Mr. Dustin Nanos reports
SALI LITHIUM TO ACQUIRE 100% OF GOLD PROPERTY STRATEGICALLY LOCATED IN MAJOR GOLD CAMP IN QUEBEC, CANADA
Sali Lithium Corp. has signed a letter of intent to acquire a 100-per-cent interest in a 4,680-hectare gold property located in the prolific Windfall gold camp in Quebec, Canada. The property is strategically positioned within a region controlled by Gold Fields, which is currently developing the 300,000-ounce-per-year Windfall gold mine and the nearby 510,000-ounce Quevillon gold project.
Property highlights:
-
Large property -- 83 claims -- 4,680 hectares:
-
Strategically located, surrounded by Gold Fields claims;
-
15-kilometre-long contiguous claim group;
-
Property covers favourable geology and key structural intersections:
-
Volcanic host rocks similar to those hosting Windfall mineralization;
-
Situated at the junction of two major deformation zones;
-
Easily accessible through recently developed logging roads;
-
High-grade gold identified by Osisko Mining near the eastern boundary;
-
Largely unexplored; exceptional blue-sky potential.
Acquisition terms
The company may earn a 100-per-cent interest in the property through the following combination of cash payments, share issuances and exploration expenditures.
Dustin Nanos, chief executive officer of Sali, commented: "We are thrilled to announce this acquisition. Securing a land position in the heart of one of Canada's most active gold camps is a significant milestone for Sali. Gold Fields' development of the Windfall deposit, one of the highest-grade gold projects globally, highlights the district's potential. This new property complements our existing Quebec portfolio, which we staked last year, and further positions us for discovery in both gold and base metals. We look forward to commencing exploration in the near term."
Property description
The 4,680-hectare property covers the intersection of two key structural trends in the Windfall camp: the Urban deformation zone and the Cameron deformation zone. Additionally, the north-south-trending Perigny lineament traverses the property and represents a promising secondary structure for gold mineralization.
Geologically, the property lies within the Urban-Barry greenstone belt, comprising a sequence of mafic to felsic volcanic rocks with minor sedimentary units. At the Windfall deposit, gold occurs in quartz-pyrite veins and pyrite-rich alteration zones.
In 2022, Osisko Mining ("Osisko Mining announces regional exploration program -- Osisko") reported a surface grab sample grading 90 grams per tonne gold approximately 1.2 kilometres east of Sali's claim boundary, highlighting the area's exceptional exploration potential.
Qualified person
The scientific and technical information contained in this press release has been reviewed and approved by Patrik Schmidt, MSc, PGeo. He is a professional geologist registered in Quebec (OGQ).
About Sali Lithium Corp.
Sali Lithium is a mineral exploration company dedicated to the discovery and development of mineral resources. The company holds a controlling interest in El Quemado project, comprising 46 mining concessions totalling 58,000 hectares in Salta province, Argentina. Additionally, the company has 34,442 hectares covering two greenstone belts in the James Bay region, Quebec, Canada.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.