Anuncio • Jun 05
Freedom Gold Corp. announced that it expects to receive CAD 0.5 million in funding Freedom Gold Corp. announces a non-brokered private placement to issue 4,166,666 common shares of the Company at a price of CAD 0.12 per unit for aggregate gross proceeds of CAD 499,999.92 on June 4, 2026. Each Unit will be comprised of one common share and one common share purchase warrant, with each Warrant exercisable to acquire one additional Common Share at a price of CAD 0.18 per Common Share for a period of 24 months from the date of issuance. The Units and underlying securities issued pursuant to the Offering will be subject to a four month and one day hold period, pursuant to National Instrument 45-106 – Prospectus Exemptions. The Offering remains subject to certain conditions including, but not limited to, receipt of all necessary regulatory approvals, including the approval of the CSE.
Participation by certain directors and officers of the Company in the Offering Anuncio • Dec 25
Imagine Lithium Inc. (TSXV:ILI) acquired North Nipigon lithium from Spod Lithium Corp. (CNSX:SPOD) for CAD 0.03 million. Imagine Lithium Inc. (TSXV:ILI) acquired North Nipigon lithium from Spod Lithium Corp. (CNSX:SPOD) for CAD 0.03 million on December 23, 2025. A cash consideration of CAD 0.03 million will be paid by Imagine Lithium Inc. Veronique Laberge has been appointed as interim Chief Executive
Officer and director of the Spod Lithium.
Imagine Lithium Inc. (TSXV:ILI) completed the acquisition of North Nipigon lithium from Spod Lithium Corp. (CNSX:SPOD) on December 23, 2025. Anuncio • Dec 01
Spod Lithium Corp., Annual General Meeting, Jan 29, 2026 Spod Lithium Corp., Annual General Meeting, Jan 29, 2026. Anuncio • Jul 15
Spod Lithium Corp. announced that it expects to receive CAD 0.15 million in funding Spod Lithium Corp. announced a private placement to issue 7,500,000 units at an issue price of CAD 0.02 per unit for gross proceeds of CAD 150,000 on July 14, 2025. Each unit shall consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of CAD 0.05 per additional share on the date that is 24 months following the closing date. Directors and officers of the company may acquire securities under the offering. The company may pay finders' fees to eligible finders in connection with the offering, subject to compliance with applicable securities laws and Canadian Securities Exchange ("CSE") policies. All securities proposed to be issued in connection with the offering will be subject to a statutory hold period of four months and one day from the date of issuance. The offering is expected to close on or about July 25, 2025, subject to customary closing conditions and compliance with CSE policies. The offering may also close in multiple tranches. Anuncio • Jan 01
Spod Lithium Corp. announced that it has received CAD 0.27275 million in funding On December 30, 2024, the company has closed the transaction. The company has issued 4,196,155 flow-through units at a price of CAD 0.065 per flow-through unit for gross proceeds of CAD 272,750. The Company paid a cash commission of CAD 14,000 to Laurentian Bank Securities Inc. and issued 215,385 finder's warrants as part of their finder's fee compensation in connection with subscriptions received from subscribers introduced to the Offering by Laurentian Bank Securities Inc. and CAD 1,592.50 to Raymond James Ltd. and issued 24,500 finder's warrants as part of their finder's fee compensation, in connection with subscriptions received from subscribers introduced to the Offering by Raymond James Ltd. Anuncio • Dec 20
Spod Lithium Corp. announced that it expects to receive CAD 0.75 million in funding Spod Lithium Corp. announces a private placement offering of 11,538,462 flow-through units at a price of CAD 0.065 for gross proceeds of CAD 750,000 on December 19, 2024. Each FT Unit shall consist of one common share in the share capital of the Company and one Common Share purchase warrant of the Company. Each Warrant will entitle the holder thereof to acquire one additional Common Share at a price of CAD 0.10 per Additional Share on the date that is twenty-four months following the closing date. All securities proposed to be issued in connection with the Offering will be subject to a statutory hold period of four months and one day from the date of issuance. The Offering is expected to close on or about December 30, 2024, subject to customary closing conditions and compliance with CSE policies. The Offering may also close in multiple tranches. Anuncio • Oct 30
