Y LITHIUM PROPERTY

Y Lithium Project, a 100%-owned property situated in Northern Saskatchewan near Bailey Lake. The Y Lithium Project encompasses a total of 5,856 hectares in four (4) staked claims, divided into two (2) areas—the west claim block and the north claim block. Notably, these staked claims grant exclusive mining rights, and there are no underlying royalties or property payments due.

 

HIGHLIGHTS

  • The staked claims encompass the area north, south, and west of a historical lithium discovery at Bailey Lake, initially uncovered in boulders and outcrop formations in 2004.

  • Analysis of a sample from the Y Lithium Project by the Saskatchewan Geological Survey revealed exceptional lithium content. The sample contained 3,470 ppm lithium, equivalent to 0.741% Lithium Oxide (Li2O).

  • A geological reassessment conducted in 2017 confirmed the presence of spodumene, a lithium-bearing mineral, in large angular boulders or blocks at the Bailey Lake site. Based on the 2017 site visit results, it was concluded that lithium-bearing pegmatites are present in the vicinity, and the glacially transported blocks did not travel great distances

  • The property boasts favorable geological features, including greenstones and leucogranites, indicating the potential presence of lithium-rich pegmatites.

  • Identification of pathfinder elements for LCT pegmatites, such as rubidium, cesium, and tantalum, through the 1993 regional lake sediment geochemical program.

The Y Lithium Project is strategically located between two existing lithium exploration properties. To the east, it borders the Bailey Lake Pegmatite Discovery Area held by ACME Lithium Inc., and to the west, it shares boundaries with the Crystal Lithium Project of ALX Resources Corp. The flat terrain and ample water bodies in the region offer convenient access via floatplane and potential support for future drill programs.

The Bailey Lake Pegmatite Discovery Area is particularly promising, with boulder trains containing spodumene-bearing glacial erratics and notable lithium values reported. The Misaw Lake region, adjacent to Bailey Lake, also holds significant lithium potential, as indicated by the presence of lithium-rich granitic rocks.


 

DETAILS

GEOLOGICAL SETTING SUMMARY

 

Battery X Metals believes that the Y Lithium Project has substantial potential for hosting lithium-bearing pegmatites, supported by regional surveys, geological setting, and the underexplored nature of the property. The Company is excited about the prospects of the Y Lithium Project and is committed to advancing its exploration efforts to unlock its full potential.

 

EXPLORATION STRATEGY SUMMARY

  • Compiling regional information, including till and sediment sampling, geophysics, and geological mapping.

  • Obtaining LIDAR and Orthophotos for better property identification.

  • Conducting an initial prospecting campaign with targets derived from the collected information, paying attention to provincially mapped granites

  • Performing till sampling and conventional grab sampling, with the use of field detection devices for identifying pegmatite pathfinder minerals and mapping vectors toward lithium mineralization.

 

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