Nemaska Lithium Signs Deal for Sale of Sirmac Property to Abe Resources and Receives Mining Lease for Whabouchi Lithium Mine
On December 14, Nemaska Lithium Inc. issued a press release announcing the signing of a definitive agreement for the sale of its 100% interest in the Sirmac Lithium Property to Abe Resources, a mineral resource company specializing in the acquisition, exploration and development of mineral properties. The Sirmac Property consists of 24 mining claims covering a total area of approximately 1,100 hectares located approximately 180 kilometres northwest of Chibougamau, in the province of Québec.
Nemaska Lithium also announced that the Ministère de l'Énergie et des Ressources naturelles [Québec department of energy and natural resources] has issued a mining lease for the Whabouchi Lithium Project. The lease comprises the mining and surface rights necessary to exploit the Whabouchi deposit, and is valid for an initial period of 20 years.
Read the full press release here.