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Brascan Gold (CSE:BRAS) acquires Québec lithium  properties

Mining, Socials, The Watchlist
CSE:BRAS
07 February 2023 12:15 (EDT)

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Brascan Gold (BRAS) has acquired 30 sq. km. of new claims prospective for lithium in the James Bay region of northern Québec.

Located in the Cree First Nation Eeyou Istchee James Bay, Brascan purchased a 100 per cent interest in the Québec -Li properties with no back-in rights or royalties.

Source: Brascan Gold Inc.

The region hosts existing lithium deposits, and the claims cover Archean to Neoarchean metamorphic rocks derived from sediments and volcanics, as well as mapped granitic pegmatite.

Balbir Johal, CEO of Brascan, spoke with Simon Druker about the news.

Brascan Gold is a gold exploration issuer based in Vancouver, BC. The company holds options over the Middle Arm Fault, Black Cat, Birchy Lake and Mountain Pond properties, located in the Baie Verte region of the North of Newfoundland and the Miguel’s Lake property, located in central Newfoundland. The company also holds an option over the Alegre project in Pará state in northeastern Brazil.

Brascan Gold Inc. (BRAS) opened trading at C$0.025.


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