A strategically located hard rock asset with a high grade and shallow resource
The James Bay lithium pegmatite project (“James Bay”) represents one of the highest quality development projects in North America and provides strong future expansion potential within Galaxy’s portfolio. Galaxy aims to define and optimise an upstream mine and concentrator operation with an integrated downstream conversion facility. The wholly owned project is located in Quebec, Canada, approximately 100km east of James Bay and the community of Eastmain.
The project comprises five sets of claim blocks with a defined Mineral Resource of 40.3 Mt @1.40% Li2O. For further information on James Bays’ Mineral Resource, click here.
The deposit is shallow, relatively flat-lying and outcropped at surface in several locations. Comprising a swarm of pegmatite dykes that form a discontinuous corridor that is approximately 2 kilometres long and 500 metres wide. Modelling completed indicates that the resource is amenable to open pit extraction.
The project is close to local infrastructure including road access, accommodation, water, power and an existing airport.