Route du Nord

SLAM Acquires Peninsula Critical Minerals Lithium-Tantalum Project in Proven Lithium Camp in Québec From WhiteRock

Retrieved on: 
Wednesday, November 22, 2023

Proven Lithium District: The Peninsula project comprises 302 claim units covering 4,700 hectares in 4 claim groups located 10 to 30 kilometres northeast of the 60 million tonne Rose lithium-tantalum deposit and mine project operated by Critical Elements Lithium Corp. (“CRE”).

Key Points: 
  • Proven Lithium District: The Peninsula project comprises 302 claim units covering 4,700 hectares in 4 claim groups located 10 to 30 kilometres northeast of the 60 million tonne Rose lithium-tantalum deposit and mine project operated by Critical Elements Lithium Corp. (“CRE”).
  • Lithium Potential of the Area:
    The Peninsula lithium project located northeast of the Rose lithium tantalum project as shown on Image 1 and is underlain by volcano-sedimentary and intrusive rock formations similar to those occurring on the Rose project.
  • These formations could host pegmatites similar to the northeast-trending lithium pegmatite bodies that outcrop on the Rose project.
  • CRE recently announced several new lithium discoveries and identified 4 new spodumene-bearing pegmatite outcrops in their “New Discovery Area” on the Rose project.

Discovery Lithium Commences Field Exploration in James Bay Region

Retrieved on: 
Tuesday, November 7, 2023

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce it has commenced a field exploration program at its Route Du Nord project in the prolific lithium district of the James Bay region of Quebec.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce it has commenced a field exploration program at its Route Du Nord project in the prolific lithium district of the James Bay region of Quebec.
  • The Valiquette Pluton lies within Discovery’s James Bay claim area.
  • “An exploration crew provided by GroundTruth Exploration is currently sampling and prospecting for lithium and will be on-site for approximately ten days,” advises Michael Gheyle, President, and CEO of Discovery Lithium.
  • “This comprehensive first pass of exploration on a project never previously explored for lithium will serve to identify prospective areas and targets for potential follow-up exploration.

Discovery Lithium Provides Project Overview

Retrieved on: 
Thursday, October 12, 2023

VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (the “Company” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide a summary of recent project acquisitions in Quebec’s booming lithium sector.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (the “Company” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide a summary of recent project acquisitions in Quebec’s booming lithium sector.
  • Company President & CEO Michael Gheyle advises, “2023 has been an eventful year for Discovery Lithium as we progress and build out our footprint as lithium explorers in Quebec.
  • Over the summer, Discovery Lithium engaged Ground Truth Exploration to deploy experienced research teams onto the Nunavik properties for an extensive mapping and sampling campaign.
  • These estimates should not be relied upon for assessing the merits of the Discovery Lithium properties.

Discovery Lithium Closes on James Bay & Eastern Quebec Pegmatite Exploration Claim Acquisitions

Retrieved on: 
Tuesday, October 3, 2023

The fault acted as a pathway for LCT pegmatite melt at the Whabouchi project and may host other LCT pegmatites along strike.

Key Points: 
  • The fault acted as a pathway for LCT pegmatite melt at the Whabouchi project and may host other LCT pegmatites along strike.
  • Lithium in lake sediments on the claims is up to 15 times enriched with respect to the immediate surroundings.
  • Company President & CEO Michael Gheyle states, “Today we celebrate another milestone as we build our lithium exploration land position across Quebec.
  • Our exploration and investment opportunities have grown considerably as we execute our district-scale approach to discovery in the explosive domestic lithium sector.

Troilus Outlines Plans for Its 2023 Summer Regional Exploration Program, Following Positive Developments in 2022; Robust Financial Position of ~$30m for Continued Project Development

Retrieved on: 
Wednesday, May 31, 2023

While the Company’s focus remains on the advancement and development of the formerly producing Troilus gold-copper project towards a mine restart, several prospective regional targets have been advanced to drill-ready status.

Key Points: 
  • While the Company’s focus remains on the advancement and development of the formerly producing Troilus gold-copper project towards a mine restart, several prospective regional targets have been advanced to drill-ready status.
  • The geological understanding of our property continues to improve, evidenced by the expansion of mineralization at existing prospective targets and new regional discoveries.
  • Previous work conducted at Testard returned some of the highest-grade gold occurrences in outcrop at Troilus, including 203 g/t gold.
  • Troilus plans to drill a more extensive program of approximately 3,000 metres at Testard during the 2023 field season.

Petrolympic Announces Acquisition of New Lithium Properties in James Bay Area, Québec

Retrieved on: 
Wednesday, February 15, 2023

This new project is located in a proven lithium mining province which hosts established, world-class lithium resources including the Whabouchi mine to the North and the North American Lithium project to the South.

Key Points: 
  • This new project is located in a proven lithium mining province which hosts established, world-class lithium resources including the Whabouchi mine to the North and the North American Lithium project to the South.
  • The Company is determined to build an extensive portfolio of mining properties focused on strategic minerals, particularly lithium.
  • Based on this assessment, the James Bay-Chibougamau region truly appears to be an emerging mineral province for lithium.
  • Petrolympic is among public companies aggressively and systematically conducting grassroots exploration for lithium in Canada using state-of-the-art exploration technology to identify high-potential targets.