Lithium Inventory Investor Information – Lithium One (TSXV: LONE) (FSE: H49) has Obtained 63 Claims by means of Map Staking Adjoining to Cross Metals’ HSP Nickel-Copper-PGE Undertaking in Quebec


Vancouver, British Columbia – September 22, 2022 (Newsfile Corp.) ( Newswire) Lithium One Metals Inc. (TSXV: LONE) (FSE: H49) (the “Corporate” or “LONE” ) reviews that it has received one block of 63 claims by means of map staking adjoining to Cross Metals Corp.’s HSP nickel-copper-PGE undertaking in Quebec. LONE’s new Ni-Cu-PGE assets is positioned lower than 1500 meters (1.5 km) from Cross Metals’ historical Hamlet Ni-Cu-PGE appearing in addition to 1400 meters (1.4 km) from their EM-A2 Ni-Cu-PGE appearing. The 63 claims duvet roughly 3340 hectares (33.4 km2) of the Havre-Saint Pierre anorthosite advanced.

In keeping with public knowledge, the Hamlet and EM-A2 showings encompass magmatic or hydrothermal PGEs. At Hamlet the mineralization is recorded as being inside of a 1.5-meter-wide vein of huge sulphides the place historical floor grasp samples grading as much as 0.55% nickel, 0.69% copper, and critical platinum values had been got. The EM-A2 appearing is composed of semi-massive sulphides, grasp samples from that have returned grades of as much as 0.38% nickel and zero.17% copper.

Neither appearing has been drilled, nor are there any drill holes on LONE’s adjoining assets claims.

LONE’s 100-per-cent-owned assets used to be map-staked by means of the Corporate with a purpose to probe for extensions of the 2 historical floor showings, each positioned inside of the similar ultramafic gadgets that host Cross Metals’ contemporary discoveries. The valuables wraps across the south and east facets of Cross Metals’ HSP Undertaking.

The Corporate is these days in complicated negotiations to obtain an extra 140 contiguous claims from a famend Quebec prospector who has a historical past of a success undertaking era. The only block of 140 claims have been staked in March of this yr and, in combination, proportion lengthy borders with each Cross Metals’ HSP Undertaking to the north and a big assets held by means of Rio Tinto Exploration Canada Inc. to the east.

The claims are nonetheless being processed by means of Quebec’s Ministry of Power and Sources. A assets map shall be printed as soon as the claims registration has been finished. See

On behalf of Lithium One Metals Inc.

Andrew Lee Smith
Leader Government Officer

Neither the TSX Project Trade nor its Legislation Products and services Supplier (as that time period is outlined within the insurance policies of the TSX Project Trade) accepts accountability for the adequacy or accuracy of this unencumber.

Cautionary Commentary Relating to Ahead-Taking a look Data

Positive knowledge on this information unencumber would possibly include forward-looking statements that contain considerable identified and unknown dangers and uncertainties. Those forward-looking statements are matter to a large number of dangers and uncertainties, sure of which can be past the keep an eye on of the Corporate, together with however no longer restricted to, the uncertainty of financings, the have an effect on of common financial prerequisites, trade prerequisites, dependence upon regulatory approvals. Readers are cautioned that the assumptions utilized in making ready such knowledge, even if thought to be affordable on the time of preparation, would possibly turn out vague and undue reliance must no longer be put on forward-looking statements. Ahead-looking statements on this press unencumber are expressly certified by means of this cautionary remark.

The forward-looking statements on this press unencumber are made as of the date of this press unencumber, and the Corporate undertakes no duties to replace publicly or to revise any of the integrated forward-looking statements, whether or not on account of new knowledge, long term occasions or differently, apart from as expressly required by means of appropriate securities regulation.

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