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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 24.99 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Comment by jtrealisticon Feb 24, 2010 7:29pm
224 Views
Post# 16817288

RE: RE: Glad to be back @ .35

RE: RE: Glad to be back @ .35This is from the Feb 8 press release

Tantalum results that exceeded the maximum analysis limit and results for the other zones sampled are still pending


The Company is also reporting that its drilling program on its Matchi-Manitou base metals property has been completed. Some drill samples have been sent for analysis. This program was aimed at testing a large geophysical anomaly. First Gold is in the process of acquiring up to 72% of this property by spending $300,000 on exploration

And this is what I like the best meaning no surprises for the stock price.

The Company has now received $1,230,355 from the exercise of warrants and options in recent months, and is in an excellent financial position to meet its commitments for 2010




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