Stria Lithium Inc. announced today the closing of its non-brokered private placement for gross proceeds of up to $650,000. The Company issued 13,488,000 common shares at a price of $0.05 per common share. The Company paid a finder's fee of $31,470 and the common shares will have a hold period of four months and one day until July 8, 2025. The net proceeds of this financing will be used for the Company's working capital [...]
Stria Lithium Inc. announces the termination of its Jeremiah Project in Quebec's Abitibi region. Initial stripping and sampling did not provide sufficient evidence of lithium-bearing pegmatites to justify further exploration. The Jeremiah Project, comprising 12 titles over 683 hectares, was strategically located at the periphery of the LaMotte Batholith. Despite its proximity to known lithium deposits, recent fieldwork [...]
Stria Lithium announces that its Board of Directors today granted stock options in respect of an aggregate of 300,000 common shares. The exercise price of the options is $0.17 per share. The options will expire on October 16, 2027. The options were granted under Stria' Incentive Equity Plan. Of the total of 300,000 options granted, 200,000 options were granted to Stria' Directors. All options granted will vest [...]
Stria Lithium Inc. announces its decision to discontinue its acquisition of the Pontax II property, located in the James Bay region of Quebec, pursuant to the two mineral property acquisition agreements dated April 24, 2023 and May 1, 2023 respectively. The decision follows a comprehensive evaluation of the property, which was aimed at identifying lithium deposits and investigating high tantalum till samples previously [...]
Stria Lithium Inc. is excited to announce the launch of its latest exploration initiative at recently acquired project Jeremiah, situated just 18 km from Sayona's North American Lithium operation-the largest source of hard rock lithium production in North America. Building on promising preliminary data, Stria Lithium's current focus involves comprehensive stripping and channel sampling of exposed pegmatite outcrops. This [...]
Based on a cursory examination of official information, at least five jurisdictions are seen to have lithium projects in Canada: Québec, Ontario, Manitoba, Alberta, and Saskatchewan. Globally, Canada appears in eighth position in lithium resources and sixth place in lithium reserves. There is no doubt that the potential of lithium in Canada is great. However, it all indicates that we will still have to wait for a [...]
Stria Lithium is pleased to announce that it has successfully optioned 12 titles totalling 683 hectares in the lithium rich Abitibi region. Stria's successful 100% optioning of the property is an exciting opportunity to follow up on a recently discovered spodumene-bearing pegmatite, considered a genuine lithium-cesium-tantalum-bearing pegmatite, exposed in the center of the property, which returned 0.54% Li2O from a grab [...]
Stria Lithium is pleased to announce the appointment of Donald Birak as a new Director of the Company. Donald J. Birak is a senior geologist with over 45 years of experience in the minerals industry. Mr. Birak currently consults on mineral property evaluation, regulatory compliance, and greenfield/ brownfield exploration programs. Mr. Birak has and continues to serve on numerous boards of publicly traded mining companies [...]
Stria Lithium is pleased to announce the appointment of Larry Segerstrom as a new Director of the Company. Mr. Segerstrom is a bilingual senior mining professional with more than 37 years of exploration, operations, and business experience. His past management positions include COO of Paramount Gold and Silver Corp. in Mexico, and Manager of Geology of the Grasberg Mining District for Freeport-McMoRan in Indonesia. Mr [...]
Stria Lithium is pleased to announce drilling has recommenced at its Pontax Central joint venture project. Stria lithium's joint venture partner Cygnus Metals has recommenced drilling at Pontax Central. The drill program aims to test the extent of known mineralization through step out drilling. Stria's joint venture partner Cygnus Metals has a maiden JORC inferred resource Estimate of 10.1Mt at 1.04% Li2O based on the [...]
Stria Lithium is pleased to provide an update on its previously staked claims. Stria lithium had previously staked 3 blocks of claims based on Tantalum anomalies as per its press release dated July 2023. In regards to block 1 all the claims were accepted by the ministry and now this block is comprised of 31 claims. Block 2 consisting of 30 claims were also accepted. In regards to Block 3 Stria had initially staked a total [...]
Stria Lithium is pleased to announce that exploration work has commenced on its Pontax II lithium project aimed at following up on its previously released high grade Tantalum sample anomalies. Due to the forest fires this summer in Quebec access was restricted to our Pontax-II property delaying our summer geological work program. With the recent opening of the Billy Diamond highway and of the KM381 Truckstop , Stria has [...]
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