Three 100% owned properties in two of Quebec’s highly sought after lithium regions as well as within the Eastern Brazilian Pegmatite Province in Brazil
SIGNIFICANCE OF QUEBEC
The Province of Quebec is recognized as one of the best mining friendly jurisdictions in the world and contains some of the largest hard rock deposits. The key advantages of the James Bay region are the quality of its infrastructure (major road access, hydro-electric power grid, airports), the supportive relationship with the Cree First Nation, the excellent geoscientific database, a favorable Archean geological setting with already known lithium deposits, and an early exploration stage.
The government’s goal is for Québec to become a leader in the production, transformation and recycling of critical and strategic minerals (CSMs), also called minerals for the future, in partnership with local and Indigenous communities. In further support of this goal, Quebec’s government allows for Super-flow-through investment allowing companies such as Quebec Pegmatite Corp. to raise funds for exploration at a 100% premium to its share price. This opportunity provides necessary capital while reducing dilution to current shareholders.
The province is host to prolific hard rock lithium endowments with numerous spoduemene showings with defined resources in four deposits such as Whabouchi (Nemaska Lithium), Rose (Critical Element), Cyr (Alkem) and Moblan (Sayona)), as well as more recent discoveries such as Corvette (Patriot Battery Metals).
JAMES BAY REGION
The key advantages of the James Bay region are the quality of its infrastructure (major road access, hydro-electric power grid, airports), the supportive relationship with the Cree First Nation, the excellent geoscientific database, a favorable Archean geological setting with already known lithium deposits, and an early exploration stage.
Patriot Battery Metals currently has a market cap of CAD $1.05 billion
Patriot Battery Metals’ (PMET) 21,400 hectare Corvette property points decisively to a large lithium discovery. In looking at drill results from other hard rock Li projects, PMET stands out on BOTH interval widths AND Li oxide (Li20) grades PMET announced its best drill intercept ever;
109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 inferred, (0.40% Li2O cut-off grade)
Rock chip assay results through surface mapping from recent Jamar Discovery at Adina confirm lithium mineralisation is much larger than previously thought
Multiple exceptional results up to 4.89% Li2O including:
- Sample C00279921 – 3.38% Li2O
- Sample C0027992 – 4.89%Li2O
- Sample C00279942 – 4.61%Li2O
- Sample C00279945 – 3.87% Li2O
- Sample C00279946 – 3.66% Li2O
Winsome currently has a market cap of AUD $236.57 million
Rio Tinto Exploration Canada has a market cap of $165 billion and signed an agreement with Midland Exploration on June 14, 2023, announcing their plans to spend $65 million on 10 properties over the next 5 years.”
Tier One Mining Jurisdiction
JAMES BAY PROPERTY