EEE Exploration Corp. is a mining exploration company focused on the acquisition and development of battery, base and precious metal mining properties.
EEE Exploration Corp. ( EEE:CSE ) is very pleased to announce that it has entered into an option agreement with Noranda Royalties Inc. pursuant to which EEE has an exclusive and irrevocable option to acquire up to a 100% interest in 41 mining claims covering 2,100 hectares (21 km2) (the “Property”)adjacent to Patriot Battery Metals’ project and less than 2.0 km south from Patriot’s newly significant lithium discovery. The Lithium Grande 4 project is located 6 km south to the regional and all-weather Trans-Taiga Rd. and powerline infrastructure and 30 km from the LG4 airport within the James Bay region of Quebec.
The Property is comprised of a total of 78 mineral claims covering a total area of 3,996.67 hectares (40 square kilometers) adjacent to Patriot Battery Metals' project and less than 2.7 km south-south-east from Patriot's newly significant Corvette’s lithium discovery. The MegaLi project is also adjacent to EEE’s newly acquired Lithium Grande 4 project and located sixteen km south to the regional and all-weather Trans-Taiga Road and power line infrastructure and 45 km from the LG4 airport within the James Bay region of Quebec.
The Byron Pegmatite Project claims are accessible by Ontario Highway 17 and logging roads and trails. Initial prospecting by the Optionors has identified new occurrences of granitic pegmatite float found within an existing aggregate quarry on the Property. The identified pegmatites host the following coarse-grained pegmatitic minerals: biotite, muscovite, garnet, quartz, and feldspar. EEE Exploration is confident it has secured a highly prospective project and is eager to develop an exploration program in order to evaluate this underexplored pegmatite-bearing and potentially lithium-bearing project. EEE has the option to acquire a 100% interest in 46 unpatented mining claims collectively known as the Byron Pegmatite Project located in the Trewartha Lake area of North Western Ontario, close to Thunder Bay.
The 550-acre Barbara Lake property is located in the Thunder Bay South Geological district approximately 1.6 km south of the west end of Georgia Lake and is accessible via logging roads. The Barbara Property is centered on the historical Niemi lithium and rare-earth pegmatite occurrence which was discovered in 1955. The Niemi occurrence is hosted within a pegmatite body that has been outlined along strike for 420 ft, ranging in widths from 4.1 to 100 ft with two limbs resembling a “U” shape. The Eastern 300 feet of the identified pegmatite is spodumene-bearing, with the eastern-most 100 ft being well mineralized across the 100 ft width. Historical exploration drilling in 1955 totaled 35 short scout holes totaling 405 meters. Historic drillhole G-7 intersected 15.5 ft of pegmatite averaging 1.02% Li2O of which 5 ft contained 2.0% Li2O. More recent prospecting and sampling was conducted in 2009 by TNR Gold Corporation. Ultra-Lithium has recently begun drilling on its neighboring Georgia Lake Lithium Property (Ultra Lithium press release July 5, 2022) and the area has been very active for lithium exploration in recent years with Rock Tech Lithium and Imagine Lithium currently conducting significant drilling programs.
The 1,250-acre Ferdinand property is located 20km northwest of Slate Falls, Ontario and accessible by float plane or nearby logging roads. The property contains two known lithium-bearing pegmatite showings that assayed 0.5% Li and have not been followed. The property is centered on the Ferdinand Lake No 1 and No 2 mineral occurrences which are associated with pegmatites and gneiss-hosted quartz veins, containing anomalous to economic concentrations of molybdenum, lithium, and copper. The property has not had any significant exploration work conducted on it since 1982. The property is hosted within the Uchi Sub province which also hosts the McCombe Lake, and Root Lake lithium deposits now controlled by Green Technology Metals of Australia.
The Golden Moon property is located 5.5 kilometres south-west from downtown Chibougamau City, in the province of Québec, and contains the contact between a granophyre and an anorthositic gabbro which is included within the superior part of the Lac Doré complex. The eastern part of the project contains a showing where a quartz – chlorite – siderite – sulphide (pyrite and chalcopyrite) schist cuts an altered quartz – feldspar granophyric felsic rock. According to the Government of Québec (Bernier, 2015), the content of this showing, which was discovered by a prospector in the 1970’s, was unknown to the public until 2015. In 2015, the Government of Québec carried out a channeling sampling program on behalf of Bouchard and McCormick which consisted of one meter samples grading up to 7.6 g/t Au and 9.0 g/t Ag respectively. According to Bernier (2015), the mineralisation of the Demi-Lune showing exhibits many characteristics analogous to the former Obalski (Cu-Au-Ag-Zn) mine, located 2.5 kilometres to the east, which commenced production in 1946 and ceasing operations in the 1970’s.