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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 tinker901on May 29, 2023 8:12am
152 Views
Post# 35468426

RE:Working back from September's "conservative" timeline

RE:Working back from September's "conservative" timelineThe tree clearing does not need that much preparation.

It is a rather inexpensive step that can be paid for with money already in the bank. Then, the trees are not what you would find in northern BC for example. (They are more like chopsticks, you have to glue two of them together to get a 2x4  )

I believe they can get food and board at a nearby camp for the workers to start that task while they setup a decent installation at the Rose site. ( there are many contractors that offer camp setups anywhere in the world )

So I am not sure if I am answering your question correctly, But I think that they need just a month of so after the financing to get that step (tree clearing) going.

Just how fast can they get the equipment and manpower to start the concentrator build is another matter. For sure, as we speak, a list of every critical piece of material has been looked into to be sourced rapidly. 

I think that the main hurdle is the "specialized workers". You cannot just snap your fingers to obtain these, and the hiring process can take a while.

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