Exploration Assets

Projects

14 highly prospective properties in the James Bay area
+150,000 hectares all staked along Archean greenstone belts known to host lithium
+C$70 million in historic exploration investment by previous operators
+200,000 m of historic drilling, assayed primarily for gold
Equity and/or free carried interests in Brunswick Exploration, Loyal Lithium, Cygnus Metals, and Perseverance Metals
Adjacent to major lithium discoveries such as Corvette (Patriot Battery Metals) and James Bay Lithium (Allkem)
Documented Pegmatites across the portfolio with core that has never been sampled for Lithium
Additional Multi-commodity showings

Advancement Strategy

Initial work has focused on compiling the considerable historic data into an exploration database that can be used for interpretation and target selection. In addition, field teams went out to the majority of properties to conduct surface geology and core re-sampling. The results of this initial work have identified a potential showing that will be followed-up on this spring, with the possibility of drilling towards the end of the summer.

participation assets

Carried interest

Escale(Lithium) - 25% Free Carried Interest-

Within Brunswick’s Mirage property on trend with dykes
Dyke MR-6 (32m @ 1.80% Li2O) adjacent to Escale
Maiden drill program planned for 2024

Anatacau(Lithium) - 10% Free Carried Interest

West – 17 of 18 holes intersected spodumene
West - 26.5m @ 1.51% Li2O; 18.2m @ 1.33% Li2O
Main - >3.8% Li2O sample and maiden drilling in 2024

PLEX (Lithium) - 10% Free Carried Interest

>100 pegmatites identitied
192 sq. km property 75km from Corvette
Along La Grande shear zone which is host to Corvette

Trieste (Lithium) - 25% Free Carried Interest

Major discovery confirmed from drilling in 2023
87.5m @1.3% Li2O
10km from Adina (59Mt @ 1.12% Li2O)

Lac Gayot(Nickel) – Corp. Free Carry + Milestones

High surface nickel grades at 5-10% throughout belt
200km2land package
Multiple targets to be drill-tested in 2024

Auclair(Lithium) - Shares + Milestone Payments

Multiple spodumene-bearing pegmatites identified
Grab samples of up to 6.5% Li2O
Highly prospective 10km LCT corridor

Equity in Other James Bay Explorers