The Conversation (0)
Lithium Universe (ASX:LU7) is well-positioned to leverage the mounting demand for battery metal with a highly prospective lithium resource in Quebec's James Bay region. Helmed by lithium exploration and development veteran Iggy Tan, Lithium Universe advances its Apollo Lithium project which spans over 240 square kilometres comprising 466 claims and is associated with a significant geological dataset.
Apollo is located 29 kilometres southeast of the Corvette Lithium Project and 28 kilometres East of Winsome Resources' (ASX:WR1, FSE:4XJM, OTCQB:WRSLF) Adina Project. It displays similar mineralisation, magnetism and geology to the two projects.
Lithium Universe's strategy for Apollo is simple: quickly identify a resource and establish a producing mine to facilitate the company’s vertically integrated mine-to-refinery vision. The company is also assessing the possibility of establishing a lithium processing hub in the region to support operations at Apollo.
Company Highlights
- Lithium Universe is a vertically integrated company with a highly prospective lithium resource in Quebec's James Bay region.
- The company is helmed by lithium exploration and development veteran Iggy Tan, who seeks to replicate his successes at Galaxy Resources with Lithium Universe.
- Tan is joined by a number of significant names in the mining industry, who together represent multiple decades of experience in mining exploration, development, production and operations.
- Lithium Universe's flagship project, Apollo, is highly prospective and well-suited for the company's integrated mine-to-refinery strategy.
- The company's initial public offering was extremely impressive, starting at 2 cents per share and eventually reaching 6.3 cents and raising its maximum subscription of $4.5 million.
This Lithium Universe profile is part of a paid investor education campaign.*
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