On November 29, FE Battery Metals Corp (CSE: FE) (OTCQB: FEMFF) announced it has entered into an agreement for the Rose West Lithium Property ("Rose West") in the burgeoning James Bay lithium region of northern Quebec.
The newly acquired land package consists of 32 mining claims within a premier lithium jurisdiction that currently hosts a number of advanced Lithium projects. The property sits within the Eeyou Istchee territory and is accessible by the James Bay Road that connects Matagami and Radisson (highway Route/109 from Val d'Or) as well as accessible by road via the Route du Nord, usable all year round from Chibougamau, QC.
The Rose West project covers approximately 1,695 hectares which sit directly adjacent to the claims of Critical Elements Lithium Corporation (TSX-V: CRE) which hosts their Rose Lithium deposit. The Rose Lithium mineralization is hosted by pegmatite rock and currently has Probable Reserves of 26.8 million tonnes at 0.96% Lithium oxide equivalent (Li2O Eq.) and a 17-year mine plan in place from their Feasibility Study of June 2022.
The Rose West property is underlain by similar geological rock units that occur at the Rose Lithium deposit and are comprised of the Archean Lower- Eastmain Group, consisting of volcano-sedimentary formational units and ultramafic to felsic intrusives. Gabbros, pyroxenites, and diorites cut across the Property and Pegmatites occur as irregular but generally continuous lenses within biotite schists.
Gurminder Sangha, CEO & Director states, "We are very excited to expand our large portfolio of quality Lithium projects within select districts of Quebec. Our next steps will include to plan a Phase 1 exploration program for Rose West which will include soil and rock geochemistry, geological mapping, trenching, and prospecting to evaluate the potential of lithium bearing pegmatites and other types of mineralization."