Spod Lithium Corp. Announces Board Changes SPOD LITHIUM CORP. announced that it has appointed Richard Goldstein to its Board of Directors, effective immediately. Richard Goldstein has over 31 years' experience working in all facets of capital markets, including investment banking, and institutional sales and trading. Prior to founding First Republic Capital Corp., an exempt market dealer, 13 years ago, he was a founding partner at Fraser Mackenzie before serving as the Executive Vice-President and Head of investment banking at Standard Securities. He is a Concordia University International Business Graduate and holds an MBA from McMaster University. Additionally, Gerald Kelly has resigned as a director of the Company effective immediately. Gerald Kelly will continue to serve as a consultant to the Company for a term of two (2) years for no cash consideration. The Company would like to thank Mr. Kelly for serving on the Board of directors and is looking forward to continuing working with him as a consultant. Anuncio • Oct 23
SPOD Lithium Corp. Announces Positive Lithium Exploration Results and Targets Fourth Quarter 2024 to Commence A Drill Program on Its MegaLi and LG4 Properties SPOD LITHIUM CORP. announced that it has received the majority of the results from the second phase of its field program on the MegaLi and Lithium Grande 4 ("LG4") properties and is planning a drill program based on the best targets identified. The MegaLi and LG4 properties consist of six claim blocks adjacent to Patriot's Shaakichiuwaanaan project located in the James Bay area of Quebec, Canada. In addition to its Quebec projects, SPOD is also exploring promising opportunities in the province of Ontario. Based on soil results that returned lithium values above 21 ppm Li2O corresponding to the ninety-fifth (95th) percentile of the distribution, four targets have been identified for drilling on block "A", Block "C" and on block "D". The targets are based on: Interpreted pegmatite trends, supported by detailed magnetic data., New mapping information obtained from the last survey, and. Previous work on the large pegmatites on Block "C" and Block "D" that revealed zoned internal structures and accessory minerals such as beryl and tourmaline. Summer 2024 field program over MegaLi and LG4: During June 2024, an exploration team consisting of four technicians supervised by a geologist completed 18 days of field work including rock and "C" horizon soil sampling on most of the MegaLi and LG4 properties. 458 soil samples and 37 rock samples were collected and sent for assaying. The treatment of 458 soil fine fraction by aqua regia dissolution and ICP- analytical method of the fine fraction returned 24 samples with lithium results above 21 ppm Li2O associated to the ninety-fifth (95th) percentile of the distribution. This threshold was used to identify anomalies and draw target trends using a detailed magnetic survey previous acquired by SPOD. Assaying of the sand fraction by sodium. peroxide is pending. Clusters of anomalous lithium values have been identified in Block "A" and Block "D" on the LG4 property and on Block "C" of the MegaLi property. Block "C" was covered by a larger share of the coverage considering the extension of pegmatite outcrops observed along 1.6 km of strike length. Block A: A lithium signature in the soil samples is indicated by a main cluster of four samples with values ranging from 11 to 47 ppm Li2O, potentially associated with a northeast-trending magnetic contrast parallel to the mafic dyke. Block C: In Block "C," three samples returned scattered results between 21 and 32 ppm Li2O, closely associated with a sub-outcropping ridge of zoned pegmatite. Outcrop mapping conducted simultaneously confirmed a strike length of 1.6 km, with a shallow dip to the north and an apparent thickness of up to 100 meters. The initial phase of outcrop mapping indicated the presence of lithium-enriched zones, with concentrations reaching 431 ppm Li2O. Additionally, a gold anomaly was identified near the lower contact to the south of the pegmatite body, with concentrations ranging from 0.006 g/t to 0.36 g/t Au, suggesting the presence of gold in the environment. However, varying soil conditions and the methodology used, which relied on small samples of 0.5 grams, may limit the precision of these assays. Block D: Four samples with results above 32 ppm Li2O are combined with a group of 21 ppm Li2O samples to form a cluster concentrated in the northern half of the claim. This area is characterized by low hills formed by till accumulations. Initial interpretations suggest a pegmatite orientation east-west to east-northeast, with a strike length of 500 meters, corresponding to the width of the claim. Results from the second phase of the field program conducted during summer 2024 demonstrated the presence of lithium-bearing pegmatites on the MegaLi and LG4 properties, showing strong geological similarities to the adjacent Shaakichiuwaanaan Property. The SPOD drill program aims to test various targets on Blocks A, C, and D. Considering the glacial dispersion of the lithium soil anomalies, two or three short drill holes are planned for the most significant anomalies to ensure adequate coverage of each target. The current plan includes 13 drill pads, but this may evolve based on drilling observations, with each location potentially accommodating more than one hole. The drilling program is scheduled to start around November and conclude before the end of 2024. Anuncio • Jul 25
Spod Lithium Corp. Extends to 1.6 Km Block C Pegmatite on Property Adjacent to Patriot Battery Metals Corvette Project Spod Lithium Corp. announced the completion of a second phase field program on its MegaLi and Lithium Grande 4 properties composed of six claim blocks adjacent to the Patriot Battery Metals Inc.’s Corvette project located in the James Bay area, Quebec, Canada. Along with its Quebec projects, SPOD is also exploring its promising projects in the province of Ontario. A total of 443 soil samples have been collected by the ExploLogik team, which provides exploration services to the Company, aimed at three objectives: identification of spodumene bearing phase inside the known MegaLi project Block “C” pegmatite, testing the ground about 3km along strike from the initial target, and evaluating the lithium potential of Block “A”, Block “D”, Block “E” on the Lithium Grande 4 project. On Block “C” (MegaLi project), 316 soil samples were collected over the pegmatite trend, covering a surface of about 1.7 km by 4.8 km. For reference, Patriot’s CV5 spodumene deposit is located about 5 km north of the Block “C” pegmatite, following a parallel structural trend. Observations done so far on Block “C” have indicated that the crystallization texture and structural relations can be compared to other spodumene bearing pegmatite events observed in the James Bay area. CV5 mineral resource estimate (MRE) has firmly established it as the largest lithium pegmatite mineral resource in the Americas and eighth largest globally, containing a maiden mineral resource estimate of 109.2 million tons at 1.42% Li2O (see Patriot Battery Metals Inc.’s news release dated July 31, 2023). The remaining 127 soil samples were distributed between Lithium Grande 4 Block “A”, Block “D” and Block “E” located respectively 7 km north, 12 km east and 15 km east of Patriot’s CV5. Block “A”, returned a series of rocks showing a strong Rb enrichment and low K/Rb below 30. The objective for the soil sampling program is to locate spodumene-bearing pegmatite covered by overburden. In the case of Block “D”, the unique claim hosts a strong density of pegmatites dikes limited by the density of outcrops. Anuncio • Jun 06
Spod Lithium Corp. Appoints Mr. Martin Dallaire as New Director Spod Lithium Corp. announced the appointment of Mr. Martin Dallaire as a new director of the Company, effective May 29, 2024. Mr. Dallaire was born and raised in Rouyn-Noranda and has more than two decades of experience in the financial industry with a particular focus on the junior mining sector. His areas of expertise include strategic planning, sourcing and structuring of financings, due diligence reviews, mergers and acquisitions. Mr. Dallaire, who obtained an Engineering degree from the Université du Québec à Chicoutimi in 1992, has also been a member of the surveillance committee of the FERIQUE Funds for more than 5 years. He is also President, CEO and Director of Visible Gold Mines Inc. Anuncio • Apr 16
Spod Lithium Corp. Announces Chief Executive Officer Changes Spod Lithium Corp. announced that the board of directors has appointed Mr. Mathieu Couillard as the Company’s new Chief Executive Officer. Mr. Couillard brings a strong background in capital markets and business strategy to his role at Spod Lithium. He is an experienced Board Member and financial consultant with expertise in advising management and board of directors on capital market matters. During his career, Mr. Couillard served as Managing Director of investment banking at Haywood Securities in Toronto, leading the Special Situations team from 2016 to 2022. Mr. Couillard is an experienced investment banker with extensive expertise in capital markets. He participated in over $1 Billion in capital raises for private and public companies and is the architect of numerous mergers and acquisitions. Prior to joining Haywood Securities, Mr. Couillard was part of the Risk Management Solutions group specializing in the sales and structuring of derivative products at National Bank of Canada in Toronto. From 2006 to 2014, Mr. Couillard was part of National Bank's investment banking group in Montreal. Mr. Couillard is a Fellow of the Society of Actuaries. Mr. Couillard currently sits of on the board of directors for one other TSX Venture listed company. Spod Lithium would like to thank Chris Cooper for his time as the Chief Executive Officer and member of the board of directors and wish him the best of success as he pursues future endeavours. Anuncio • Mar 20
Spod Lithium Corp. Announces CFO Changes Spod Lithium Corp. announced the appointment of Ms. Veronique Laberge as the new Chief Financial Officer of the Company. Ms. Laberge will replace current CFO Hani Zabaneh, and Mr. Zabaneh will remain as a director of the Company. Ms. Veronique Laberge is a chartered professional accountant and holder of the title of auditor. With more than 18 years of experience in professional practice, she specialized in certification mandates, general accounting andhas been working as a fractional CFO for multiple public and private companies since 2018. Anuncio • Dec 28
Spod Lithium Corp. announced that it has received CAD 1.44375 million in funding On December 27, 2023, Spod Lithium Corp. closed the transaction. The company amended the terms of the transaction, and issued 10,694,444 units at an issue price of CAD 0.135 per unit for gross proceeds of CAD 1,443,749.94. All securities issued in connection with the transaction are subject to a four-month hold period, which will expire on April 28, 2024. The company did not pay any finder's fees in connection with the transaction. Anuncio • Dec 07
Spod Lithium Corp. Completes Phase 1 of Its Exploration Program at Its Lithium Grande 4 and Megali Lithium Projects in James Bay Quebec Spod Lithium Corp. reported that the company has completed the 1st phase of its exploration program on its MegaLi (78 mineral claims covering a total area of 3,996.67 hectares - 40 square kilometres) and Lithium Grande 4 (41 mining claims covering 2,100 hectares - 21 square kilometres) projects located in James Bay, Quebec. In addition to ground fieldwork grab sampling over a 25-day period, the company also contracted ALS Goldspot Discoveries Ltd. and Prospectair to complete a series of airborne surveys over the James Bay properties. ALS Goldspot's M-PASS multiparameter platform consists of a triaxial magnetic gradient magnetic/VLF (very-low frequencey) platform and a 2,048-channel radiometric sensor, along with a high-precision LiDar sensor and high-resolution cameras capable of producing four band imagery. Prospectair flew 1,209km of lines at 50 meters spacing. The airborne survey aims to map the geology and identify structural trends on the property where the presence of pegmatites exists, which often correspond with magnetic lows often associated with a topographic expression. Spod completed the work with the goal to further identify areas of potential sub-outcropping pegmatites, which will be used to guide future exploration campaigns. In addition, a ground gravity survey was completed by Val-d'Or, Québec based Géophysique TMC using a Scintrex CG-5HT and a Trimble R12I real time GPS receiver. The accuracy reported is 2.4 cm on the horizontal plane and 1.0 cm for the elevation reading. The gravity survey aimed to evaluate the size of the Block C pegmatite and identify parallel, or satellite pegmatites covered by overburden. Approximately 9 km of lines covered the pegmatite target, split between three grids composed of 50 meter widely spaced lines from 880 to 1280 meters in length. A total strike length of approximately 800 meters was covered with 488 measures. TMC developed an inversion model based on the assumption that the Block C pegmatite shows a similar composition as the outcropping section of Patriot Battery Metals CV5 deposit (inferred resources of 109.2 Mt @ 1.42% Li2O). The survey has already proven to be a success as a number of potential drill targets have been identified as a result of the survey. The potential drill targets will be further evaluated as part of the 2nd phase of the 2024 exploration program. The geophysics work done to date is a key determinant for progressing on Spod Lithium’s Block “C” pegmatite discovery previously announced on October 4, 2023. Multiple large pegmatite intrusions were identified following the north-east regional structural trend. Individual pegmatite ridges can be followed for about 1km along strike. Peripheric exploration and mapping of the geology, indicated that potential thickness of these intrusions can be in the 10 to 50 metre range. The distribution of outcrops suggests a 500-metre-wide swarm composed of stacked intrusions. Gravimetry lines show a clear low gravity signature largely covering the position of pegmatites known at surface. Pegmatites identified show variable concentrations of potassic feldspar, albitic plagioclase, quartz and muscovite as main components. Locally, tourmaline (black and dark blue) and garnet appear as accessory phases. The crystallization texture can be locally very coarse grain when compared with average pegmatite with individual crystals reaching locally 20 cm. Preliminary observations indicate the zoned internal structure of the Block C pegmatite. Anuncio • Nov 01
Spod Lithium Corp. announced that it has received CAD 0.30317 million in funding On October 31, 2023, Spod Lithium Corp. closed the transaction. The company amended the terms of the transaction and issued 4,330,999 units at a price of CAD 0.07 per Unit for gross proceeds of CAD 303,170. No finder’s fees were paid in connection with the financing. A director of the company participated in the financing, subscribing for 80,000 units for CAD 5,600. Anuncio • Oct 25
Spod Lithium Corp. announced that it expects to receive CAD 0.33845 million in funding Spod Lithium Corp has announced non-brokered private placement that it will issue 4,835,000 units at a price of CAD 0.07 per Unit for gross proceeds of CAD 338,450 on October 24, 2023. Each Unit consisting of one Class A common share and one-half of one transferable Class A common share purchase warrant. Each whole warrant, exercisable for an additional common share at CAD 0.12 for 24 months from the date of issuance. The securities issued will be subject to a four-month hold period according to applicable securities laws of Canada. Anuncio • Oct 14
Spod Lithium Corp., Annual General Meeting, Dec 12, 2023 Spod Lithium Corp., Annual General Meeting, Dec 12, 2023. Anuncio • Oct 05
Spod Lithium Announces Discovery of Several Pegmatite Outcrops At Spod’s Megali Lithium Project in James Bay Quebec SPOD LITHIUM CORP. provided shareholders with an exploration update on its MegaLi project located approximately fifty (50) kilometres south-southwest of the 2779 MW LG4 hydropower facility and 16 km from all-weather road access, JamesBay. The property consists of 78 mining claims covering a total area of 3,996.67 hectares (40 square kilometers) and is accessible by helicopter operating from a camp located along the hydropower reservoir. Block “C” pegmatite discovery: During September’s work program, the exploration team identified multiple outcropping pegmatites and boulders over the three (3) blocks (B,C,F) during 18 days of exploration work in the field. A significant discovery was made on Block “C” where multiple large pegmatite intrusions follow the north-east regional structural trend. Individual pegmatite ridges can be followed for about 1km along strike. Peripheric exploration and mapping of the geology, indicated that potential thickness of these intrusions can be in a 10 to 50 metres range. The distribution of outcrops suggests a 500-metre-wide swarm composed of stacked intrusions. Host rocks of the pegmatite observed are composed mainly of amphibolite, although described as a tonalite on the MERN website. Pegmatites identified show variable concentrations of potassic feldspar, albitic plagioclase, quartz and muscovite as main components. Locally, tourmaline (black and dark blue) and garnet appear as accessory phases. The crystallization texture can be locally very coarse grain when compared with average pegmatite with individual crystals reaching locally 20 cm. Preliminary observations indicate common evidence of different crystallization texture corresponding to different magmatic episodes. During this first scouting phase, 111 samples were taken for assaying including 79 samples originating from Block C. Prospecting method: Rock chip fragments are collected from bedrock surface in areas that enable works. The mineralogical composition of fragments is described. A portable XRF is used on a routine basis to detect the presence of an excess of Rubidium. This element is used to identify the presence of LCT pegmatites (Lithium-Cesium, Tantalum), which is the deposit type for spodumene bearing pegmatite, as largely recognized, and documented in the James Bay area. Based on scientific literature, the correlation between rubidium and lithium is generally accepted for exploration geochemistry purpose. The Company thinks that by promoting this approach, the identification of favorable sectors for lithium mineralization can be identified using the Rubidium enrichment. Source: Cerny P., Meintzer R.E., 1988: Fertile granites in the Archean and Proterozoic fields of rare-element pegmatites: crustal environment, geochemistry and petrogenetic relationships in Recent advances in the Geology of Granite-Related Mineral Deposits, Proceedings of the CIM Conference on Granite-Related Mineral Deposits, Sept 1985, Eds Taylor R.P., Strong D.F. This strategic approach aims at compensating for the difficulty of sampling large and representative areas of pegmatites and the often-discreet characteristic of spodumene. During a prospecting program, the portable XRF is used to discriminate pegmatites whose emplacement process was more favorable to lithium enrichment and spodumene crystallization. The lithium pegmatites at Corvette commonly contain elevated levels of Rubidium (Rb) and Cesium (Cs) compared to less differentiated granites, confirming their strongly differentiated signature that is typically for LCT pegmatites. Whole rock Rubidium contents are commonly 1000 to 4000 ppm Rb (ref. NI43-101 Technical Report Mineral Resource Estimate for the CV5 Pegmatite, Corvette Property p.51). Rubidium and potassium measurement with a portable XRF instrument has to be considered as geochemical indicators used in routinely in the course of prospecting work to orient and prioritize sampling sectors. Also, the presence of Rb in sampled rock is by anyway correlated unless a proper assaying method is performed. The representation of prospecting data illustrates favourability sectors for the presence of a lithium enrichment. Patriot Battery Metals: The Company highlights that September 8th CV5 mineral resource estimate (MRE) has firmly established it as the largest lithium pegmatite mineral resource in the Americas and eighth largest globally containing a maiden mineral resource estimate of 109.2 million tonnes at 1.42% Li2O. Moreover, an all-weather exploration access road is under construction, extending from the all-weather Trans-Taiga Road to CV5, and will facilitate upcoming exploration programs. The road is anticipated to be operational for November 2023 and will stop around 3km from the MegaLi project. Anuncio • Aug 11
Spod Lithium Corp. to Commence Exploration Program on Quebec Lithium Project Spod Lithium Corp. announce that due to improving conditions surrounding the Company’s properties in the James Bay region of Quebec, the Company’s long awaited 2023 exploration program scheduled on the Company’s Megali and Lithium Grande 4 properties will commence immediately. The exploration work will consist primarily of prospecting and rock sampling over both properties. The Megali property consists of 78 mineral claims covering a total area of 3,996.67 hectares (40 square kilometers) and the Lithium Grande 4 project consists of 41 mining claims covering 2,100 hectares (21 km2). Both the Megali and Lithium Grande 4 projects are adjacent to Patriot Battery Metals' Corvette property which was recently deemed the largest Lithium pegmatite resource in the Americas (ref). The Spod lands are located less than 2.7 km south-south-east (Megali) and less than 2.0 km south (Lithium Grande 4) from Patriot's Corvette lithium project. Anuncio • Jul 14
Spod Lithium Corp. Provides an Update on the 2023 Phase I Surface Exploration Program for Its 100% Owned North Nipigon - NIEMI Project in the Georgia Lake Pegmatite Field, Ontario SPOD LITHIUM CORP. has provided an update on the 2023 Phase I surface exploration program for its 100% owned NORTH NIPIGON - NIEMI PROJECT in the Georgia Lake Pegmatite Field, Ontario. Spod Lithium sampled 1.507% Li2O and continues to expand the mineralized area on the Niemi Block near (MDI42E05SW00017). A new lithium bearing boulder was also discovered on the north shore of Parole Lake, that returned 0.538% Li2O, approximately 100 m west of a boulder discovered in 2018 (Ontario Geological Survey AFRI 20000019444). The Phase I program is designed to target spodumene bearing pegmatite bodies on expansive land package in the heart of the prolific Georgia Lake Pegmatite Field. The program covers the Niemi Block, North Nipigon Block A and North Nipigon Block C. The program will continue to evaluate the historically underexplored Block B, Block C and Block A east of Rock Tech Lithium's Georgia Lake deposit. Detailed mapping and sampling of the Parole Lake area will also be prioritized to determine the source of the spodumene bearing boulders. A total of 107 surface grab samples have been collected to date and submitted to the Actlabs facility in Thunder Bay, ON. The North Nipigon - Niemi Project is underlain by Archean metasediments and granites, along with Keweenawan age diabase.egmatites in the region occur close to and within the granitic plutons. The Project is contiguous with RockTech Lithium's Georgia Lake Project and Imagine Lithium's Jackpot Lithium Project. RockTech's Project contains a NI43 -101 compliant indicated resource of 10.6 Mt at 0.88% Li20 and a NI43-101 compliant inferred resource of 4.2 Mt of 1.00% Li2O. There are numerous other known pegmatite occurrences in the region. Assay results have been returned for the first series of 107 surface grab samples collected from the Project. Anuncio • Jun 16
