DISCOVERY LITHIUM INC.


Associated tags: Lithium, OTC, FRA, Gold, CSE, News, DCLI, National Instrument 43-101, National instrument, QP, Rare-earth element, LCT, Rubidium, Caesium, Route du Nord, Nemiscau, Magnetism, Nemaska Lithium, Pluton

Locations: LEAF RIVER, VANCOUVER, BC, CA, BRITISH COLUMBIA, NORTH AMERICA, QUEBEC, NEVADA

Discovery Lithium to Acquire Private Lithium Explorer Midex Resources

Retrieved on: 
Thursday, March 21, 2024
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VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTCQB: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that the Company has signed a letter of intent (“LOI”) to acquire a 100% interest in Midex Resources, a Canadian lithium exploration company.

Key Points: 
  • VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTCQB: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that the Company has signed a letter of intent (“LOI”) to acquire a 100% interest in Midex Resources, a Canadian lithium exploration company.
  • Discovery Lithium to acquire 43,000-hectare land position in known li-bearing pegmatite fields with resources within northwestern Ontario.
  • Midex is led by CEO David Jamieson, who has established a team of experts to build Midex into a leading private exploration company.
  • Discovery Lithium and Midex expect additional synergies to be created through the proposed Transaction by strengthening both the team and property portfolio of Discovery Lithium.

Discovery Lithium Announces the Commencement of OTCQB Trading

Retrieved on: 
Friday, March 8, 2024
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VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (OTCQB: DCLIF) (CSE: DCLI) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that its common shares are now trading on the OTCQB Venture Market (“OTCQB”) under the symbol “DCLIF” in the United States.

Key Points: 
  • VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (OTCQB: DCLIF) (CSE: DCLI) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that its common shares are now trading on the OTCQB Venture Market (“OTCQB”) under the symbol “DCLIF” in the United States.
  • This strategic move reaffirms Discovery’s commitment to expand its global presence and visibility to investors.
  • “This move signifies our commitment to better serve U.S. investors and expand our global presence.
  • We're dedicated to delivering value and innovation in the lithium sector, with a focus on growth in the United States and beyond,” stated Company President and CEO, Mr. Michael Gheyle.

Discovery Lithium’s 2023 Exploration Program Sets the Stage for 2024

Retrieved on: 
Friday, March 1, 2024
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VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide the following summary of its recently concluded 2023 exploration program in the province of Quebec.

Key Points: 
  • VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide the following summary of its recently concluded 2023 exploration program in the province of Quebec.
  • All outstanding results from 2023 have been received and are being interpreted by Discovery Lithium’s exploration team.
  • Company Technical Director Dr. Jacob Verbaas, P. Geo states, “We expect 2024 to be an exciting year for the Company.
  • The Phase 2 exploration programs are expected to outline drill targeting and drilling in the latter half of 2024.

Discovery Lithium Commences Field Exploration in James Bay Region

Retrieved on: 
Tuesday, November 7, 2023
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VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce it has commenced a field exploration program at its Route Du Nord project in the prolific lithium district of the James Bay region of Quebec.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce it has commenced a field exploration program at its Route Du Nord project in the prolific lithium district of the James Bay region of Quebec.
  • The Valiquette Pluton lies within Discovery’s James Bay claim area.
  • “An exploration crew provided by GroundTruth Exploration is currently sampling and prospecting for lithium and will be on-site for approximately ten days,” advises Michael Gheyle, President, and CEO of Discovery Lithium.
  • “This comprehensive first pass of exploration on a project never previously explored for lithium will serve to identify prospective areas and targets for potential follow-up exploration.

Discovery Lithium Confirms Multiple Surface Pegmatites at Eastern Quebec Property

Retrieved on: 
Tuesday, October 31, 2023
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VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery is pleased to announce the verification of lithium prospective surface pegmatites at its recently acquired Lac Belanger and Lac Ferland claims in Eastern Quebec.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery is pleased to announce the verification of lithium prospective surface pegmatites at its recently acquired Lac Belanger and Lac Ferland claims in Eastern Quebec.
  • These minerals are indicative of a high degree of fractionation, a sign that spodumene may be present in the pegmatite or other pegmatites in the immediate vicinity.
  • Figure 1 - Discovery Lithium Large Pegmatite Outcrop, Lac Belanger, QC
    “The verification of these potential pegmatites at our recently acquired Lac Belanger and Lac Ferland claims is an exciting development for the company,” said Michael Gheyle, President, and CEO of Discovery Lithium.
  • Pegmatites are described in the region by the geological survey of Quebec and were mapped to the south along the coast where mapping occurred in detail.

