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
What a difference between Quebec’s and Ontario’s attitudes to resource development!
“[Quebec] They see the plan as the government living up to its traditional role, which is to install infrastructure such a s roads, ports, power lines and airports.” – Drew Hasselback (Financial Post columnist):
There was a time, long ago, when Ontario did the same thing. However, the province’s sluggish approach to the infrastructure needs of the Ring of Fire is holding back the region’s enormous economic potential: