Lithos arranging flow-through funds

A $3.2-million flow-through financing will allow Lithos (ME) to dewater the Wrightbar mine property near Val d’Or, Que., and extract a bulk sample of about 10,000 tons.

Lithos, created through the merger of Wrightbar Mines and Charlim Explorations, will spend $1.5 million on the Wrightbar work. The company also plans to complete exploration work at its Sirmac and Moblan lithium properties north of Chibougamau, Que. A 13-ton bulk sample from Sirmac is being processed at the Mineral Research Centre in Quebec City.