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The studies, which will be completed by consultants BBA, are an important step towards project development and will help outline the economic viability of the project’s mineral resources and identify key issues relating to project development.
BBA will prepare an Environmental and Social Scoping Report (ESSR), which is the initial requirement towards completing environmental baseline studies on the path to a Preliminary Economic Assessment (PEA). In addition to the ESSR, an initial geochemical assessment of the ore and waste rock will also be completed. This is a key requirement for mine permitting and plays an integral role in supporting mine planning and development at the PEA level.
These early-stage studies will be part funded by an approved grant of up to
The location of the
For complete release and further information please see link to full press release by Cygnus Metals below date
https://static1.squarespace.com/static/63db4e730ee40c06528839ff/t/64890f136de73e5f524b28a5/1686703893365/20230614+Pontax+Project+Studies+to+commence+ahead+of+Maiden+Resource.pdf
About
Lithium is a rare metal and an indispensable component of rechargeable lithium-ion batteries, one of the safest and most efficient energy storage technologies available today, used in everything from cellphones and power tools to electric cars and industrial-scale energy storage for renewable power sources such as wind and solar generation.
Stria’s CentralPontax
Stria’s Pontax property is situated close to an industrial powerline and a major paved highway, about 310 km north of the North American rail network that leads to the industrial heartland.
As momentum builds for the green energy revolution and the shift to electric vehicles, governments in
Cygnus Metals is committed to fully funding and managing the current two-stage exploration and drilling program to a maximum of
Stria is committed to exceeding the industry’s environmental, social and governance standards. A critical part of that commitment is forging meaningful, enduring and mutually beneficial relationships with the James Bay Cree Nation (Eeyouch), and engagingopenly and respectfully as neighbours and collaborators in this exciting project that has the potential to create lasting jobs and prosperity for Eeyou Istchee and its people.
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