LPD 0.00% 0.2¢ lepidico ltd

Ann: Platypus and Lepidico Secure Option over Lithium Project, page-143

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    • Lepidico has entered into a binding option agreement to acquire up to 75% of the Lemare lithium project from TSX-listed Critical Elements Corporation.

    • Undrilled spodumene pegmatite with up to 12 m @ 1.96% Li2O, including 6 m @ 2.68% Li2O, from trench sampling.

    • Lemare consists of 158 claims for a total ground position of 7,433 hectares (74 km2) in the James Bay region of Quebec, Canada, that boasts several advanced NI43-101 compliant lithium resources, including the Whabouchi deposit which has a total resource of 32.7Mt @ 1.56% Li2O, and Critical Elements’ own Rose project containing a total resource of 37.2 Mt @ 0.94% Li2O and 156 ppm Ta2O5 (1.25% Li2O equivalent).
 
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