Zoro
8,300+ acres with 16 Spodumene Pegmatite Dykes
Lithium Project
Who Are We?
Foremost Lithium is a hard-rock exploration company strategically located to capitalize on the global “electrification revolution” and is committed to being a premier supplier of North America’s lithium feedstock. As the world transitions towards decarbonization, the company is focused on exploration and growth on its 4 core Lithium Lane Projects in Snow Lake Manitoba, as well as its Lac Simard South Property in Quebec. Foremost Lithium also has the Winston Gold/Silver Property in New Mexico USA.
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Projects
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Acres in the Snow
Lake District in Manitoba
0+
Discovered
Pegmatite Dykes
What is lithium?
Lithium is a soft, silvery-white alkali metal that comes from two main sources, brine and hard-rock but can also be found in clay. Soaring demand of this light-weight metal, fueled by global adoption of electric vehicles has created an overwhelming demand for this critical mineral as battery makers and EV suppliers scramble to secure their supply.
BloombergNEF predicts demand for lithium is set to surge more than sevenfold by 2030 which will require another 50 more mines to go into production by that time to fill the demand/supply gap. As the world tranisitions to a cleaner and a carbon neutral environment, lithium is an integral piece towards this energy independence.
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Lithium batteries are the new oil |  |
Elon Musk
May 09, 2023
Highlights
- Perfectly positioned to capitalize on the growing need for lithium. Demand for electric vehicles, lithium-ion batteries, and energy storage applications will fuel the need for investment for the next 20 years.
- Favourable geographic proximity to strategic North American partners for operational synergies and refining requirements
- Significant exploration upside - over 43,276 acres/17,513-hectare acres in mine friendly jurisdiction of Snow Lake, Manitoba
- Active and dedicated management team focused on driving shareholder value in the development of all properties in an environmentally and responsible way
Corporate
Presentation
