Business
Critical Elements Lithium Announces Exploration Plans for 2022 Including Up to 25,000 Meters of Drilliing
MONTREAL, QC / ACCESSWIRE / April 6, 2022 / Critical Elements Lithium Corporation (TSX-V:CRE...
About this update from Critical Elements Lithium Corporation
[{"type":"text","content":"Critical Elements Lithium Announces Exploration Plans for 2022 Including Up to 25,000 Meters of DrilliingMONTREAL, QC / ACCESSWIRE / April 6, 2022 / Critical Elements Lithium Corporation (TSX-V:CRE)(US OTCQX:CRECF)(FSE:F12) (\"Critical Elements\" or the \"Corporation\") is pleased to announce an exploration program for 2022.The Corporation is preparing an aggressive exploration program for 2022 with the following objectives:Expand the main Rose Lithium-Tantalum (\"Rose\", \"Project\", \"Rose Project\") deposit by drillingDrill test several satellite showings proximal to the Rose depositDrill the Lemare Lithium project targeting delineation leading to an initial Mineral Resource EstimateConduct an extensive surface exploration program including compilation, artificial intelligence (AI) targeting, prospecting, mapping, rock sampling, and soil sampling with the goal of finding new lithium mineralization warranting follow up drillingProspect and sample the targets identified by the Goldspot Discoveries AI system in 2021 (see press release dated September 7, 2021 for more details)The Corporation is working to secure diamond drill rigs for the full year with a program of up to 25,000 meters divided between the Corporation's projects:10,000 meters for the expansion of the Rose Lithium-Tantalum deposit7,000 meters to delineate an initial Mineral Resource Estimate at the Lemare Lithium project8,000 meters to explore for and test new targets identifiedFigure 1: James Bay projects location mapFigure 2: Goldspot probability Li-Ta, Cu-Ni, Au target mapCorporate updatePermittingIn August 2021, Critical Elements announced that the Federal Minister of Environment and Climate Change had rendered a favorable decision in respect of the proposed Rose Project. In a Decision Statement, which included the conditions to be complied with by the Corporation, the Minister confirmed that the Project is not likely to cause significant adverse environmental effects when mitigation measures are taken into account (see press release dated August 11, 2021 for more details).The Rose Project is also subject to the provincial environmental and social impact assessment and review procedure pursuant to the Québec Environment Quality Act in accordance with Chapter 22 of the James Bay and Northern Québec Agreement (\"JBNQA\"). This process runs parallel to t...