Welcome to our dedicated page for CHAMPION ELEC METALS news (Ticker: CHELF), a resource for investors and traders seeking the latest updates and insights on CHAMPION ELEC METALS stock.
Champion Elec Metals Inc. (symbol: CHELF), based in Toronto, Ontario, is a discovery-focused exploration company notably advancing its lithium properties in Quebec and cobalt properties in Idaho. The firm also possesses the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County. Recently, the company completed a successful maiden exploration drill program in Quebec, intersecting lithium-rich pegmatites, highlighting its potential to become a significant player in the critical minerals sector.
Champion Electric Metals announced its maiden drill program results, intersecting lithium at the Western Prospect on its James Bay, Quebec property. Key findings include 10.0 meters at 0.42% Li2O, with notable intervals such as 3.0 meters at 0.62% Li2O. Another drill hole intersected 1.85 meters at 0.56% Li2O. These results indicate the edge of a mineralized system, which the company aims to explore further. Associated pathfinder elements like tantalum, cesium, niobium, and rubidium were also present. The exploration team has identified two pegmatite corridors, suggesting significant potential for further lithium mineralization.
FAQ
What is the current stock price of CHAMPION ELEC METALS (CHELF)?
What is the market cap of CHAMPION ELEC METALS (CHELF)?
What are Champion Elec Metals Inc.'s core areas of exploration focus?
What recent achievements has Champion Elec Metals Inc. reported?
Where is Champion Elec Metals Inc. headquartered?
What symbols does Champion Elec Metals Inc. trade under?
What recent announcements has the company made regarding its exploration projects?