Nemaska 2 East Lithium Project
(Subject to TSX Venture Exchange final approval)
The 3,040-hectare Nemaska2 East Lithium Project is located adjacent to Li-Ft Power Lithium Project, Critical Elements Lithium and West of Nemaska Lithium (Whabouchi Project), located in northern Québec, approximately 160 km east of James Bay, just outside of Nemaska. Québec is a highly attractive investment destination for lithium production due to its supportive resource development sector, access to skilled labour and its proximity to the emerging European and North American electric vehicle markets. Canada also has free trade agreements with the United States and the European Union.
The Nemaska2 East Lithium Project hosts at least 20 white pegmatite outcrops, most over 900-1000 meters squared and consistent with that of the Nemaska, Li-FT Power and Critical Elements Lithium Projects. The Quebec government carried out a large sampling program over the property and the geological report points to these white pegmatites containing spodumene.
Further exploration of the property is recommended to identify additional pegmatite outcrops and spodumene occurrences.