Largest Lithium Deposit Found In Americas

In the Tundra of Northern Quebec, where none had searched until recently, the Largest Lithium Deposit in the Americas was just found. On an icy terrain, the World’s most famous Ggold Prospector, Shawn Ryan, whispered “Wow.”

The Market Cap of the company behind that Discovery shot up over 100x on the News. Discovery Lithium Inc. And believes they’ve found a nearby formation that could be just as Large, and just as Valuable.

Using a combination of old-fashioned Prospecting with Cutting-edge Tech, some of the gear invented by Himself, Ryan believes He’s found One of the most promising potential Lithium Formations in the World. He believes this Field could someday rival anything found in South America or Australia.

Initial Surveys have been promising. Majors like Rio Tinto, a $100 billion Miner, are moving into the James Bay area of Northern Quebec right now. They know that when the man responsible for the Second Yukon Gold Rush finds something interesting, it’s worth following up.

Combined with Major Initial Finds in similar nearby Geology, Rio Tinto is investing up to $65.5 million into Local Partnerships. However, the Majors are Not the First movers in the icy North of Quebec, near James Bay, in Nunavik, where this Lithium rush is kicking off.

That distinction belongs to a few small Exploration companies that arrived early. Patriot Battery Metals, holds the Rights to the Largest Lithium Pegmatite formation in the Americas, just South of Ryan’s Discovery. Since finding that Deposit, Patriot Battery Metals Market Cap increased from around $10 million to over $800 million currently. In fact, Investors that purchased Shares in February of 2022 at around $0.50, saw their Investment grow to over $17.50 in the following 12 months. That’s a 35 fold increase in a year.

But that Formation is only the Tip of the Iceberg. This area has never been seriously explored for Lithium, or for most Metals. It is known for Nickel, with Glencore’s Raglan Nickel Mine nearby, along with the Infrastructure a Mine needs. With that Infrastructure in place, even a modest find of Lithium would prove Profitable.

These are very early days. There are No Guarantees that the promise of a Large Lithium-rich Formation will bear fruit.

While the Lithium Supply Chain is a National Priority, the U.S. has only mined about 1% of the World’s Lithium. The Mmajority, more than 90%, is mined in: Argentina, Australia, Chile, and China.

For Decades, the only Lithium that trickled out of the U.S. came from Albemarle’s small Nevada Mine. And the Rumor is that its Lithium is dedicated to National Security and Defense.

Now the Drive to Electrify Vehicles (EVs) is only Accelerating. And the Largest customers for lithium are now waking up. About 22 pounds of Lithium, 10kg, is at the heart of an average EVs Battery Pack.

By 2030, forecasts suggest there will be at least 26.4 million EVs on U.S. roads.









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