Lomiko to explore for lithium on Bourier Project optioned from Critical Elements
Lomiko Metals and Critical Elements Lithium Corporation have entered into an option agreement that gives Lomiko the right to acquire up to a 70% interest in the Bourier project. The Bourier project consists of 203 claims for a total ground position of 10,252.20 hectares (102.52 km
2) in a region of Québec that features other lithium deposits and known lithium mineralization.
The Bourier project is potentially a new lithium field in an established lithium district.
Location of known lithium deposits and showing and Bourier (in gold) Showing in the James Bay area of Québec.
Critical Elements Crystallizes Bourier Project Value by Signing Option Agreement with Lomiko Metals saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
(Lomiko or the “Company”) and Critical Elements Lithium Corporation (TSX-V: CRE) (US OTCQX: CRECF) (FSE: F12) (
Critical Elements or the
Company ) are pleased to announce that Critical Elements and Lomiko have entered into an option agreement (“Agreement”) that gives Lomiko the right to acquire up to a 70% interest in the Bourier project.
Figure 1. Location of known lithium deposits and showing and Bourier (in gold) Showing in the James Bay area of Quebec. (Graphic: Business Wire)
“Recent consumer interest in electric vehicles has increased investor interest in Lithium and Graphite, two of the major components of a lithium-ion battery,” stated A. Paul Gill, Chief Executive Officer. “Quebec is in a unique position of having ample supply of both commodities and now Lomiko has opportunities in additional battery materials.”
Critical Elements Lithium Corporation: Critical Elements Crystallizes Bourier Project Value by Signing Option Agreement with Lomiko Metals
Critical Elements or the
Lomiko ) (TSXV:LMR)(OTCQB:LMRMF)(FSE:DH8C)
are pleased to announce that Critical Elements and Lomiko have entered into an option agreement ( Agreement ) that gives Lomiko the right to acquire up to a 70% interest in the Bourier project. Recent consumer interest in electric vehicles has increased investor interest in Lithium and Graphite, two of the major components of a lithium-ion battery , stated A. Paul Gill, Lomiko s Chief Executive Officer. Quebec is in a unique position of having ample supply of both commodities and now Lomiko has opportunities in additional battery materials.
Lomiko to Explore for Lithium on Bourier Project Optioned From Critical Elements investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.