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
Maybe it has to do with the fact the news has not been good. CIGA spin aside, Kibo = bad news, Kigosi results were weak, still no license for Kigosi, and no financing for Buckreef. Listen carefully CIGAs. JS uses precise language for a reason, don't misinterpret and read more into what he says.