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
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.
- 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.