Sirmac Lithium

The 645 hectare 100%-owned Sirmac Lithium Project is comprised of 15 contiguous claims accessible from a secondary road via the all-weather Route du Nord and located 110 km north of Chibougamou, Quebec. The claims were acquired by map-staking in 2007.

View Technical Report

The project is covered by quartz-biotite-hornblende schists intruded by over a dozen spodumene-rich granitic pegmatite dykes containing a high concentration of lithium. Dykes range from 1 to 120 meters in thickness and can be followed over a strike length of 500 meters. A historical resource estimate, done in 1994, yielded an uncategorized mineral inventory of 288,770 tonnes at 2.04% Li2O in Dyke #5 only (source: Ministère des Resources naturelles et de la Faune du Québec (MRNF); GM-53771, non-NI 43-101 compliant). Three other dykes on the Sirmac Lithium Project are known to be of economic interest.

An evaluation study performed by a consulting firm in 1994 (source: MRNF; GM-53768) concluded that the historical resource estimate of the deposit was conservative, since only the first 40 meters of vertical drilling were included in the historical estimated resource calculation of Dyke #5 and the mineralization is still open at depth and on strike. The consulting firm also recommended the realization of a feasibility study on this project.

Everton is currently studying strategic opportunities to add value to this high-grade lithium project.