Mining
Monday, December 18th, 2023 8:15 pm EDT
Key Points
- Groundbreaking Lithium Discoveries: Beyond Lithium Inc. reveals significant lithium findings at its Victory Project, showcasing groundbreaking discoveries at the Last Resort Pegmatite and Bounty Gold Pegmatite. The Last Resort Pegmatite on the western side demonstrates an impressive assay of up to 5.11% Li2O, with all 11 samples exceeding 1% Li2O. Simultaneously, the Bounty Gold Pegmatite on the eastern side boasts results of up to 3.48% Li2O. These discoveries underscore Beyond Lithium’s pivotal role in securing future lithium supplies.
- District-Scale Exploration Strategy: Beyond Lithium adopts a visionary approach to lithium exploration, implementing a project generator business model. This strategy ensures efficient fund allocation for exploration while minimizing shareholder dilution. The company’s focus on district-scale exploration, particularly around the Victory and Ear Falls Projects, signifies a long-term commitment to growth and value creation. The Last Resort and Bounty Gold Pegmatites, part of a six-kilometer-long exploration corridor, exemplify the rich lithium potential within Beyond Lithium’s portfolio.
- Strategic Planning and Future Prospects: The imminent submission of drilling and trenching exploration permit applications for the Victory Project highlights Beyond Lithium’s strategic planning and rapid progress. With 32 grab samples and 28 channel samples from the Victory Project awaiting analysis, the company anticipates a continuous stream of positive results. Beyond Lithium’s commitment extends beyond Victory, encompassing the Ear Falls Project and eight other prospects in the Mavis Lake area. The recent appointment of Etienne Moshevich as Director of Communications enhances the company’s market awareness, underlining its dedication to shaping the future of lithium exploration and sustainable energy solutions.
Discovering Tomorrow’s Lithium Reserves: Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) unveils groundbreaking lithium findings at its Victory Project, marking a strategic leap in the company’s mission to become a dominant player in greenfield lithium exploration. The Last Resort Pegmatite, located on the western side, boasts a remarkable assay of up to 5.11% Li2O, with all 11 samples surpassing 1% Li2O. Meanwhile, the Bounty Gold Pegmatite on the eastern side presents results of up to 3.48% Li2O.
The significance of these discoveries extends beyond numerical values, positioning Beyond Lithium as a key player in securing future lithium supplies. Both pegmatites, spanning 30-40 meters in width and traced over 150-300 meters, form part of a six-kilometer-long exploration corridor. The proximity of these spodumene-bearing pegmatites within this corridor underscores the rich lithium potential that Beyond Lithium aims to unlock.
Beyond Lithium’s visionary approach includes the adoption of a project generator business model, ensuring efficient funds allocation for exploration while minimizing shareholder dilution. The company’s focus on district-scale exploration, encapsulated in its portfolio around the Victory and Ear Falls Projects, signifies a commitment to long-term growth and value creation.
The imminent submission of drilling and trenching exploration permit applications for the Victory Project further underlines Beyond Lithium’s strategic planning and rapid progress. With 32 grab samples and 28 channel samples from the Victory Project awaiting analysis, the company anticipates a steady stream of positive results, providing investors with a front-row seat to the unfolding lithium potential.
Beyond Lithium’s commitment to exploration is not confined to Victory alone. The Ear Falls Project, complemented by eight other prospects in the Mavis Lake area, positions the company as a comprehensive lithium explorer, ready to meet the demands of a rapidly evolving energy landscape.
In a world transitioning towards sustainable energy solutions, Beyond Lithium stands at the forefront, unlocking the potential of lithium resources to power the future. As the company advances its exploration ventures, shareholders can anticipate not just numerical figures but a journey that shapes the future of lithium exploration and underscores Beyond Lithium’s commitment to sustainable energy solutions.
Just a few weeks ago, Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) announced significant lithium findings at its Victory Project through grab samples from two spodumene-bearing pegmatites, namely the Last Resort Pegmatite and the Bounty Gold Pegmatite. The Last Resort Pegmatite on the western side assays up to 5.11% Li2O, with all 11 samples above 1% Li2O. The Bounty Gold Pegmatite on the eastern side shows up to 3.48% Li2O. Both pegmatites, about 30-40 meters wide and traced over 150-300 meters, are situated five kilometers apart within a six-kilometer exploration corridor. The company is pursuing a district-scale exploration portfolio around these spodumene projects, including eight other prospects in the Mavis Lake area.
Below are the first batch of results from the initial grab samples at Victory:
Beyond Lithium plans to submit drilling and trenching exploration permit applications for the Victory Project by the end of December. Further assays from 32 grab samples and 28 channel samples at the Victory Project are pending. The company’s President and CEO, Allan Frame, emphasizes the strategic synergy in advancing both Victory and Ear Falls Projects concurrently.
Beyond Lithium is led by a very experienced and successful management team with an incredible track record of success. They will stop at nothing to make $BY a successful lithium explorer and I expect a lot more news and updates to come in 2024.
Disclosure: Etienne Moshevich, author of this article is the Director of Communications for Beyond Lithium and has been paid a fee.
