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Beyond Lithium to Acquire Rare One Project in Southeastern British Columbia to Expand Critical Minerals Portfolio
Winnipeg, Manitoba--(Newsfile Corp. - May 6, 2025) - Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond") is pleased to announce that it has entered into definitive agreements with certain arm's length vendors to acquire a 100% undivided interest in six mineral claims located in southeastern British Columbia known as the Rare One Project. The Rare One Project covers a total area of 4,688 hectares and is located within the highly prospective ...
About this update from Beyond Minerals Inc
[{"type":"text","content":"Winnipeg, Manitoba--(Newsfile Corp. - May 6, 2025) - Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond") is pleased to announce that it has entered into definitive agreements with certain arm's length vendors to acquire a 100% undivided interest in six mineral claims located in southeastern British Columbia known as the Rare One Project. The Rare One Project covers a total area of 4,688 hectares and is located within the highly prospective Rocky Mountain Rare Earth Belt hosted in the Alkaline Province in British Columbia (Figure 1); the Alkaline Province stretches over 1,000 km in distance along the western flank of the Ancestral North America which has many projects hosting rare earth elements (REEs) and base-metal mineralization (Rukhlov 2024).","length":801,"tagName":"p"},{"type":"text","content":"Beyond will acquire the Rare One Project on closing, free and clear of any royalties, liens or other encumbrances, in exchange for payment of the mineral claims' staking cost and the issuance of 450,000 common shares in the capital of the Company. The Rare One Project is located 32 km east of the town of Invermere in the East Kootenay region of southeastern British Columbia. It is approximately 2.5 hours drive via highway and logging roads from the city of Cranbrook to the project area.","length":495,"tagName":"p"},{"type":"text","content":"From 2005 to 2017, various exploration programs were conducted at the property with exploration expenditures totaling nearly one million dollars; these programs included soil grid sampling, prospecting, geological mapping, and access road construction (Gifford 2013). In a 2007 stream sampling program, a phosphate mineral called monazite, which is rich in light REEs, was identified and sampled at the property; monazite can be a useful indicator for locating prospective targets for REEs mineralization (Gifford 2007). In addition, Gifford's reports outlined highly anomalous lead-zinc targets from soil grid sampling and gravity surveys for exploring Mississippi Valley-Type (MVT) lead-zinc mineralization. The Company is currently compiling all the available data, and a 2025 exploration plan will be updated once the compilation is completed.","length":851,"tagName":"p"},{"type":"text","content":"Allan Frame, President and CEO of Beyond, stated, "...