Current status of MLS Projects.
Projects in progress and announcements due in the near future:
Lac du Marcheur Cobalt Project - Field Exploration Commenced on the 3rd of August
Manindi Zinc Project - Drilling started on the 23rd of August
Lac Rainy Graphite - Fast tracked phase II exploration started on the 11th of September
Projects currently in limbo are:
Lac Le Motte Lithium - This prospect was identified as a potentially significant lithium lode, which is oriented in an east-west direction. It has been interpreted that this lithium bearing mineralized zone continues into the Lac La Motte licence boundaries and could represent an important source for mineralisation at the project.
There are at least 6 known parallel LCT pegmatite dykes containing spodumene. The irregular distribution of the lithium-bearing pegmatite dykes in fractures in the granites suggests that this system of dykes could also be present on the Lac La Motte project.
Lac Le Corne Lithium - The Quebec Geological Survey Department in July 2014 recorded outcrop 1584 as having high spodumene and molybdenum potential. This outcrop is located in the south-west portion of the Lac La Corne project.
The Company has made contact with the Geological Survey Department geologist who was responsible for conducting this survey and subsequently identified the outcrop. Follow-up exploration is planned immediately for this high priority target.
Projects that currently appear to be on hold:
Lacourciere-Darveau Lithium
Mile 72 Uranium
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