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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

Post by Goodtoreadthis1on Oct 21, 2020 6:01pm
209 Views
Post# 31759309

Our neighbor Kirkland Lake Gold

Our neighbor Kirkland Lake Gold keeps revolving in my head as one of the potential sources of capital to help us build the Rose mine. Not only is KLG a nieghbor in good proximity to CRE and it's assets; but KLG uses electric trucks to move ore in it's mines. 

KLG has $800 mil in cash and NO DEBT. It had one mine Macassa that underperfromed in the last qtr but that issue was apparently solved by the drill bit as reported in this article--- https://themarketherald.ca/kirkland-lake-gold-tsxkl-intersects-high-grade-gold-at-macassa-2020-10-19/?utm_source=threadview%20tmh%20widget&utm_medium=widget&utm_campaign=threadview%20tmh%20widget%20%7C%20click

KLG just formed a JV with WALLBRIDGE  for the Detour EAST Property and MAY be on the look out for an investment to spice up their holdings . Rose would definitely spice up KLG. 

Hope management approaches them if other sources of capital underperform. In the meantime, I certainly enjoy our new price level. 
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