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Stria Lithium Inc V.SRA.P


Primary Symbol: V.SRA Alternate Symbol(s):  SRCAF

Stria Lithium Inc. is a Canada-based emerging resource exploration company developing Canadian lithium reserves to meet legislated demand for electric vehicles and their rechargeable lithium-ion batteries. The Company's projects include Pontax Central Project and Jeremiah Project. The Pontax Central lithium spodumene pegmatite dyke (LSPD) project is a joint venture project between Cygnus Metals 51% and Stria Lithium 49%, whereby Cygnus can earn up to 70% interest in the project. The project has approximately 68 contiguous map-designated claims, having a total area of 3,613 hectares (ha). The Jeremiah property consists of around 12 titles for a total 683 ha. The property is located near the village of St-Mathieu d'Harricana, and accessible through private forestry roads. Its Romer Polymetallic property consists of approximately 57 contiguous and two isolated map-designated mining claims, having a total surface area of 2,592.1 (ha). The property is an early-stage exploration project.


TSXV:SRA - Post by User

Post by ttfngentson Dec 14, 2021 8:33pm
169 Views
Post# 34231170

Pontax value

Pontax value

There is no need to speculate how far the pegmatite swarm extends to or the quality of future grading. Go with what you know already. sra mc has the potential to easily eclipse 50m. It sits at 4m. The potential upside is staggering when you consider 600m x 100m is the minimum strike.  

Now you know why insiders have been buying above the market. It's for all to see. We just have to read. 

"We are encouraged by the initial results from our first round of step-out drilling at the Pontax spodumene pegmatite prospect, which confirms the pegmatite swarm extends over a minimum strike length of 600 m and to a minimum depth of 100 m and is still open to the northeast," said Jeffrey York.

"Stria's management believes, given the drill results from the Pontax Project previously announced on December 2, 2021, that terminating the Transaction is in the best interest of the Company and its shareholders."

 

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