Coloured Ties Subsidiary Names CEO and Mobilizes Lithium Exploration Programs in James Bay
-- Quebec Pegmatite, a wholly owned subsidiary of Coloured Ties, plans spring and summer aerial and boots on the ground exploration campaigns in the prolific Mazerac and James Bay regions of Quebec.
- This expanded area, known as Mazérac, has recently attracted many lithium prospecting and exploration companies due to recent discoveries of several lithium bearing pegmatites in the region.
- The oldest include weathered rocks of sedimentary origin and a few of volcanic origin which are considered part of the Pontiac group.
- The Property encompasses lithium pegmatite prospective source rocks of the Vieux Comptoir Granitic Suite which have been identified on the Property.
- "The Eeyou Istchee James Bay region is experiencing heightened staking activity based on its abundance of lithium-bearing pegmatites including four deposits with defined resources.