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CHAMPION ELEC METALS INC - $CHELF STOCK NEWS

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Rhea-AI Summary
Champion Electric Metals Inc. completes maiden exploration drilling at its Lithium Property in James Bay, Quebec, with 10 diamond drill holes totaling 2,263 meters. Significant spodumene-rich pegmatite intersections were found, confirming the presence of lithium mineralization. The drill program focused on the Western Prospect, near advanced projects by Patriot Battery Metals and Winsome Resources. The discovery of spodumene-bearing pegmatites near the surface indicates promising potential for future drilling campaigns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.21%
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none
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Rhea-AI Summary
Champion Electric Metals Inc. (CHELF) announces the discovery of lithium-mineralized pegmatite during its drill program at the Lithium Property in James Bay, Quebec. The company intercepted approximately 19.1m of spodumene bearing pegmatite beneath the overburden. The mineral system remains open to the north-east, with geologists confirming the presence of spodumene using visual and UV light methods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.46%
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none
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Rhea-AI Summary
Champion Electric Metals Inc. (CHELF) has commenced its first drill program at its Lithium Property in James Bay, Quebec, focusing on the Western Prospect. The Company intends to complete up to 2,500 meters in this initial drill program after revealing a robust pegmatite target. The drill crews have been mobilized following a gravity survey that showed promising results. Jonathan Buick, President & CEO, expressed confidence in the new blind pegmatite target potentially being the source of pristine spodumene fragments discovered in late 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Champion Electric Metals Inc. provides an update on till sampling results over its Lithium Property in James Bay, Quebec. Geochemical assays show enriched lithium and significant tourmaline and spodumene dispersion, enhancing prospectivity. Drilling activities at the Western Prospect are set to begin by the end of March.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.61%
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none
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Rhea-AI Summary
Champion Electric Metals Inc. announces a robust pegmatite target identified through a gravity survey near a spodumene discovery in Quebec. Drilling preparations are underway for a 2,000m program to test the target.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
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Rhea-AI Summary
Champion Electric Metals Inc. completes gravity survey on lithium properties in Quebec, prepares for maiden drill program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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none
Rhea-AI Summary
Champion Electric Metals Inc. has initiated a gravity survey to locate the source of lithium-bearing boulder and spodumene fragments discovered in initial till sampling at their James Bay lithium property. The company is targeting an area for high-resolution gravity survey to outline the buried source rock of the spodumene, expecting it to lead to high-quality drill targets during the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.63%
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none
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Rhea-AI Summary
Champion Electric Metals Inc. (CSE: LTHM) (OTCQB: CHELF) (FSE: 1QB0) announces a spodumene discovery at its James Bay lithium properties. The exploration program revealed the presence of spodumene boulders and crystals, with promising results from rock and till sampling. The company plans to focus on exploration planning and geophysics for the upcoming 2024 program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.94%
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Rhea-AI Summary
Champion Electric Metals (CSE: LTHM) (OTCQB: CHELF) will be presenting at Red Cloud's 2023 Fall Mining Showcase on November 8th at 11:20 AM Eastern Standard time. The conference will take place at the Sheraton Centre Toronto Hotel from November 7-8, 2023. Shareholders and interested parties are invited to attend. For more information and registration, visit: https://redcloudfs.com/fallminingshowcase2023/
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.89%
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none
Rhea-AI Summary
Champion Electric Metals Inc. announces participation in upcoming industry events
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.76%
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conferences
CHAMPION ELEC METALS INC

OTC:CHELF

CHELF Rankings

CHELF Stock Data

11.39M
210.88M
17.22%
0.59%
Other Precious Metals & Mining
Basic Materials
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United States of America
Toronto