Project

The Core Lithium Project in Quebec, Canada

The Core Lithium Project in Quebec, Canada comprises 56 contiguous claims totaling roughly 3,000 ha (approx. 7,400 acres) in an Li-enriched geologic domain, where relatively large-scale pegmatite fields can be linked to specific regional rocks and structures known to host Lithium.

Location

Located in the James Bay territory of Northern Quebec, the project is centrally located in a lithium rich and district-scale geologic sub-province.

The claim has power lines through the property, has access to a network of heavy haul roads, is located in an already active area with major subcontractors available, as well as a number of mills nearby to take primary extraction down to commercially transportable ore grades. All of these factors combine to deliver a sustainable, commercially viable production model.

 

Geology

  • Several property locations identified as potentially favorable for Li (plus Ta, REE), Zn and Mo.
  • Favorable regional scale major structures plus local (NNW, NNE and NE and roughly E-W trending) fractures and their intersections serve as locus for intrusion of Li-rich pegmatite.
  • Immediate targets for follow-up based on past regional Li exploration in James Bay area using satellite imagery and considering regional scale vertical magnetic gradient along with known local/regional geology from Quebec government surveys.
  • Centrally located in lithium-rich and district-scale geologic sub-province with relatively large-scale pegmatite fields linked to specific regional rock units and structures.
  • Regional location in age-favorable Superior Province within permissive Archean and NeoArchean geological domains (20km by 100km) characterized by tonalites, granodiorites and granites.
  • Favorable Li-bearing pegmatites are proximal (1 to 5 km) of relatively homogeneous granitic intrusives (e.g. Mitsumis pluton) identified as parents
  • Pegmatites occur on the property within granodiorite, tonalite, and monzogranit
  • Characteristic and distinctive white pegmatites readily identified in satellite imagery
  • Same lithologic domain as Critical Element’s 26.5Mt 1.34% Li Rose Deposit
  • Located in a similar zone of intersection of favorably oriented regional lineaments/structures found at the Rose
  • “Neighborhood” Li deposits characterized by: excellent continuity; coarse crystal size; sparse zoning; average 10- 15m thickness; outcropping, with at least 800m of strike and +1000m along dip
  • Both Rose and Nemaska explored for only 1500 m down dip before identifying sufficient resources for FS level production decision

 

About Pegmatite Lithium Deposits

Pegmatite is a coarse-grained intrusive igneous rock formed from crystallized magma below the Earth’s crust. Pegmatite lithium deposits, also known as hard-rock lithium deposits, can contain extractable amounts of a number of elements, including lithium, tin, tantalum and niobium. Lithium in pegmatites is most commonly found in the mineral spodumene, but also may be present in petalite, lepidolite, amblygonite, and eucryptite. Hard-rock ore containing lithium is extracted at open-pit or underground mines using conventional mining techniques. The ore is processed and concentrated using a variety of methods prior to direct use or further processing into lithium compounds.

Workplan

  • Detailed geological and structural mapping with prospecting
  • Airborne survey
  • Geophysical work
  • 50+ Grab and channel samples
  • N.I. 43-101 report preparation
  • Diamond drill testing

Key Factors

  • Core Lithium benefits from proximity to cheap electrical power available from the James Bay Hydroelectric Project, a series of regional hydroelectric developments with a combined installed capacity of over 16,000 megawatts which covers an area of the size of the State of New York and is one of the largest hydroelectric systems in the world.
  • Hardrock Lithium resources have reached a level of interest due to wider geographic distribution and consequently lesser susceptibility to supply disruptions, and their more lithium-dominant compositions allow more flexible response to market changes. Conversely, individual brine deposits differ considerably, and successful production from one deposit does not necessarily assure success at others. Furthermore, the extent to which brine can be recovered without dilution from recharge waters and degradation of salt-bearing reservoir rock, and whether other constituents of the brines, including potassium, magnesium, bromine and boron, may restrict processing or the capacity of production to respond to changes in demand for lithium.

Hard Rock vs. Brine Mining

Hard Rock Lithium Deposits Brine Processing
Lithium development and mining in Canada is predominantly found in the Canadian Shield of NE Canada, with exploration focused on finding high-grade spodumene lithium-bearing pegmatite of economic size. Separating the Lithium bearing spodumene from the other minerals occurs by dense media separation and /or flotation, creating a concentrate that forms the basic production material for battery grade lithium chemicals. Brine deposits occur in closed basin with high evaporation rates, the most famous of which are located in the high Andes of South America. Brine lithium concentrates are generally lower than spodumene deposits and require additional time and collection ponds, with recoveries being generally < 50%.

Summary

  • Project Location: Northern Quebec, Canada
  • Project Area: Fifty-six (56) contiguous claims totalling over 3,000Ha in an Lithium-enriched geologic domain
  • Claim staking based on historic government exploration, interpretation of overlooked Lithium-Cesium-Tantalum (LCT) pegmatite-bearing regional structures
  • Close proximity to cheap power source, with power lines cutting through property
  • Identified by experienced project generators with direct experience in advancing Quebec lithium deposits
  • Existing infrastructure already in place
  • Strategic Location: Close proximity to Critical Element’s Rose Deposit, with favourable and major regional scale structures plus local fractures and their intersections serve as locus for intrusion of Li-rich pegmatites

Lithium has always been an important element, but with the advancement of electric vehicles coming to the forefront of 21st century transportation needs, being able to readily and consistently produce low cost, technical-grade Lithium is more important than ever.  

Core Lithium Corp. is uniquely positioned to leverage the global shift to Electric Vehicles.

Favourable Geology • Potential Large Shallow Resource • Accessible Infrastructure