Stria Lithium Inc. CEO Dean Hanisch joined Proactive's Stephen Gunnion to share the company's endeavors in the coveted lithium triangle around James Bay in Quebec. The company, founded in 2013, successfully acquired a project during a time when lithium wasn't in the spotlight.
With recent drilling activities, significant lithium deposits have been discovered, drawing attention from partners like Cygnus Metals, an Australian firm. Cygnus Metals recently revealed an impressive resource estimate of over 10 million metric tonnes at a concentration of over 1% Li2O in just a year of drilling.
The James Bay region, known for its prosperous lithium reserves, is home to other big players like Winsome Resources, Patriot Battery Metals and Brunswick. Stria's strategic positioning ensures it's amidst this flourishing hub.
Moving forward, more drilling is scheduled for the winter months, the optimal period due to the region's frozen terrains. Furthermore, Stria has expanded its land package around the Pontax project, uncovering tantalum anomalies and mapping promising areas.
Hanisch also highlighted the encouraging dynamics in the lithium market, driven by Canadian and US initiatives. With government backing and an increased shift towards electric vehicles, he envisions a bullish future for lithium exploration companies in the region.
Proactive United States
Proactive United States
+1 347-449-0879
This email address is being protected from spambots. You need JavaScript enabled to view it.
Last Trade: | C$0.10 |
Daily Volume: | 0 |
Market Cap: | C$2.590M |
November 21, 2023 November 13, 2023 September 14, 2023 |
Else Nutrition is changing the face of early childhood nutrition with clean, sustainable, plant-based products. The company has developed the world’s first whole plant-based infant formula that is targeting the $100+ billion global...
CLICK TO LEARN MORESurf Air Mobility is a regional air mobility platform expanding the category of regional air travel to reinvent flying through the power of electrification. In an effort to substantially reduce the cost and environmental impact of...
CLICK TO LEARN MORECOPYRIGHT ©2022 GREEN STOCK NEWS