin a phase two drill program shortly.

Figure 1: Raleigh Lake Geological Setting Map
With High Potential Exploration Targets

Click to Enlarge

The regional geology of the Raleigh Lake area is shown in Figure 1 above. The Raleigh Lake rare-element pegmatite group located immediately west of Raleigh Lake is for the most part confined to the mafic volcanic portion of the mafic-intermediate volcanic package situated between the Revell Batholith to the west and the Raleigh Lake pluton to the east.

The intrusion of the above batholith and pluton may have created a basin-like structure within the volcanic sequence situated between the two intrusions. The Raleigh Lake pluton appears to have pushed the volcanics upward resulting in a concentric pattern with the mafic volcanics closest to the pluton and the felsic volcanics farther out. The intrusion of the Revell Batholith also appears to have uplifted the volcanics resulting in mafic to intermediate volcanic sequencing parallel to the batholith contact with the mafic volcanics closest to the intrusive contact.

The known pegmatite group is situated within what appears to be a broad deformation zone that trends in a northerly direction parallel to and immediately east of the Revell Batholith and between the batholith and the Raleigh Lake pluton. It appears the Raleigh Lake pluton may have intruded into this deformation zone resulting in a divergence of the zone around the pluton.

The multi-directional foliations shown on the geology map by Stone et al (1999) indicate a possible domal structure within the mafic volcanics adjacent to the 2-mica granite (Area 2 on Figure 1). The cause of this feature is unknown, but an intrusion at depth should not be discounted. Such a structure is considered favourable for the emplacement of pegmatites.

The gabbro host is viewed as a positive indicator for pegmatite potential in the area. A number of the large commercial pegmatites throughout the world are hosted within metagabbro or amphibolites ± quartz schists. The reason for this association is unknown.

On a regional scale, the potential for a basin like structure resulting from the intrusion of the Raleigh Lake pluton and the Revell Batholith presents a favourable structural environment for the emplacement of shallow to flat-laying pegmatites. Furthermore, the presence of the 2-mica granite to the immediate south and adjacent to a large deformation zone represents both a possible source for the pegmatitic fluids and a conduit system to transport pegmatitic fluids.

A possible domal structure, a favourable emplacement structure for pegmatites, may exist within the mafic volcanics adjacent to the 2-mica granite (Area 3 on Figure 1).