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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corp is a Canada-based mining 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 246.55 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. The Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. The Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Post by Wasisnameon Jul 28, 2024 9:49am
242 Views
Post# 36151610

New investor presentation

New investor presentation

The new investor presentation, dated July 26, indicates "Critical Elements Lithium is aiming to achieve first production of spodumene at Rose in 2026" (see page 18). With a two year time line from tree clearing to construction completion, followed by six months commissioning and ramp up, that would indicate financing will have to be completed in the very near future. After having missed so many predicted timelines, I believe they have stated that they no longer intend to make preditions for timelines they can't control  (Eric, I believe has said that in interviews?). So is "aiming to achieve first production" something they actually think is achievable or is it just fantasy?

 

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