Snow Lake Lithium Project

LARGE PROPERTY IN A PREMIER JURISDICTION

Located in mining-friendly jurisdiction with access and infrastructure

Large Secure Land Position

  • Snow Lake has a strong land position encompassing 59,587 acres

Pro Mining Community

  • HudBay operates the Lalor Mine and concentrator in the Snow Lake district
  • Recent investments in the district by several mining companies demonstrate high confidence in the potential for new mine discoveries
  • Nearly a century of historic and consistent mining in the area

Access

  • Year round access to the Property can be gained via boat, barge, helicopter or winter ice/bush roads

Existing Infrastructure

  • Powerline traversing the Property
  • Airstrip located 8.5km to the north
  • Major Road access within 11km
  • Railway access 65km to the south

PROJECT HIGHLIGHTS

The lithium enriched Thompson Brothers (TB) and Sherritt Gordon (SG) pegmatite dyke clusters occur on either side of the Crowduck Bay Fault that bisects the property

Drill results show promise of significant lithium resource

Excellent Dimensions

  • The Thompson Brothers dyke has been
    drill tested over a 1Km strike and to a
    vertical depth of 1/2 Km
  • The deposit is tabular in form and dips near vertical

Excellent Widths

  • The deposit averages 7 to 10m in true width

Consistent Grades

  • Li2O grades within the deposit are consistent from contact to contact and drill hole to drill hole. Simplest structure possible making it easier to predict

Mining

  • Snow Lake sees the potential for an underground mining operation accessed via ramp at Thompson Brothers and potential open pit opportunities at Sheritt Gordon.
  • A small open pit could be used to extract the crown pillar to the deposit at Thompson Brothers.

Exploration Upside

  • Snow Lake Lithium is confident it can delineate significant additional lithium resources along strike and down dip at the Thompson Brothers deposit
  • Additional resources can also be developed within the GR Pegmatite cluster. Historical drilling in 1942 confirmed spodumene in 20 holes (not included in existing resource)