Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) has announced a non-brokered private placement of up to 10-million units at a price of $0.05 per unit. The total gross proceeds are expected to be up to $500,000. The offering includes amendments to property option agreements with Bounty Gold Corp. and Last Resort Resources Ltd.

Beyond Lithium Exploration Program Overview

The 2024 exploration program has advanced its projects at Cosgrave, Ear Falls, and Victory. A total of 380 grab samples were collected, with assays pending for 25% of them.

Details on the Ear Falls Spodumene Project

The Ear Falls project confirms spodumene as the primary lithium-bearing mineral. The spodumene shows over 96% liberation, indicating strong recovery potential. Fieldwork has extended and widened the Wenasaga North Zone.

Innovations at Cosgrave Project

Channel samples at Cosgrave reveal lithium mineralization, with assays showing up to 0.62% Li2O over 1.00m. Further stripping may expand the pegmatite width for better understanding.

Victory Spodumene Project Insights

At Victory, the LiDAR survey delineated key pegmatites. Identifying indicator minerals helps in targeting exploration efforts efficiently.

Property Option Amendments

The company amends its property option agreements, settling certain cash payments with shares. The intention is to improve capital allocation towards exploration success.

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