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Fury Announces Metallurgical Test Results for the Ninaaskumuwin Lithium Discovery with Potential Direct Shipping Ore Concentrate of 6.0% Li2O5 and 77% Recovery

  • Fury Gold Mines Limited announced final metallurgical test results for its Ninaaskumuwin lithium discovery on the Elmer East project in Northern Quebec.
  • Analysis of 85 samples revealed spodumene content up to 42% with Li₂O grades ranging from 0.02% to 3.71% and Fe₂O₃ grades from 0.36% to 6.30%.
  • The pegmatite contains only spodumene as a lithiferous mineral, indicating low impurities and potential for producing battery-grade lithium carbonate & hydroxide.
  • Testing demonstrated feasibility for a Direct Shipping Ore concentrate grading 6.024% Li₂O with 76.66% lithium recovery using a single Dense Media Separation step.
  • The discovery is located on a 100% owned 45,700-hectare project accessible via the Billy Diamond highway, approximately 60 km north of the km 381 rest stop.
  • Financial assistance for the test work was provided by the Quebec Ministry of Natural Resources & Forests under the Mineral Exploration Support Program for Critical & Strategic Minerals.
  • Metallurgical testing was conducted by IGS Impact Global Solutions Inc. using ISO-17025-compliant procedures on drill core samples.
  • The Ninaaskumuwin discovery sits approximately 50 km north of Rio Tinto's Galaxy Lithium project in the Eeyou Istchee James Bay Territory.