100% interest in the NMX East, a lithium property tied to Nemaska Lithium Inc.’s (TSX.V-NMX) Whabouchi property in Quebec with 23Mt Proven and Probable @ 1.53% Li
Comprised of 23 claims which cover 1,200 hectares and is located within a few kilometres of Nemaska’s proposed mining pit.
Nemaska Lithium is developing the world’s newest lithium mine in Quebec and has signed agreements with its key stakeholders, gained the required permits and was recently awarded both Federal Environmental Approval and the Province of Quebec Mine Approval
-- 1.19 grams per tonne (g/t) gold over 113 metres (or 1.15 g/t gold, cut
to 30 g/t) in SPDD-184 from 131 metres down-hole, including 9.05 g/t
gold over 7 metres (or 8.36 g/t gold, cut to 30 g/t);
-- 2.60 g/t gold over 64 metres (or 2.36 g/t gold, cut to 30 g/t) in SPDD-
188 from 96 metres down-hole, including 11.94 g/t gold over 10 metres
(or 10.46 g/t gold cut to 30 g/t);
-- 16.72 g/t gold over 4 metres (or 13.50 g/t gold, cut to 30 g/t) in SPDD-
192 from 49 metres down-hole;
-- Higher grade, shallow north plunging core of Pokukrom East zone now
recognized from section 49350 to 49900 with an open plunge of 600 metres
from near surface in SPDD-088 (7.01 g/t gold over 19 metres) to 210
metres depth in SPDD-184.