Mosaic Minerals Corp. announces that it intersected in hole GA-23-13 a section of 159.5 meters grading 0.23% Ni including 96.5 meters grading 0.25% Ni and 51 meters grading 0.26% Ni. This hole is located on the Pike West showing, on the Gaboury project located in Témiscamingue, Quebec. Four holes for a total length of 1,120 meters were completed on this showing at the beginning of 2023. Three holes were drilled in the [...]
Mosaic Minerals Corp. would first like to congratulate the management of Patriot Battery Metals for the success it is achieving in the development of its Corvette project, in James Bay. Recent drilling results continue to demonstrate the importance of this project, which could eventually lead to a major lithium deposit. Mosaic, through its Pluton SM project located on the eastern edge of the Corvette project, is very [...]
Mosaic Minerals Corp. is pleased to report that 3,046,000 common share purchase warrants, with an exercise price of $0.10 issued on August 20, 2021, have now been exercised prior to their February 23, 2023, expiry. 271,000 common share purchase warrants, with an exercise price of $0.15 issued on February 23, 2021 , were also exercised. Additionally, 100,000 common share purchase options, with an exercise price of $0.095 [...]
Mosaic Minerals Corp. . After several acquisitions, Mosaic summarizes its portfolio of properties focused on lithium exploration located mainly in James Bay . All the exploration projects for lithium and strategic minerals held by Mosaic are located in a geological environment favorable to the discovery of spodumene pegmatites. Several indicators such as the presence of mica, tourmaline, beryl as well as anomalous indices [...]
Mosaic Minerals Corp. . "With Pluton SM and Lithium SM, the Mirabelli SM project, by its potential and its location, will be part of our targeted projects for exploration work in 2023. We are confident to find new indications as to the presence of lithium in this sector of the James Bay. Mirabelli SM is located in a favorable environment that already contains interesting indicators for the presence of lithium in the [...]
Mosaic Minerals Corp. . The Company proposes to amend the expiry date of 3,575,00 outstanding share purchase warrants that were issued pursuant to a private placement completed in February 2021. Each Warrant currently entitles the holder to purchase one common share in the capital of the Company at a price of $0.15 per share at any time prior to 5:00 p.m. on February 23, 2023 . Subject to Canadian Securities Exchange [...]
Mosaic Minerals Corp. announces the acquisition of 110 mining claims adjacent to the eastern edge of Patriot Battery Metals Corvette, located in James Bay, Quebec. Recent drilling on Corvette has intersected high grade Lithium . Covering an area of 5,650 hectares, these 110 claims constituting the Pluton SM project are located in an environment comprising granitic intrusives with the presence of biotite and muscovite, two [...]
Mosaic Minerals Corp. . Hole GA-21-06, located approximately 2.5 km east of Pike Centre, intersected a minor nickel zone which may be the continuity of the main zone. However, this section of ultramafic of more than 8 km associated with a strong magnetic anomaly, has only been the subject of a single survey. Further drilling will therefore be necessary to properly assess this sector of the magnetic anomaly. Also note that [...]
Mosaic Minerals Corp. is pleased to release the results of its annual general meeting of shareholders held on Tuesday, January 17, 2023 . A total of 9,359,331 common shares were represented in person or by proxy at the Meeting, representing 16% of the Company's issued and outstanding common shares. All directors nominated as listed in the information circular were re-elected, as shown in the following table below: Nominee [...]
Mosaic Minerals Corp. announces the upcoming start of a new drilling program of approximately 1,500 meters on its Gaboury nickel project, located in Témiscamingue, Quebec. According to 3D modelling, this program of four drill holes, which should begin around mid-January, aims to test different fold hinges associated with ultramafic units corresponding to a major EO magnetic anomaly of more than 8 kilometers. It will focus [...]
Mosaic Minerals Corp. is pleased to announce that it has closed a private placement , pursuant to which it issued 6,008,571 flow-through common shares of the Corporation at a price of $0.14 per flow-through share for aggregate gross proceeds of $841,200. All securities issued in respect of the Offering will be subject to a hold period of four months and a day ending April 21, 2023. The Offering is subject to final [...]
Mosaic Minerals Corp. is preparing an initial exploration program for the 2023 season to evaluate its lithium and strategic mineral projects located in Jamésie . These projects, which make up the company's lithium properties, cover nearly 20,000 hectares spread over six mining blocks, contain, according to the various data from the Quebec Ministry of Energy and Natural Resources , several geological indications favorable [...]
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