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Arctic Fox Lithium Corp C.AFX

Arctic Fox Lithium Corp. is a junior mineral exploration company. The Company is focused on the acquisition and development of mineral properties containing battery, base and precious metals. The Company’s 2,756-hectare Pontax North Lithium Project (Pontax North) is located 12 kilometers (km) south of Allkem Ltd.’s (Allkem) James Bay Lithium Project and 12 km north of Stria Lithium Inc.’s Pontax Lithium Project, located in northern Quebec, approximately 130 km east of James Bay and the Cree Nation’s Eastmain community. Its 5,976-hectares Kana Lake Lithium Project is located 35 km north of the Fliszar lithium showing in the James Bay Region of Quebec. The 1,056-hectare Delta Lake Lithium project is located 55 km southeast of Allkem’s James Bay Lithium Project and 20 km north of Critical Elements Lithium Corp. (CEL) Rose Lithium Project located in northern Quebec. Its Spius Property comprises six mineral claims covering over 2,101 hectares located in Quesnellia Terrane, British Columbia.


CSE:AFX - Post by User

Post by StockHawk1on May 31, 2023 6:04pm
109 Views
Post# 35473748

Ford Seeks Quebec Based Lithium Company for Lithium Supply

Ford Seeks Quebec Based Lithium Company for Lithium Supply

Quebec-based company Nemaska Lithium has secured an 11-year agreement with Ford to sell its lithium products for use in electric vehicle (EV) batteries. Ford will purchase up to 13,000 tons of lithium hydroxide per year from the company's factory in Bcancour, Quebec. 


This is a clear example of an American EV manufacturer seeking out a Canadian company to meet its lithium supply needs. 


Arctic Fox Lithium Corp. (AFX.c) controls 3 lithium projects near James Bay, Quebec: Delta Lake, Pontax North, and Kana Lake. 


AFX plans to complete a ground survey on the project including geological mapping, prospecting, and soil & rock sampling this quarter. 


More info here: https://www.arcticfoxlithium.com/projects

 
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