K9 Gold Corp V.KNC

RE:KNC.v Just Acquired Major Parcels beside Winsome Resources✅

[VbayNo2]

VbayNo2 wrote: look @ XTT this Am....Going Nuts...Market finally figuring out implications of HUGE WR1 results due in next 2 weeks....this Bodes extremely well for both KNC and XTT...

KNC.v Just Acquired Major Parcels beside Winsome Resources 

KNC.v Just Acquired Major Parcels beside Winsome Resources 

KNC.v Just Acquired Major Parcels beside Winsome Resources 5KM distance Proximity...

wow...KNC Just Acquired Huge Lithium Claims 5 KM Near Windsome WR1 Huge New Lithium Find...Plus Get this....KNC just closed a $2 Million PP at $0.16 recently 

BINGO.....
 

K9 Gold Corp
Symbol	KNC
Shares Issued	68,194,007
Close 2022-11-15	C$ 0.07
Recent Sedar Documents      View Original Document

 

2022-11-15 16:23 ET - News Release

 

Mr. Kosta Tsoutsis reports

K9 GOLD SIGNS SHARE PURCHASE AGREEMENT TO ACQUIRE THE JAMES BAY LITHIUM PROJECT, N. QUEBEC

K9 Gold Corp. has entered into an agreement whereby it has an option to acquire up to a 100-per-cent interest in the James Bay lithium project, located in the James Bay region of Northern Quebec.

The property comprises 41 mining claims, totaling 2114 hectares. The property is located approximately 350 km south-southeast of Radisson, Quebec. Other projects in the area include Patriot Battery Metals Corvette project located 50 km to the west and Winsome Resources Lithium Adina project located approximately 5 km to the east. The James Bay property is underlain by a package of Archaean rocks that is similar to the geological setting of the corvette and Adina projects.

About James Bay Lithium Project

The James Bay Lithium Project is located in the La Grande sub-province of the Archaean Superior Province in Quebec. The Trieste Formation, which hosts lithium mineralization on the adjacent Adina property, transects the James Bay project area. Within the property boundaries, this Meso-Archaean age formation is mainly an ensemble of mylonites and banded amphibolites derived from basalt, which have been intruded by various intermediate rocks. A significant band of tonalite, part of the Meso-Archaean age Kamusaawach Intrusion, cuts through the centre of the property. Also cutting through the claims is a band of the Neo-Archaean Richardie Suite, an intrusive biotite-magnetite-hornblende granodiorite. The northern portion of the property is underlain by the Neo-Archaean Sauvolles Pluton, which is mainly of granitic composition. There is also a prominent Paleoproterozoic-age mafic dyke (Senneterre dyke system) cutting through the north of the property with a NE-SW orientation


 

 Just the Chart Image for Printing

XTT Market Cap $5M…..WR1 Market Cap $167M 

 It’s going to be fun to see where the market takes this in the days and weeks ahead as of last night WR1 now has over a 167 million market cap with no signs of slowing down that’s very impressive considering no assays have been released yet.

2.5 KM distance along trend.......XTT is Now worth Multiples of current Mcap

(CNW Group/X-Terra Resources Inc.)

Winsome resources is drilling next to $XTT and there share price have gone up 100% in the past month $167 M mcap
 

With almost 5% Li at surface...drilling assays pending Outcropping to the surface XTT.v is probably one of the most leveraged li plays
 

NEW 52 Week High Today on Volume


 
Just the Image for Printing

From the KNC NR States:

Field work is set to begin on the property, with a program of outcrop sampling.