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Spod Lithium Corp. partners with Canadian Business Journal’s Dahrouge Geological Consulting

VANCOUVER, British Columbia, October 20, 2022 (GLOBE NEWSWIRE) — SPOD LITHIUM CORP. (hereinafter “SPOD”) or “Company) (CSE: SPOD) has contracted Dahrouge Geological Consulting Ltd. (“Dahrouge”) to perform initial exploration programs and ongoing geological services at its Megali and Lithium Grande 4 properties in the James Bay Territory We will announce that in Quebec. Dahrouge Geological Consulting Ltd. has confirmed experience in the region and has well-established operational capabilities at James Bay. Both the Megali and Lithium Grande 4 projects are adjacent to Patriot Battery Metals’ project, less than 2.7 km south-southeast (Megali) and less than 2.0 km south (Lithium Grande 4) of Patriot’s newly discovered Corvette lithium project. is.

Dahrouge, in collaboration with Spod, will use highly accurate satellite imagery and interpretations provided by Japosat Satellite Mapping to suggest the presence of numerous granitic pegmatite outcrops in both Spod Lithium projects to identify unique targets. to develop

Work will mainly focus on the claim block portion near the shear contact between the volcanic-derived amphibolite and the granite complex. This situation is well documented to be a favorable environment for the discovery of lithium-bearing pegmatites in the James Bay region.

The Megali property consists of 78 mineral claims covering a total area of ​​3,996.67 hectares (40 square kilometers) and the Lithium Grande 4 project consists of 41 mining claims covering 2,100 hectares (21 square kilometers).

Dahrouge provides professional geology, logistics and project management services covering all stages of exploration. The company has had a consistent presence in Quebec since 2006 and has extensive exploration experience in Quebec (dahrouge.com).

Japosat is a Montreal-based company specializing in satellite imagery, multispectral mapping and data processing. The full Japosat report is available at: www.spodlithiumcorp.com

CEO Chris Cooper said: The pegmatite trend in Corvette his area appears to be contained in his 2 km long corridor located a few kilometers northwest of his Lithium claim in Spod. We are confident that the first program, starting this fall, will have the potential to discover other Li trends, including pegmatites. “

Spod Lithium James Bay Claims

qualified person

Ordre des Geologues du Quebec license holder and qualified person as defined in National Instrument 43-101, Martin Demers P.Geo., has reviewed the technical information in this news release.

About the company

Spod Lithium Corp. is a mineral exploration company focused on the acquisition and development of mineral properties including batteries, bases and precious metals. Our flagship asset is the Lithium property in the James Bay region of Quebec, Canada. For more information, please refer to SEDAR’s company disclosure record at www.sedar.com or contact the company through his website at www.spodlithiumcorp.com or by calling 604.307.8290.

On behalf of the Board of Directors
chris cooper
Chief executive officer
604.307.8290

Forward-Looking Information

Certain statements in this news release, including statements regarding future plans and other matters, are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. Such information is generally forward-looking statements such as “may,” “expect,” “estimate,” “expect,” “intend,” “believe,” “continue,” or It can be identified using its negative form, or similar variations. Readers are cautioned that the assumptions used in preparing the forward-looking information may prove to be incorrect. Actual results may differ materially from those projected as a result of events and circumstances. It is the result of a number of known and unknown risks, uncertainties and other factors, many of which are beyond our control, including but not limited to business and economic factors. Capital market conditions, ability to manage operating costs, reliance on key personnel. Such statements and information are based on our current and future business strategies and a number of assumptions regarding the environment in which we will operate in the future, our anticipated costs and our ability to achieve our objectives. Factors that could cause actual results to differ materially from forward-looking statements include the continued availability of capital and funds, litigation, the failure of counterparties to meet their contractual obligations and key employees. and the loss of consultants, the general economy, the market, and so on. or business terms. Any forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Readers are cautioned not to place undue reliance on forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, we disclaim any intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CSE has not reviewed, approved or disapproved of the contents of this news release.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/e87b878f-466b-4c97-b0ae-cbca2933fad1

https://www.globenewswire.com/NewsRoom/AttachmentNg/1556b04b-560d-4824-86bc-dad5a65032a8


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Spod Lithium Corp. partners with Canadian Business Journal’s Dahrouge Geological Consulting

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