Discovery Lithium Initiates Follow-Up Program on Vaubert Lake Lithium Target

Retrieved on: 
Tuesday, October 24, 2023
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VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery is pleased to announce that as a result of encouraging preliminary results of its initial late summer sampling and mapping campaign in the northern Quebec region of Nunavik, the Company has elected to undertake an immediate 3-day-follow-up program on key Vaubert Lake claim targets of interest.

Key Points: 
  • During phase one of its growing multi-phase strategic exploration plan, the Discovery field team identified anomalous data occurrences considered highly prospective for lithium.
  • Per the initial sampling, all new samples from the follow-up program will also be sent to SGS Laboratories for analysis.
  • “The team’s efforts have allowed us to efficiently cover the entire Vaubert and Serindac Lake Projects in our quest for the next large lithium discovery in Quebec.
  • Discovery Lithium’s massive claim holdings are located directly upon some of the highest lake bottom sediment anomalies in the entire province.

Discovery Lithium Provides Project Overview

Retrieved on: 
Thursday, October 12, 2023
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VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (the “Company” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide a summary of recent project acquisitions in Quebec’s booming lithium sector.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (the “Company” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to provide a summary of recent project acquisitions in Quebec’s booming lithium sector.
  • Company President & CEO Michael Gheyle advises, “2023 has been an eventful year for Discovery Lithium as we progress and build out our footprint as lithium explorers in Quebec.
  • Over the summer, Discovery Lithium engaged Ground Truth Exploration to deploy experienced research teams onto the Nunavik properties for an extensive mapping and sampling campaign.
  • These estimates should not be relied upon for assessing the merits of the Discovery Lithium properties.

Discovery Lithium Closes on James Bay & Eastern Quebec Pegmatite Exploration Claim Acquisitions

Retrieved on: 
Tuesday, October 3, 2023
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The fault acted as a pathway for LCT pegmatite melt at the Whabouchi project and may host other LCT pegmatites along strike.

Key Points: 
  • The fault acted as a pathway for LCT pegmatite melt at the Whabouchi project and may host other LCT pegmatites along strike.
  • Lithium in lake sediments on the claims is up to 15 times enriched with respect to the immediate surroundings.
  • Company President & CEO Michael Gheyle states, “Today we celebrate another milestone as we build our lithium exploration land position across Quebec.
  • Our exploration and investment opportunities have grown considerably as we execute our district-scale approach to discovery in the explosive domestic lithium sector.

Discovery Lithium Adds James Bay Claims and Appoints Directors

Retrieved on: 
Tuesday, September 19, 2023
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Company President & CEO Michael Gheyle states, “Todays announcement reflects our ambition to build a robust portfolio of prospective lithium claims in the province of Quebec.

Key Points: 
  • Company President & CEO Michael Gheyle states, “Todays announcement reflects our ambition to build a robust portfolio of prospective lithium claims in the province of Quebec.
  • We are excited by our opportunity for discovery in Nunavik, and equally thrilled to have an opportunity to explore alongside some of the advanced plays in the James Bay region.
  • A diversified portfolio allows us to manage field crews, logistics, and economics as part of a larger strategic plan for the entire region.
  • We also welcome Jaap and Eric to our board who will help build our governance and policy oversight at this critical juncture of growth.

Discovery Lithium Provides Corporate Update

Retrieved on: 
Tuesday, September 12, 2023
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VANCOUVER, British Columbia, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: OJ5) (the “Company,” or “Discovery Lithium”), formerly “ISM Resources Corp.” advises that subsequent to its recent name change, the Company is pleased to announce the launch of its corporate website at www.discoverylithium.com and provides the following corporate update.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: OJ5) (the “Company,” or “Discovery Lithium”), formerly “ISM Resources Corp.” advises that subsequent to its recent name change, the Company is pleased to announce the launch of its corporate website at www.discoverylithium.com and provides the following corporate update.
  • World renowned Canadian prospector Shawn Ryan serves Discovery Lithium as a forcefully credible proponent for the region and its potential.
  • Using the historic data and known locations of unsampled pegmatites, Discovery Lithium can expedite its search for lithium-bearing pegmatites.
  • These estimates should not be relied upon for assessing the merits of the Discovery Lithium properties.