- Critical Elements Lithium has identified new lithium-cesium-tantalum (LCT) pegmatite trends warranting further exploration
- The company will investigate these targets alongside ALS GoldSpot over a 12-week surface exploration program in June
- The news follows the 2022 discovery of new multi-km-long LCT pegmatite prospective trends on the company’s Lemare and Duval properties in Quebec
- Critical Elements intends to become a large, responsible supplier of lithium to the electric vehicle and energy storage system industries
- Critical Elements (TSXV:CRE) last traded at $1.93 per share
Critical Elements Lithium has identified LCT pegmatite trends warranting further exploration.
The discovery was enabled by advanced geochemical interpretations of rock sample and legacy data by ALS GoldSpot Discoveries. Geochemical vectoring isolated fertile pegmatite suites over 162 of 3,900 unprospective rock samples.
The distribution of fertile LCT pegmatite environments coincides with interpreted major SW-NE structures that span the company’s Nemaska belt properties.
Critical Elements and ALS GoldSpot will explore these targets with a surface exploration program at Duval, Lemare, Valiquette, Arques, Caumont, Dumoulon, New Block 1 to 6, Rose and Rose Nord in Quebec. The 12-week program is slated for early June with an eye on informing a drill program to delineate spodumene-bearing pegmatite bodies.
The news follows the discovery in 2022 of new multi-km-long LCT pegmatite prospective trends on the company’s Lemare and Duval properties.
Critical Elements intends to become a large, responsible supplier of lithium to the electric vehicle and energy storage system industries. The company is developing its flagship US$1.9 billion Rose Project.
Critical Elements Lithium (TSXV:CRE) last traded at $1.93 per share.
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