Comet Lithium is pleased to announce the launch of its 2025 exploration program at its Troilus East Property. This year's program will build on last year's groundwork by incorporating advanced geophysical techniques to refine the exploration model and prioritize high-potential targets for gold and copper mineralization. The versatile time-domain electromagnetic survey will be conducted in collaboration with [...]
Comet Lithium is pleased to announce that it has held a closing of a non-brokered private placement in which it issued 3,202,419 "flow-through" common shares at a price of $0.26 per Flow-Through Share, for aggregate gross proceeds to Comet Lithium of $832,629. Comet Lithium will use the proceeds from the sales of the Flow-Through Shares on its mining properties in Québec, and on other critical mineral prospective [...]
Comet Lithium is pleased to announce that it has signed a non-binding letter of intent with Puma Exploration to sell its non-controlling interests in the Northwest and Grog Properties. Transaction Details Comet Lithium's non-controlling interest in the Properties encompasses a land package of approximately 6,800 ha across 8 claim blocks within the McKenzie Gold Project. Located 10 km east of St. Quentin in northern New [...]
Comet Lithium is pleased to announce the results of its large-scale surface exploration program conducted at the Corporation's Troilus East Property. "We're excited by the potential we're seeing at Troilus East. The summer exploration program successfully identified promising targets on wide line spacing, laying the groundwork for more focused and dense sampling in future phases," commented Vincent Metcalfe, President [...]
Comet Lithium is pleased to announce the results of the maiden reconnaissance exploration program conducted during the summer at the Corporation's Mercator property. Mercator Fieldwork and Results Dahrouge Geological Consulting was commissioned to carry out fieldwork at the Mercator Property, accompanied by Comet Lithium's VP of Exploration, Vincent Cardin-Tremblay. The fieldwork, conducted over two days in June 2024 [...]
Key results include 4.82 g/t gold over 4.5 metres in channel sampling New results include samples up to 1.57% Li2O from rock outcrop Highlights: Significant gold surface assay results, including 4.82 g/t gold over 4.5 metres in channel 10 at the Golden Butterfly showing. Grab sample G722441 with 8.96 g/t Au in an altered iron formation. Grab sample of 1.57% Li2O from rock outcrop. New soil sampling program completed - two [...]
Assays reveal strong potential for LCT bearing pegmatites Stardust Dyke identified in southeast Highlights: Completed two weeks of fieldwork at the Liberty Property. Collected and sent 127 rock samples to the laboratory for assaying. Two highly prospective zones have been identified: one along strike with Adina East and another in the southeastern portion of the Liberty Property, where additional outcrops and boulders [...]
Fieldwork commenced at the Troilus East Project. Till sampling crews have been mobilized to the camp and have begun work. The plan is to collect a total of 950 till samples from areas up-ice of identified lithium, copper, and gold anomalies. The geology team will start boulder and outcrop prospecting. A total of 31 traverses are planned for the program. Fieldwork is expected to be completed by early September, with lab [...]
Comet Lithium is pleased to announce that it has closed the previously announced transaction with Troilus Gold Corp., whereby it has acquired three prospective lithium projects from Troilus Gold for total consideration comprised of 1,500,000 common shares of the Corporation, the grant of a 24-month participation right to Troilus Gold allowing Troilus Gold to participate in any equity financing in order to maintain its [...]
Highlights: Agreement signed to acquire three prospective lithium projects in the James Bay region. The Mercator Project, located east from Comet's Liberty and Winsome Resources' Adina Projects and adjacent to the Tilly Project. The Monarch Project, on strike with Cygnus Metals' Auclair pegmatites discoveries Auriga, Lyra & Pegasus. The Elmer East Project, located 20 km north-east of Arcadium's James Bay deposit and next [...]
Field work to commence on June 4th at the Liberty Lithium Property with Dahrouge Geological Consulting Ltd. Comet will complete an intensive and focused exploration program with a total of 32 planned traverses, with 20 being high priority targets. A 14-day program with 3 skilled teams, with Comet's VP Exploration, Vincent Cardin-Tremblay also participating in the exploration efforts. Comet Lithium is pleased to announce [...]
Comet Lithium is pleased to announce that at its annual and special meeting of shareholders held earlier today, Comet Lithium's shareholders elected Vincent Metcalfe, Sylvain Champagne, Jordan William Potts, Paul Blatter, Jamie Flegg and S. Mitchel Wasel as directors of Comet Lithium. Following the Meeting, Comet Lithium's Board of Directors re-appointed Vincent Metcalfe as President and Chief Executive Officer of [...]
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