Goat Industries Ltd., has acquired, through staking, four additional claims located in close proximity to Brunswick Exploration’s PLEX Project in Quebec.
The PLEX Project is located approximately 80 kilometres west of Patriot Battery Metals’ Corvette CV5 lithium deposit along the La Grande shear zone, which hosts all of the Corvette lithium showings known to date. On March 20, 2023, Brunswick Exploration announced that it has recently identified the location of the historical core storage facility at the PLEX Project, in the Eeyou-Istchee James Bay region of Quebec, and determined that it is accessible despite winter conditions. Brunswick Exploration states it plans on deploying a sampling team before the end of March to confirm and sample previously reported pegmatite intersections in historical drill core.
Brunswick Exploration had previously optioned the PLEX Project from Osisko Development Corp. and notes that the project has historically never been explored for lithium mineralization.
Readers are cautioned that the presence of mineralization on claims in close proximity to those held by the company is not necessarily indicative of mineralization that may exist on claims held by the company.
Further, per the Company’s investment policy, GOAT Industries does not intend to develop these claims—rather, the Company will look to maximize the value of the property, and the corresponding return to shareholders, by positioning them for divestiture to mining companies.
Source: https://www.goatindustries.co/