Troilus

The Troilus Property consists of 81 continuous claims (covering approximately 4,405 hectares) located in the Lac Assinica section of the region of James Bay, approximately 105 km northwest of Chibougamau in the province of Quebec, Canada.

Sources: Quebec MERN Gestim, Quebec MERN Sigeom, ESRI Canada, ESRI

The Troilus Project is located in the western portion of the Upper Archean Frotet-Evans metavolcanic belt, Québec’s second-largest Archean greenstone belt, comprising the central part of the Opinaca Sub province.

The geology of the Property is relatively unexplored. The primary type of mineralisation suggested by the data and mineralisation on the adjacent properties is lithium-bearing spodumene which occurs in granite pegmatite and aplite dykes. Lithology of the property is Paragneiss and Gneiss rocks of Archean Age, which has been described as a medium- to high-grade metamorphic rock that commonly has a banded structure and is generally medium- to coarse-grained with poorly developed schistosity.

The Troilus Project is located approximately 5km north of the Moblan Lithium Project (Sayona Mining Ltd ASX: SYA). Vision Lithium Ltd (TSX.V: VLI) Sirmac Project and Winsome’s Sirmac-Clappier Projects are located approximately 25km west of the Troilus Project.

The Troilus Project is an early-stage exploration project with little exploration conducted so far. However, Lithium spodumene-bearing pegmatites have been identified on several Properties (Moblan, Sirmac-Clappier and Sirmac) which are all within the range of 5 – 30km.

It is recommended that the initial exploration should include project geological mapping, geochemical sampling, trenching and ground-based electromagnetic surveys to identify targets requiring closer detailed studies, including drilling where appropriate. Based on the initial program outcomes, Phase 2 exploration should include shallow drilling targeted at anomalies defined during initial exploration.