Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Eureka Lithium Corp C.ERKA

Alternate Symbol(s):  UREKF

Eureka Lithium Corp. is a junior mining company. The Company is focused on lithium exploration with assets in the Nunavik region, Quebec, Canada. The Company owns 100% ownership of three projects comprising 1,408 square kilometers (km2) in the Raglan West, Raglan South, and New Leaf Lithium Camps. In Raglan West the Company owns approximately 443 sq. km claim block located approximately 35 km southwest of the community of Salluit. In Raglan South the Company owns approximately 229 km2 claim block. The Company owns approximately 736 km2 covering multiple claim blocks, including the Zig Zag Property, in the New Leaf Camp situated approximately 120 km southwest of the community of Tasiujaq and 350 km south of Raglan South. It also has an agreement to acquire the La Motte lithium project near Val D'Or, Quebec.


CSE:ERKA - Post by User

Bullboard Posts
Next >>
Post by toasted101on Apr 19, 2023 11:01am
341 Views
Post# 35402971

SCOUT MINERALS--SCTM-CSE WILL QUICKLY BE DRILLING

SCOUT MINERALS--SCTM-CSE WILL QUICKLY BE DRILLING

SCOUT MINERALS--SCTM-CSE

 

WILL QUICKLY BE DRILLING

 

SHAWN RYAN'S NEW LITHIUM PLAY

 

Listen to audio here

I’ve led you right to the biggest bullseye in Quebec--Scout Minerals (SCTM-CSE).

 

This is Shawn Ryan’s BIG ground floor lithium play that is about to go into high gear. He has a veritable ARMY of personnel to go after a district lithium play in the coming weeks. 

 

With much of the highest concentration of THE highest grade lithium sediment samples in all of the Quebec gov't database--(Quebec took an incredible 130,000 samples!), Scout has a huge head start in finding a very large, very high grade lithium play.

Ryan only staked ground that had A LOT of reported lithium from that huge gov't survey--with lake sediment samples running up to 60 ppm (parts per million) which puts it in the 99.5% percentile of the entire provincial dataset.  There are 130,000 lithium samples in the Quebec database!! Nobody else thought to do this work.

 

There is only a VERY SMALL PATCH of Quebec known to have high concentrations of these high grade lithium sediments—and Scout has them. Scout Minerals’ 1,399 km2 land package is only 0.0009% of Quebec’s 1.54 million km2.

 

Shawn Ryan and Scout Minerals have literally found the needle in a haystack! 

 

“The density of this geo-chemical surveying, this very high level of geo-chemistry, 99.5 percentile is something that you've hardly ever seen before,” Ryan told me in an interview recently.

 

“The scale and size of these pegmatites (the host rock for lithium--KS) is unbelievable. We are thinking that this has the ability to be a crazy dense version of mineralized dikes.

 

“We think this is going to be a camp and there's going to be multiple discoveries here.”

 

Ryan has been so successful because he thinks differently, and does his homework. And he partnered with Scout Minerals—a stock with only 15 million shares out.

 

You read that right—Shawn Ryan’s entire favourite land package—all his research, all his time—is going into a tiny company with ONLY FIFTEEN MILLION SHARES OUT.  Land with Mega-value potential and micro-cap valuation.

 

This land package is a geologist’s dream! With all the Quebec gov’t sampling—130,000 of them--you KNOW there is high grade lithium all over the place. That’s a great place to start.

 

There’s almost 24 hours of daylight in the summer to cover ALL the ground quickly. There’s no overburden! You can see the outcropping rocks out in the open for miles and miles and miles!

 

Field workers fan out across this land with hand-held XRF technology (X-Ray Fluorescence) and can test if there are indications of lithium in any pegmatite dykes they find.

 

If yes, they keep following that dyke taking sample after sample. XRF is a very cool tech, which can speed up discovery dramatically. Scout will also bring in a special low-cost drill that uses no water—keeping permitting, costs and environmental footprint to a minimum.

 

So much outcrop. So much daylight. So much high-tech. When it starts, it will happen fast.

 

The other good thing here? The Quebec gov't refunds 40% of the exploration dollars here. For every $10 million spent, they get $4 million back--enough to fund almost an entire season of exploration! There are few (if any) other places on earth that financially supports mining that much! This is HUGE for shareholders.

 

Folks, you really don’t need to know anything else. 

 

I will tell you one more thing—this is one of the best geological detective stories I’ve ever written about. 

 

Ryan went through all the data—that’s available to everybody—and parsed it in a way nobody else did. He found the high-grade lithium concentrations—that happened to be in a completely new district where nobody was looking.

 

And it was all close to a port, close to a mine, with no overburden, just sitting out in the open. All the clues were in plain sight, but only he did the work to find them and the thinking to put it together.

 

This stock has not had any kind of run up. Scout just announced they had acquired Ryan's large, high-grade property package a few days ago.  This is the first week on a stock with only 15 million shares out partnered with one of the world's most successful prospectors on one of his most exciting geological stories EVER.

 

I have led you to the EXACT place where Shawn Ryan is investing and exploring. He believes he has the biggest lithium bullseye in Quebec. He has put these properties into Scout Minerals, and is heading up the work program to turn these incredible targets into several bona fide new lithium discoveries.

 

It’s going to be a very exciting summer for shareholders of Scout Minerals.

Scout Minerals has reviewed and sponsored this article. The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter.

 

Keith Schaefer is not registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. He is also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.


Bullboard Posts
Next >>