Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) (FSE: S580) continues its comprehensive due diligence on the Lac La Motte Lithium Project, following the promising findings and advancements of previous operators.
Lac La Motte Lithium Project Overview
The Lac La Motte property, famed for its lithium potential since the ’50s, is strategically positioned in the Abitibi- Témiscamingue mining areas. With close proximity to the active North American Lithium (NAL) mine and the advancing Authier project, the region is swiftly developing as a significant lithium hub in Canada.
Jeff Wilson, CEO, highlights the Company’s commitment to a thorough exploration plan bolstered by the property’s prime location, existing infrastructure, and encouraging historical data.
Exploration Progress at Lac La Motte
In 2022, the West and East Targets revealed promising spodumene occurrences, with high-grade lithium oxide percentages discovered in several drill assays. The use of Satellite Imaging Technology (SIT) has advanced the exploration process, identifying probable lithium deposits effectively. Detailed exploration results illustrate the potential of the project, with plans to initiate further drilling in the near future.
Future Prospects and Exploration Goals
The Company’s endeavor to earn a 100% interest in the Lac La Motte project is propelled by the recent acquisition of additional claims in the area. With a commitment to invest in ground exploration, Eureka Lithium aims to solidify its position in the Quebec lithium sector. The due diligence outcomes will shape the forthcoming drill program, aiming to commence in the first quarter of 2024.
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