Quebec hosts several successful spodumene-rich pegmatite deposits in an area known as Canada’s lithium triangle.
Stria’s Pontax project is located in this richly mineralized area.
Canada’s lithium triangle is in Quebec, a jurisdiction favourable to development:
- Quebec’s heavy investment in its critical and strategic minerals (CSM) plan 2020-2025 offers incentives and grants to foster development
- Hydro-Quebec’s vast power grid of inexpensive, renewable energy (hydroelectric) enables low-cost production
- Developed network of roads and rails
- Access to deep-water ports
Pontax Central Project
The Pontax lithium spodumene pegmatite dyke (LSPD) project is a 100% owned property by Stria. It is located in the west-central Eeyou Istchee Baie-James (EIBJ) Territory in northern Québec.
Key facts:
- 68 contiguous map-designated claims (total area: 3,613 ha).
- Easy access – Route 109, a paved highway, is located 22 km to the west of the Property, and Chambois Lake, suitable for seaplane landing, is located 5 km to the east.
- A 735 KV power line, with a maintenance trail under it, is adjacent to the property.
- The Québec Government offers a financial framework of $90M for the 2020-2025 period to encourage the production of critical & strategic minerals needed for renewable energy.
- A $4,7 B infrastructure development plan for EIBJ Territory (road, rail, power, ports) announced in 2021 as part of the Grande Alliance Agreement between the Cree Nation and the Québec Government.
Project Jeremiah
Project Jeremiah is strategically located at the periphery of the LaMotte Batholith, straddling its northern contact with the Deguisier mafic volcanic formation and the sediments of the Caste Formation. The LaCorne Batholith is considered as related to the source of the lithium pegmatite currently mined by Sayona Mining at their North American Lithium Mine, 22 km east of Jeremiah, as well as their Authier project, 11 km to the southwest. All the numerous lithium occurrences in this area are located at the fringe of this intrusive, where the last differentiated magmas, such as lithium pegmatite, are injected.