Yves Beaumier

Medaro Mining Announces Exchange Acceptance to Acquire the James Bay Pontax Lithium Project

Retrieved on: 
Tuesday, May 30, 2023

Ltd. (the “Target”), a company holding a 100% interest in the mining claims comprising the James Bay Pontax Project (the “Project”) in Quebec, Canada (the “Acquisition”).

Key Points: 
  • Ltd. (the “Target”), a company holding a 100% interest in the mining claims comprising the James Bay Pontax Project (the “Project”) in Quebec, Canada (the “Acquisition”).
  • The Project is in a highly active prospective zone of James Bay Area, being situated 30 km south of Allkem Limited’s James Bay Lithium Project which has a published Mineral Reserve Estimate of 40.3Mt at 1.4% Li2O1.
  • About 1 km west of the Project lies Stria Lithium Inc.’s (“Stria”) Pontax Project, which hosts the Pontax Lithium Showing.
  • ALLKEM LIMITED – NI 43-101 Technical Report Feasibility Study, James Bay Lithium Project, Quebec, Canada, January 11, 2022, prepared by G. Mining Services Inc.
    2.

Medaro Mining Enters Into Agreement to Acquire James Bay Pontax Lithium Project

Retrieved on: 
Wednesday, May 17, 2023

Ltd. (the “Target”), a company holding a 100% interest in the mining claims comprising the James Bay Pontax Project (the “Project”) in Quebec, Canada (the “Acquisition”).

Key Points: 
  • Ltd. (the “Target”), a company holding a 100% interest in the mining claims comprising the James Bay Pontax Project (the “Project”) in Quebec, Canada (the “Acquisition”).
  • The Project is in a highly active prospective zone of James Bay Area, being situated 30 km south of Allkem Limited’s James Bay Lithium Project which has a published Mineral Reserve Estimate of 40.3Mt at 1.4% Li2O1.
  • About 1 km west of the Project lies Stria Lithium Inc.’s (“Stria”) Pontax Project, which hosts the Pontax Lithium Showing that was drilled in Winter 2022/2023.
  • ALLKEM LIMITED – NI 43-101 Technical Report Feasibility Study, James Bay Lithium Project, Quebec, Canada, January 11, 2022, prepared by G. Mining Services Inc.
    2.