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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

Post by illusion81on May 28, 2023 10:02pm
343 Views
Post# 35468218

Working back from September's "conservative" timeline

Working back from September's "conservative" timelineNext week we enter June, which leaves 3 months before we hit CRE''s own proclaimed conservative timeline.  I believe there are a number of posters on this board that are either involved in some way in the business of mining or are at least pretty well versed in it from other investments and research.  With this being the case, I wanted to put out the question to this group around when would be the absolute latest that CRE would need to be financed to keep their current timeline in tact?  If they want to be stripping trees in September, then I think it's only logical that they have to have purchased machines and have secured a labour force to this work.  What else is needed?  A make shift camp of sorts for the workers?  How late can they wait to secure all this?  I don't believe there was any mention from management to get this work started prior to securing a partner and financing.  So if this is true and if it takes "x" weeks/months on average to get the right man power and machinery on the ground to get the work started, then by knowing "x" we should be able to determine what is the latest date by which they need to have the partner and financing in place.  Any educated guesses for what "x" is equal to are welcome.
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