Battery Metals

Clean Commodities Corp. (TSX VENTURE: CLE)(FRANKFURT: A2ALYM)(“Clean Commodities” or the “Corporation”) is pleased to report that it has been advised by Cameo Resources Corp. (“Cameo Resources”) of their 2018 exploration plans at the Dumont and Spodumene Lake Lithium Projects under option to Cameo Resources. The planned work advised by Cameo Resources is to consist of traverses, mapping and …

Clean Commodities Corp. (TSX VENTURE: CLE)(FRANKFURT: A2ALYM)(“Clean Commodities” or the “Corporation”) is pleased to report that it has been advised by Cameo Resources Corp. (“Cameo Resources”) of their 2018 exploration plans at the Dumont and Spodumene Lake Lithium Projects under option to Cameo Resources. The planned work advised by Cameo Resources is to consist of traverses, mapping and sampling designed to identify potential lithium-bearing pegmatites and is expected to commence in mid-2018 once ground conditions permit (see also news release by Cameo Resources dated same).
As quoted in the press release:

“Clean Commodities is pleased to have partnered with Cameo Resources on our Whabouchi Regional Lithium project located near the advanced lithium deposit being moved forward by Nemaska Lithium. The option agreement with Cameo Resources is part of our overall strategy of unlocking project value that already sits within Clean Commodities. We have assembled an attractive portfolio of energy metals (Lithium, Cobalt, Uranium) which we believe can be further advanced to deliver shareholder value. Our arrangement with Cameo Resources, which proposes to spend $5 million in exploration over 4 years is a non-dilutive mechanism to advance our Spodumene Lake and Dumont lithium projects. Clean has also recently completed a $1.5 million dollar oversubscribed financing and is well funded for 2018. With electric cars coming into the mainstream, Clean Commodities should enjoy an active year of exploration ahead given upward market pressure on battery metals,” stated Ryan Kalt, CEO of Clean Commodities.

Click here for the full text release

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