Musk Metals Completes Airborne Survey at Its 100% Owned Allison Lake East Lithium Claims
FOR IMMEDIATE RELEASE
MUSK METALS COMPLETES AIRBORNE SURVEY AT ITS 100% OWNED ALLISON LAKE EAST
LITHIUM CLAIMS
JUNE 27th, 2022, VANCOUVER, BC – Musk Metals Corp. (“Musk Metals”) (“Musk” or the “Company”)
(CSE: MUSK) (OTC: EMSKF) (FSE: 1I30) is pleased to announce it has successfully completed a high-resolution
heliborne magnetic survey on its 100% owned Allison Lake East Lithium claims, conducted by Prospectair
Geosurveys Inc. (“Prospectair”). These highly prospective claims are located in northwestern Ontario and situated
within the recently mapped Allison Lake Batholith LCT Goldilocks zone that is a 5 km wide corridor containing
spodumene-bearing pegmatites, spessartine-bearing pegmatites, rare-metal earth occurrences.
Preliminary results show the TMI (Total Magnetic Intensity) signal is dominated by a strong regional gradient
increasing towards the north and east. Musk’s geological team will a nalyze the response at known occurrences of
pegmatite dykes and follow similar patterns further away to increases chances of additional discoveries. These
preliminary results will be used to establish a follow-up field work program with final interpretation of the airborne
data available in approximately four weeks.
Figure 1. Preliminary FVD and TMI images from Musk’s airborne survey results
Musk Metals is planning a two -phase exploration work program including an airborne survey, data compilation,
geological mapping, trenching and sampling in Phase 1, followed by diamond drilling and metallurgical testing in
Phase 2. The completed airborne survey is part of the Phase 1 exploration program and included traverse lines oriented
N015 to properly map the dominant magnetic/geological strike, and with a 50m line spacing. Control lines were
flown perpendicular to traverse lines and at a 500m line spacing with a total survey distance of 205 l-km. The closely
spaced flight lines and low flying high resolution magnetic survey completed by Musk will vector future exploration
efforts in these highly prospective areas.
Musk’s third lithium project, the Alli son Lake East claims span over 1,500 hectares in close proximity to multiple
mapped pegmatites , situated 45 km northwest of the McCombe Lithium Deposit with an unclassified and non -
compliant resource of 2.08 Mt averaging 1.3% Li 2O (MDI 52J13NE00004). The McCombe Lithium Deposit has
recently been optioned by Green Technology Metals (ASX:GT1) as part of their Root-Seymour lithium asset which
totals 12,022 hectares in the southeastern portion of the Allison Lake Batholith. Green Metals Technology has also
acquired 6,968 additional hectares in their Allison Lithium Project asset which lies contiguous to Musk’s land
package.
Musk Metals CEO and Director, Nader Vatanchi states, "We are greatly encouraged with these preliminary results
from the Allison Lake East airborne survey and anticipate the final interpretation of the data shortly. Musk is actively
moving exploration forward on all three of our highly prospective, Canadian lithium and battery metals projects and
will utilize the interpretation of this airborne data to plan an upcoming work program and establish high priority
pegmatite targets for lithium sampling.”
Figure21. Musk Metals Allison Lake East lithium property within the Allison Lake batholith.
About Musk’s Allison Lake East Property
The 2003 Ontario Geological Survey (“Breaks”) report described the Allison Lake batholith as the largest known
peraluminous granitic body in northwestern Ontario. Breaks concluded that, “the Allison Lake batholith represents
an important new exploration t arget for rare -element mineralization and is the largest such granite thus far
documented in Ontario. This area has high potential for further discoveries of rare-element mineralization that occur
in exocontact, metasedimentary-hosted pegmatites or as internal pegmatites within the parent granite”. The Root Bay
pluton which is host to the McCombe lithium deposit of 2.08 Mt @ 1.3% Li 2O (OGS OFR 6160) and is also an S -
type peraluminous granite which appears genetically linked to the Allison Lake batholith (Br eaks et al., 2003, OFR
6099).
Recent fieldwork by GT1 prospectors has outlined what is termed the LCT Goldilocks Fractionation Zone (LCT
GFZ)(LCT=lithium-cesium-tantalum). The LCT GFZ represents a 5 km wide corridor that contains spodumene-
bearing pegmatites, spessartine -bearing pegmatites, rare -metal earth occurrences and fractionation mineral
occurrences (Figure 2). This supports the evidence that the outer edge of the Allison Lake Batholith contains a high
degree of fractionation and provides the best potential for the discovery of additional lithium and rare metal bearing
pegmatites (Strategic Lithium Footprint Substantially Expanded (iguana2.com) . The Allison Lak e East Property is
well positioned within the LCT GFZ corridor (Figure 1).
Musk’s Allison Lake East claim block consists of four contiguous mining claims (75 cell units) covering
approximately 1,520 hectares and is easily accessible via logging roads from the community of Ear Falls.
Qualified Person
The technical content of this news release has been reviewed and approved by Mike Kilbourne, P. Geo., who is an
independent Qualified Person (QP) as defined in National Instrument 43 -101, Standards of Disclosure for Mineral
Projects.
The QP and the Compa ny has not completed sufficient work to verify the historic information on the Allison Lake
East Property, particularly regarding historical exploration, neighboring companies, and government geological
work.
About Musk Metals Corp.
Musk Metals is a publicly traded exploration company focused on the development of highly prospective, discovery-
stage mineral properties located in some of Canada’s top mining jurisdictions. The current portfolio of mineral
properties exhibits favorable geological characteristics in underexplored areas within the prolific “Electric Avenue”
pegmatite field of northwestern Ontario, the “Abitibi Lithium Camp” of southwestern Quebec, the “Golden Triangle”
district of British Columbia, the Mineral Rich “Red Lake” mining camp of Northwestern Ontario and the “Chapais-
Chibougamau” mining camp, the second largest mining camp in Quebec, Canada.
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http://www.muskmetals.ca/
ON BEHALF OF THE BOARD
___Nader Vatanchi___
CEO & Director
For more information on Musk Metals, please contact:
Phone: 604-717-6605
Corporate e-mail: [email protected]
Website: www.muskmetals.ca
Corporate Address: 2905 – 700 West Georgia Street, Vancouver, BC, V7Y 1C6
FORWARD-LOOKING STATEMENTS
This news release contains forward -looking statements. All statements, other than statements of historical fact that
address activities, events, or developments that the Company believes, expects or anticipates will or may occur in the
future are forward-looking statements. Forward-looking statements in this news release include, but are not limited
to, statements regarding the intended use of proceeds of the Offering and other matters regarding the business plans
of the Company. The forward-looking statements reflect management’s current expectations based on information
currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially
from those discussed in the forward -looking statements including that the Company may use the proceeds of the
Offering for purposes other than those disclosed in this news release; adverse market conditions; and other factors
beyond the control of the Company. Although the Company believes tha t the assumptions inherent in the forward -
looking statements are reasonable, forward -looking statements are not guarantees of future performance and,
accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could
cause actual results or events to differ materially from current expectations include general market conditions and
other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of new information, future events or otherwise,
except as required by applicable law.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the
contents or accuracy of this press release.