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Beyond Lithium unveils Its 2024 Exploration Portfolio

Apr 2, 2024

Beyond Lithium Inc. announced its lithium exploration portfolio for the 2024 season in Ontario, comprising 27 projects totaling over 119,000 hectares. Amendments to previous option agreements with Bounty Gold Corp. and Last Resort Resources Ltd. have deferred cash payments, facilitating exploration focus and minimizing dilution. The portfolio emphasizes the Victory Spodumene, Ear Falls Spodumene, Cosgrave Lake, and Wisa Lake Projects, with advanced mapping and sampling planned. Beyond Lithium's strategy includes drilling to test spodumene mineralized corridors and uncovering additional spodumene mineralization, aiming for new discoveries across its extensive greenfield lithium exploration properties.

"Following careful planning over the last several weeks by the senior staff of Beyond Lithium, including our partners at Bounty Gold and Last Resorts, we are pleased to unveil our 2024 lithium exploration portfolio in Ontario," said Allan Frame, President and CEO of Beyond Lithium. "This will allow our Company to continue to prioritize exploration dollars and keep dilution at a minimum."

"On March 4th I stated that we were looking forward to continuing our relationship with Beyond Lithium and renegotiating our current agreements so that they are equitable and conducive to our long-term outlook and partnership," remarked Jace Angell of Last Resort. "We are confident that the 2024 field season will see a continuation of the success we had in 2023 and we look forward to uncovering that potential with Beyond Lithium."

"We are thankful to Bounty Gold and Last Resort for amending the March 30 Agreements and the Victory Agreement," commented Alain Lambert, Cofounder and Capital Markets Advisor of Beyond. "The entire Beyond Lithium portfolio is ripe for additional discoveries in 2024 and the technical team is keen to get back into the field shortly."

"For the past year, Jace and I have been committed to building our strong relationship with our partners at Beyond Lithium and committed to our shared goal of building shareholder value through discovery," said Jason Leblanc, President/CEO of Bounty Gold. "With a streamlined portfolio now of only the highest quality greenfield lithium projects, our efforts in the field will be more focused than ever."

"In addition to the core four projects, Beyond Lithium will work to advance 23 additional projects that merit additional exploration and have garnered JV or option interest," stated Lawrence Tsang, VP Exploration of Beyond Lithium. "Our exploration program will continue to rely strongly on the geological data collected in the field to establish a solid geological model for each project."


Tags: Northern Ontario / Exploration / Battery Metals / All Articles