Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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.

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Critical Elements Lithium Corp > A couple of things I noticed..

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Comment by BluePillon Jan 19, 2021 10:57pm

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RE:RE:A couple of things I noticed..

Thanks. So I am confused between the 30 days and 90 days timeline mentioned. Your thoughts?

kakoo88 wrote: Oops, sorry I meant to write our next step should be to receive the draft environmental assessment
We already received the draft environmental statement and had public consulation on it.

You can find the steps to the whole process at this LINK

I believe we are at the end of Step 3.

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I thought I would share.

The update we saw today from the IAAC was actually sent to CRE on January 14.
LINK TO IAAC LETTER

The very next day Comex issued their press release dated January 15.
LINK TO COMEX PRESS RELEASE

It's almost like Comex were waiting for the federal government to confirm that the documents submitted to them were complete to move on with their process.
We don't see it directly, but all this government bodies are working together.

Our next step should be to receive the draft envronmental statement.

When looking at our neighbours (Nemaska) processing timeline, it seemed to me like they had to have a hearing on the draft environmental assessment that was issued to them.
Will CRE need another hearing or will the Pikhuutaau agreement signed with the CREE nations of Eastmain play in our advantage. TIme will tell.

Another point I wanted to highlight is the comments from JSL on the last news release

“The economy of tomorrow will be driven by strategic sectors, like the electric vehicles and batteries sectors. This vision aligns perfectly with our vision to become a large responsible supplier of lithium to the flourishing electric vehicle and energy storage systems industries. We represent perfectly sustainable development with our project that is, not only good for the environment, but that is good for the development of local communities,” concludes Jean-Sbastien Lavalle.

This comment really feels like it's addressed to the European Car Manufacturers of this world. I really think a company like VW could use some CRE mined lithium to wash off their Dieselgate scandal.

At this stage, we can only speculate and hope for the best.

Cheers to all longs!