Megawatt Lithium and Battery Metals Corp. is pleased to announce it is moving forward with a field program at the recently acquired Route 381 Lithium Project comprised of 40 mineral claims located in James Bay Territory, north of Matagami in the Province of Quebec, and covering 2,126 hectares. The project benefits from excellent logistics with adjacent Hydro power available and road access. Grab samples of up to 2.77% Li2O are reported.
The work will consist of a prospecting, mapping and channel sampling program focused on the previously identified spodumene bearing pegmatites. The program will also involve regional exploration to identify additional lithium bearing pegmatites.
David Thornley-Hall, Chief Executive Officer commented: “We look forward to reviewing the results of our seasonal exploration work at Route 381. We were attracted to the project by its nature in Quebec’s hard-rock lithium district with a number of actively advancing lithium projects in the vicinity.”
Mr. Geoffrey Reed (MAusMM (CP)) (MAIG), Consultant for the Company, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure or Mineral Projects and has reviewed the scientific and technical information in this press release.
About MegaWatt Lithium and Battery Metals Corp.
MegaWatt is a British Columbia based company involved in the acquisition and exploration of mineral properties in Canada. The Company holds a 100% undivided interest, subject to a 1.5% NSR on all base, rare earth elements and precious metals, in the Cobalt Hill Property, consisting of eight mineral claims covering an area of approximately 1,727.43 hectares located in the Trail Creek Mining Division in the Province of British Columbia, Canada.
Additionally, the Company has acquired a 60% interest in a company that indirectly holds a 100% interest (subject to a 2% NSR) in two prospective silver-zinc projects in Australia, being the Tyr Silver Project and the Century South Silver-Zinc Project (see press release dated August 13, 2020), an indirect 100% interest (subject to a 1% NSR) in and to certain mining tenements in Northern Territory and New South Wales, Australia prospective for nickel-cobalt-scandium and rare earths and a 100% interest (subject to a 2% NSR) in and to the Route 381 Lithium Property, comprised of 40 mineral claims located in James Bay Territory, north of Matagami in the Province of Quebec, covering 2,126 hectares (see press release dated February 3, 2021).
Investors can learn more about the Company and team at https://megawattmetals.com.