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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 dalesio_98on Jun 13, 2022 11:44am
169 Views
Post# 34752164

RE:RE:RE:RE:RE:RE:News out

RE:RE:RE:RE:RE:RE:News out
Wheeler wrote: Where in this NR do they suggest that they will finance only with equity? I'm not following your logic.


Highlights Average production, Year 2 to Year 16 of 173,317 tonnes of chemical grade 5.5% spodumene concentrate Average production, Year 2 to Year 16 of 51,369 tonnes of technical grade 6.0% spodumene concentrate Average production, Year 2 to Year 16 of 441 tonnes of tantalum concentrate Expected life of mine of 17 years Average operating costs of US$74.48 per tonne milled, US$540 per tonne of concentrate (all concentrate production combined) Estimated initial capital cost $US$357 million before working capital ** 100% equity basis for project **
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