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Lithium One acquires strategic property adjoining Patriot's Corvette

Published by , Editorial Assistant
Global Mining Review,


Lithium One Metals Inc. (LONE) has announced that it has entered into an arms-length option agreement with Glenn Griesbach to acquire a 100% interest in and to the Lac Astrid Lithium project in North-western Quebec, Canada.

The Lac Astrid Lithium Project is composed of 70 mineral claims covering approximately 3600 ha. (36 km2), located in a very active hard rock lithium pegmatite area in the prolific James Bay mining area of Quebec, 900 km North-northeast of Montreal and 250 km East of the small community of Radisson, in the James Bay region of Northern Quebec. The Lac Astrid Property is located approximately 14 km South of the Trans-Taiga all-weather gravel highway and 18 km South of the Cargair floatplane base

The Lac Astrid Lithium property lies 11 km east of Patriot's Corvette Lithium discovery, within the 50 km 'CV Lithium Trend', which Patriot Metals describes as an emerging spodumene pegmatite district discovered by their exploration team in 2017.

There is little history of exploration on the Lac Astrid property. The mineralisation of economic interest that is sought in the region and at Lac Astrid is found in lithium-bearing spodumene- pegmatite dyke complexes. LONE's initial focus of exploration will be the assessment of outcropping white pegmatite with muscovite and tourmaline.

Read the article online at: https://www.globalminingreview.com/mining/04102022/lithium-one-acquires-strategic-property-adjoining-patriots-corvette/

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