Lithium Universe will commence trading on the ASX on Monday 14th August 2023.
Lithium Universe will be led by lithium industry trailblazer Iggy Tan and the Galaxy Resources team, with an impressive track record of fast-tracking lithium projects.
Lithium Universe's mission is to quickly obtain resources and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, LU7 possesses the essential expertise and skills to develop and construct profitable projects.
The company has five strategically located lithium projects across Canada and Australia including the Apollo Project in the James Bay region- a ‘hotbed’ for junior lithium explorers.
Apollo is within the same greenstone belt and only 30kms from projects owned by Patriot Battery Metals (Mkt Cap of +A$2 billion) and Winsome Resources (Mkt Cap of +A$300 million), in addition to a similar geological host, the Apollo Lithium Project has the potential to be equally successful.
The James Bay district is host to globally significant projects including Patriot Battery Minerals' Corvette, comprising 109.2 Mt at 1.42% Li2O and recent upgrade from Allkem of their James Bay project by 173% to 110.2 Mt @ 1.30% Li2O.
“One of the biggest differentiation points of our company is that we are not here to explore for the sake of exploring, we are here in Canada to build a lithium project as fast as we can.
There are many lithium explorers in the world today but not many have the experience and track record to build successful lithium plants.
We will be looking to run a fast-track lithium program at the Apollo lithium project in James Bay like we did at Mt Cattlin.”
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