Company to commence trading April 1, 2025 under ticker symbol DEMC Discovery Lithium Inc., is pleased to announce that it plans to change its name from "Discovery Lithium Inc." to "Discovery Energy Metals Corp." to reflect the Company's pursuit of potential critical mineral opportunities beyond lithium exclusively. The Company expects the Name Change to take effect at market open on April 1, 2025. The Company's common [...]
Discovery Lithium is pleased to announce the results of its 2024 Fall exploration program on its properties in the Eeyou Istchee James Bay region. These eight properties, acquired earlier in 2024, were targeted for their lithium-cesium-tantalum pegmatite potential. Highlights Identification of an LCT pegmatite geochemical signature on the Bruce Lake and Cirrus East properties, with fifteen sample returning favorable K/Rb [...]
Discovery Lithium is pleased to announce that it intends to complete a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.10 per Unit for gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share of the Company and one transferable share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of $0.15 per share [...]
Discovery Lithium is pleased to announce the closing of its previously announced non-brokered private placement pursuant to which the Company issued an aggregate of 10,000,249 units of the Company at a price of $0.055 per Unit for gross proceeds of $550,014.79. Each Unit consisted of one common share of the Company and one share purchase warrant, with each Warrant entitling the holder to purchase one Share at a price of [...]
Discovery Lithium is pleased to announce that it intends to complete a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.055 per Unit for gross proceeds of up to $550,000. Each Unit will be comprised of one common share of the Company and one share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of $0.10 per share for a period of [...]
Discovery Lithium is pleased to announce that, further to its press release dated July 16, 2024, it has closed its previously announced acquisition of two separate packages of mining claims generally known as the Eagle Lake claims and the Whitefish Lake claims, respectively. The Claims are comprised of 2,923 mineral claims covering approximately 61,093 hectares in Northwestern Ontario. Terms of the Acquisition Pursuant to [...]
Discovery Lithium is pleased to announce that it has entered into a definitive agreement to purchase a group of claims generally known as the Sakami and Radisson East Lithium Properties. The Sakami and Radisson East Lithium Properties The Sakami and Radisson East lithium Properties cover more than an 89.7km2 footprint within the prolific James Bay lithium district. The Properties are centered around regional Archean-aged [...]
Discovery Lithium is pleased to announce a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.10 per Unit for gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share of the Company and one share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of $0.15 per share for a period of 24 months from the date of [...]
Discovery Lithium is pleased to announce the appointment of Mr. Mike Hodge as President and Chief Executive Officer of the Company. Mr. Hodge is a distinguished executive in the field of mining exploration and development, with a career spanning over two decades. From the field to the boardroom, Mr. Hodge has demonstrated exceptional leadership in the mining industry, navigating complex challenges and driving strategic [...]
Discovery Lithium is pleased to announce that it has today entered into a definitive agreement to purchase two separate packages of mining claims generally known as the Eagle Lake claims and the Whitefish Lake claims, respectively. The Claims are comprised of 2,923 mineral claims covering approximately 61,093 hectares in Northwestern Ontario. Terms of the Acquisition Pursuant to sale agreement dated July 15, 2024 among [...]
~Company initiates preliminary assessment of newly optioned properties in James Bay~ Discovery Lithium Inc. , a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide the following summary of its upcoming 2024 exploration program in the province of Quebec. 2024 Lithium Exploration Discovery Lithium has contracted Dahrouge Geological Consulting [...]
~Agreement includes 7 prospective lithium projects in Quebec's James Bay region~ Discovery Lithium Inc. , a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that the Company has entered into an Earn-In Option Agreement with Apex Critical Metals Corp. and DG Resource Management Ltd. to acquire an 80% interest on the West James Bay property [...]