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Critical Elements Lithium Samples Up To 2.22% Li2O At Duval And 2.44% Li2O In The Southwestern Extension Of Lemare
MONTREAL, QC / ACCESSWIRE / September 5, 2023 / Critical Elements Lithium Corporation (TSX-V:CRE...
About this update from Critical Elements Lithium Corporation
[{"type":"text","content":"Critical Elements Lithium Samples Up To 2.22% Li2O At Duval And 2.44% Li2O In The Southwestern Extension Of LemareMONTREAL, QC / ACCESSWIRE / September 5, 2023 / Critical Elements Lithium Corporation (TSX-V:CRE)(US OTCQX:CRECF)(FSE:F12) ( \"Critical Elements\" or the \"Corporation\" ) is pleased to report the results of exploration of multiple lithium-tantalum pegmatite (\" LCT pegmatite\" ) trends with positive prospecting sampling results on the Duval ( Table 1 ) and Lemare ( Table 2 ) sites.Progression of the wholly owned Rose lithium-tantalum deposit toward a final investment decision is Critical Elements' primary goal. Rose is one of the most advanced hardrock lithium development projects in North America (see updated feasibility study results in the news release dated August 29, 2023), with key environmental permits and crucial Impact and Benefits Agreement in place. However, the Corporation also owns over 1,050 square kilometres of concessions that are highly prospective in the Eeyou Istchee region of Québec and management intends to catalyze the value inherent in this asset. To this end, Critical Elements launched a surface exploration program as announced in the news release dated May 31, 2023.During June 2023, Critical Elements conducted a prospecting program over several areas of the Corporation's Nemaska belt property portfolio using ground-based and helicopter-borne teams of geologists. The program was interrupted for several weeks due to the unprecedented wildfire situation in the region. The Corporation is deeply concerned by the damage caused to the environment, as well as the negative impact on the people of Eeyou Istchee. Our teams have now returned to the field to continue with the planned program. The program's objective is to identify new pegmatite bodies using systematic rock geochemical sampling of ranked LCT-pegmatite targets as defined by ALS Goldspot \"SmartTarget\" methodology, which combines both expert-driven and machine-learning data-driven targeting approaches to refine the geological interpretation of the properties for further exploration work.A total of 108 rock samples were collected during the short exploration campaign of June 2023. Prospecting confirms the discovery of the new two-kilometre-long trend of white pegmatite on the Corporation's 100% owned Duval property that hosts several l...