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SALi Lithium To Acquire 100% Of Gold Property Strategically Located In Major Gold Camp In Quebec, Canada
VANCOUVER, BC – May 14th, 2025 – TheNewswire - SALi Lithium Corp. (CSE: SALI) (the “Company” or “SALi”) is pleased to announce that it has signed a Letter of In
About this update from Golden Goose Resources Corp.
[{"type":"text","content":"VANCOUVER, BC – May 14th, 2025 – TheNewswire - SALi Lithium Corp. (CSE: SALI) (the “Company” or “SALi”) is pleased to announce that it has signed a Letter of Intent (LOI) to acquire a 100% interest in a 4,680-hectare gold property (the “Property”) located in the prolific Windfall Gold Camp in Quebec, Canada. The Property is strategically positioned within a region controlled by Gold Fields, which is currently developing the 300,000-ounce-per-year Windfall Gold Mine* and the nearby 510,000-ounce Quevillon Gold Project* (see Figure 1). Property Highlights: Large Property – 83 claims – 4,680 hectares. Strategically located, surrounded by Gold Fields claims. 15 km-long contiguous claim group. Property covers favourable geology and key structural intersections. Volcanic host rocks similar to those hosting Windfall mineralization. Situated at the junction of two major deformation zones. Easily accessible via recently developed logging roads. High-grade gold identified by Osisko Mining near the eastern boundary. Largely unexplored; exceptional blue-sky potential. Figure 1: Location of Property in the Windfall Gold Camp, approx. 300 km northeast of Val-d’Or, Quebec (*Source: Gold Fields Ltd Website) Acquisition Terms SALi may earn a 100% interest in the Property through the following combination of cash payments, share issuances, and exploration expenditures: MILESTONE CASH PAYMENT COMMON SHARES EXPLORATION EXPENDITURES Upon CSE Approval $30,000 150,000 - On or before Dec 31, 2025 $30,000 - $150,000 On or before Sept 30, 2026 $30,000 200,000 $250,000 On or before Sept 30, 2027 $30,000 200,000 $300,000 On or before Sept 30, 2028 $30,000 200,000 $400,000 On or before Sept 30, 2029 $30,000 250,000 $500,000 On or before Sept 30, 2030 $30,000 500,000 $700,000 TOTAL $210,000 1,500,000 $2,300,000 1) Subject to a 2.0% NSR. SALi has right to purchase 1.0% for $1.0 million.2) As at Sept 30/28 SALi can elect to accelerate remaining cash and share payments eliminating future exploration expenditures to earn 100% as at that date. Dustin Nanos, CEO of SALi comments: “We are thrilled to announce this acquisition. Securing a land position in the heart of one of Canada’s most active gold camps is a significant milestone for SALi. Gold Fields’ development of the Windfall deposit, one of the...