Spod Lithium Corp. Provides Exploration Update on North Nipigon/Niemi Pegmatite Project SPOD LITHIUM CORP. provide an exploration update on it’s Phase I exploration program for its 100% owned North Nipigon /Niemi Lithium project in the Georgia Lake Pegmatite Field, Ontario. DCX Geological Consulting has successfully completed the Phase I program on the 8,679-hectare project, in which they identified numerous high priority target areas by overlaying historical data with geophysical and LiDAR data collected from the Company’s February 2023 Mag/VLF airborne survey. The Phase I program focused on the most prospective areas for spodumene bearing pegmatite bodies on the project. The program covered the Niemi Block, North Nipigon Block A and North Nipigon Block C (Figure 1). A total of 107 surface grab samples were collected and submitted to the Actlabs facility in Thunder Bay, ON (assays pending). North Nipigon Block B remains untested due to access restrictions and the Phase II exploration program will include mapping and sampling on this highly prospective and historically underexplored area. The Phase I program successfully identified three high priority targets for bedrock stripping and channel sampling. Multiple areas of thin overburden cover and black spruce swamp were identified, and a soil/tree bark sampling program is being mobilized. Prospecting will continue on all claim blocks with detailed mapping planned for the three bedrock stripping areas identified by this Phase I work. The Phase I program successfully identified: Two-mica granite exposures along the Niemi trend (MDI42E05SW00017) that will be the focus of bedrock stripping and sampling on the Niemi Block. Multiple bedrock stripping targets on the north shore of Parole Lake, near spodumene rich boulders which returned assay values of 0.764 % Li2O and 0.685 % Li2O (Ontario Geological Survey AFRI 20000019444) on North Nipigon Block A. New bedrock stripping targets on North Nipigon Block C. Geochemical (soil/tree bark) sampling areas on Block A and Block C. The North Nipigon – Niemi Project is underlain by Archean metasediments and granites, along with Keweenawan age diabase. Pegmatites in the region occur close to and within the granitic plutons. The Project is contiguous with RockTech Lithium’s Georgia Lake Project and Imagine Lithium’s Jackpot Lithium Project. RockTech’s Project contains a NI43-101 compliant indicated resource of 10.6 Mt at 0.88% Li20 and a NI43-101 compliant inferred resource of 4.2 Mt of 1.00% Li2O. The Company is eager to begin its planned exploration program on its Megali and Lithium Grande 4 projects. The recent restrictions imposed by the Quebec government, because of the regional forest fire situation, is directly impacting exploration operations, and, therefore, the company is temporarily delayed in kicking off its surface exploration field activities until the situation improves. The company is actively monitoring the situation to ensure all company activities are compliant with respective governmental decrees and to ensure the safety of personnel associated with the property. Anuncio • Jun 02
Spod Lithium Corp. to Begin Exploration Program At James Bay Quebec Project SPOD LITHIUM CORP. announced its further exploration plan for the Company's Megali and Lithium Grande 4 properties in the James Bay region in the province of Quebec. Both the Megali and Lithium Grande4 projects are adjacent to Patriot Battery Metals' project, and less than 2.7 km south-south-east (Megali) and less than 2.0 km south (Lithium Grande 4) from Patriot's newly discovered Corvette lithium deposit. The Megali property consists of 78 mineral claims covering a total area of 3,996.67 hectares (40 square kilometers) and the Lithium Grande 4 project consists of 41 mining claims covering 2,100 hectares (21 square kilometers). The Company has executed a technical services agreement with ALS GoldSpot Discoveries Ltd. ("GoldSpot") for the collection and processing of geophysical and geomatics data with GoldSpot's Multi- parameter Airborne Survey System ("M-PASS") over the Megali and LithiumGrand 4 properties. GoldSpot will conduct an airborne acquisition with their Multi- parameter Airborne Survey system ('M-PASS') over SPOD's properties. ALS GoldSpot's M-PASS platform consists of a triaxial magnetic gradient magnetic/VLF platform, 2048 channel radiometric sensor along with a high-precision LiDAR sensor and high-resolution cameras capable of producing four band imagery. The airborne survey aims to map the geology and identify geological trends more likely to contain pegmatite swarms, which often correspond to specific topographic features with magnetic lows and will serve as a valuable guide for the Company's further exploration campaign this upcoming summer. Martin Demers P.Geo., (ogq #770) and qualified person as defined by National Instrument 43-101, has reviewed the technical information in this news release. Anuncio • May 12
Spod Lithium Corp. to Begin Exploration Program At North Nipigon/Niemi Pegmatite Project Spod Lithium Corp. announce its initial exploration plan for its 100% wholly owned North Nipigon /Niemi Lithium project in Ontario. The North Nipigon -- Niemi Lithium Project is adjacent to Rock Tech's Georgia Lake Deposit and Imagine Lithium's Jackpot project. SPOD has retained DCX Geological Consulting to design and implement an aggressive exploration program on its 8,679-hectare project.