Acquisition Of Little Granite Mine In Winston Group of Properties
VANCOUVER - Foremost Lithium Resource & Technology Ltd. has entered into an amended property acquisition agreement pursuant to which it has acquired the Little Granite Claims in the Winston Group of Properties Gold/Silver Project. The Winston Gold and Silver Project is home to three historic producing mines: Ivanhoe, Emporia, and Little Granite located in Sierra County, New Mexico. The project covers a 2780-acre property consisting of 139 unpatented BLM (Bureau of Land Management) mining claims and 2 patented Ivanhoe and Emporia lode mining claims. The Little Granite Mine has been worked during several periods since discovery in the 1870s; workings consist of 3 shafts, a 470ft decline, and several underground levels. The historic mines are hosted by north-south orientated vein systems which display characteristics typical of low sulphidation epithermal style mineralization, carrying grades in gold and silver.