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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 bigopson May 13, 2022 12:29pm
231 Views
Post# 34681958

RE:RE:RE:RE:RE:news out

RE:RE:RE:RE:RE:news outMy understanding is that this approval is typically sought and granted (though not always) AFTER full permitting has occurred. 

Once a project is permitted -- the ministry of the environment puts in place a rehab and restore program that needs to be bonded by a company -- only then does a mining lease get granted. Permits are different than a mining lease...you need permits and the rehab program to get the lease.

To my mind this signals that the Gov't is very interested in moving this forward....perhaps they too are waiting on the Comex.....

Seems like a very positive signal to me -- time will tell
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