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Cygnus Metals appoints BBA consultants to conduct an initial baseline assessment and geochemical characterization at the Central Pontax Lithium (Stria/ Cygnus -- Joint Venture)
(TheNewswire) Ottawa, ON – TheNewswire - June 14, 2023 - Stria Lithi...
About this update from Stria Lithium Inc.
[{"type":"text","content":"Cygnus Metals appoints BBA consultants to conduct an initial baseline assessment and geochemical characterization at the Central Pontax Lithium (Stria/ Cygnus -- Joint Venture)\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Ottawa, ON –\n \n \n TheNewswire -\n \n \n June 14, 2023 - Stria Lithium Inc.\n(TSXV:SRA) (“Stria” or the “Company”)\n \n \n is pleased to announce that its joint\nventure partner Cygnus Metals has appointed BBA consultants to conduct\nan initial baseline assessment and geochemical characterization at the\nPontax Lithium project.\n \n \n \n \n \n \n \n \n The studies, which will be completed by consultants BBA, are\nan important step towards project development and will help outline\nthe economic viability of the project’s mineral resources and\nidentify key issues relating to project development.\n \n \n \n \n BBA will prepare an Environmental and Social Scoping\nReport (ESSR), which is the initial requirement towards completing\nenvironmental baseline studies on the path to a Preliminary Economic\nAssessment (PEA). In addition to the ESSR, an initial geochemical\nassessment of the ore and waste rock will also be completed. This is a\nkey requirement for mine permitting and plays an integral role in\nsupporting mine planning and development at the PEA level.\n \n \n \n \n These early-stage studies will be part funded by an\napproved grant of up to C$275,000 from Quebec’s Ministry of Energy\nand Natural Resources (MERN). The grant was awarded as part of the\nGovernment of Quebec’s program to support mineral exploration for\nminerals needed for green and renewable energy technologies as\noutlined in its 2020-25 Plan for the Development of Critical and\nStrategic Minerals.\n \n \n \n \n The location of the Pontax Project provides a distinct\nadvantage and significantly increases the development prospects. Not\nonly is the project located just 4km from a main highway with\nHydro-Quebec power infrastructure running through the project, but it\nalso sits in central James Bay just 30km from Allkem’s James Bay\ndeposit. James Bay is currently in development stage with federal ESIA\napproval, ongoing engineering works and completion of Hydro-Quebec\npowerlines...