Until now, Clarity has begun and is expecting results of the exploration attempts mentioned below:
After the receipt of this work’s results, the Company can interpret the findings discovering targets for follow-up drilling and investigation.
The Lithium381 Property
The property is situated in Northern Quebec, Canada, about 3 km from James Bay Road and the service station at KM381, which offers the infrastructure to the local region.
The James Bay Lithium deposit—a lithium-bearing pegmatite—is slated to begin construction in Q1 2023.
The Property has not been earlier explored for lithium-bearing pegmatites but is supported mainly by amphibolite facies minor metavolcanic and metasedimentary rocks of the Eastmain Greenstone belt’s Lower Eastmain Group in the northeastern part of the Superior Province—the same host rocks of the contiguous James Bay Lithium Deposit.
For critical mineral exploration investment, Quebec has turned out to be a promising jurisdiction with its “2030 Plan for a Green Economy.” It focuses on reducing carbon emissions, alongside its “Plan for Development of Critical and Strategic Minerals (2020-2025),” including commitments to share details on financial threats and strategies to upgrade infrastructure for projects in Northern Quebec.
Recently, the Company signed an option agreement to make an undivided 50% right, ownership, title, and advantageous interest of the Lithium381 Property from Genius Metals Inc., a public company of an arm’s length. It has been listed on the TSX Venture Exchange.