Recently Expanded Bounty Lake Lithium Project The commodity sector has been hot for the past year, even before the conflict in Ukraine, prices and demand grew for many commodities. This current market environment is becoming increasingly important to gain exposure to the commodity side of the market rather than big tech/blue-chip companies.
$MANN.C (Manning Ventures) is a company that provides a rather diversified approach to the mining industry. They hold interest in many projects spanning from high-grade iron ore to gold and lithium. One of their impressive projects that I want to focus on for now is the Bounty Lake lithium project.
- Recently staked an additional 55 mineral claims spanning 2,555 hectares (total size is now 7,544 containing 144 mineral claims)
- In a well-known lithium district alongside other large-scale deposits (Whabouchi Lithium Deposit of Nemaska Lithium, Rose Lithium-Tantalum Deposit of Critical Elements Lithium Corp, and Allkem’s James Bay Project)
- The upcoming property exploration program will consist primarily of mapping and sampling of the newly identified target areas.
With exploration at the Bounty Lake lithium project set to commence next month, I'm excited to see some catalyst results from the samples in the near future. Hopefully, we’ll be able to see what the property has in store for us with good results. The diversification and upside this company has to offer are far greater than industry peers. Only a $4.6M market cap at this level, and with the current rising prices of lithium and other minerals, it's definitely worth keeping an eye on $MANN.