SPOD LITHIUM CORP. (CSE: SPOD; OTCQB: SPODF) has announced the successful extension of the Block ‘C’ pegmatite, now traced over 1.6 km, located 5 km south of the Corvette lithium deposit. The company collected 443 soil samples for lab analysis from the MegaLi Block ‘C’, Lithium Grande 4 Block ‘A’, Block ‘D’, and Block ‘E’.

Block ‘C’ Pegmatite Extension

The Block ‘C’ pegmatite has now been mapped over a 1.6 km strike length. This pegmatite is situated about 5 km from the Corvette lithium deposit. SPOD’s CEO, Mathieu Couillard, expressed satisfaction with the 2024 program results, highlighting the presence of multiple pegmatites and the continuity of lithium results from 2023.

Summer Program Over Pegmatites

The summer fieldwork involved the collection of 443 soil samples by ExploLogik. The aim was to identify spodumene-bearing phases within the MegaLi project Block ‘C’ pegmatite, test the ground along a 3 km strike from the initial target, and evaluate the lithium potential of Blocks ‘A’, ‘D’, and ‘E’.

Detailed Sampling and Analysis

On Block ‘C’, 316 soil samples were collected over a 1.7 km by 4.8 km area. Observations indicated that the crystallization texture and structural relations are similar to other spodumene-bearing pegmatites in the James Bay area. On Blocks ‘A’, ‘D’, and ‘E’, 127 samples were collected to locate spodumene-bearing pegmatite under the overburden.

Corporate Update

SPOD has entered a consulting agreement with Jadeite Capital Corp. to provide strategic and administrative services effective April 1, 2024. The company issued 300,000 stock options to the consultant at a price of $0.05 per option, valid for five years.

Qualified Personnel

Geologists Julien Davy, P.Geo., M.Sc, MBA, and Martin Demers, P.Geo., supervised and approved the technical information in this news release under the NI 43-101 standards.

About Spod Lithium Corp.

SPOD LITHIUM CORP. focuses on the exploration and development of lithium resources. The company’s primary projects are in Quebec and Ontario, areas known for their valuable lithium deposits. Founded in 2020, SPOD aims to innovate and deliver value to its stakeholders.

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