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Tearlach to acquire Quebec lithium properties

Published by , Editorial Assistant
Global Mining Review,


Tearlach Resources Limited has to announced that it has signed an option agreement to acquire a 100% interest in the claims groups within the CV lithium trend in Quebec.

Highlights:

  • The Shelby Properties are adjacent to Patriot Battery Metals Inc.’s (PMET) Corvette Lithium Property located in the James Bay Region of Quebec and Winsome Resources Ltd.’s Cancet discovery drill hole.
  • The Shelby Properties also cover approximately 11 226 ha. The region has gravel highway access and an airport at the power generating station at La Grande Quatre.

CEO, Morgan Lekstrom, commented:

“These strategic acquisitions in Quebec add to our growing portfolio of high potential lithium properties in one of most prolific lithium jurisdictions in Canada. The “Shelby Project” properties, located adjacent to PMET’s Corvette deposit and Winsome’s Cancet discovery, are just another example of our ability to acquire potential company builder properties through a highly experienced team and access to our unique pipeline. We look forward to boots-on-the-ground execution in the very near future.”

“The Corvette Lithium Trend is an emerging spodumene pegmatite district discovered by PMET in 2017. PMET’s best drill intercept to date of 1.65% Li2O over 159.7 m including 4.12% Li2O over 9.0 m as reported in their press release dated 31 August 2022, supports Tearlach’s acquisition strategy and overall thesis in building a leading lithium company.”

Read the article online at: https://www.globalminingreview.com/mining/16012023/tearlach-to-acquire-quebec-lithium-properties/

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Lithium mining news Canadian mining news