Latest news with #ElmerEast
Cision Canada
09-07-2025
- Business
- Cision Canada
Comet Lithium Discovers First Spodumene-Bearing Pegmatite at Elmer East Property
ROUYN-NORANDA, QC, July 9, 2025 /CNW/ - Comet Lithium Corporation (TSXV: CLIC) (FSE: 8QY) ("Comet Lithium" or the "Corporation") is pleased to announce the discovery of a spodumene-bearing pegmatite dyke (see Figure 1) at its wholly-owned Elmer East property, as part of its ongoing summer fieldwork campaign targeting the Triple L and Elmer East properties in the Eeyou-Istchee James Bay region of Québec. This initial program was designed as a targeted and first-pass exploration effort across high-priority targets. The newly identified dyke (see Figure 1), located in the southwestern portion of the southern claim block, measures approximately 1 to 2 metres in width and has been traced over at least 80 metres along strike, remaining open to the east. Mineralogical observations confirm the presence of very pale green spodumene crystals (see Figure 2), accompanied by muscovite and trace amounts of black tourmaline – consistent with classic LCT-type (lithium-cesium-tantalum) pegmatite systems. "The discovery of spodumene mineralization at the Elmer East property is an exciting development for Comet Lithium and a strong validation of our systematic exploration strategy" said Vincent Metcalfe, Chair and CEO of Comet Lithium. "This marks the first confirmed lithium-bearing zone on the property and highlights the significant exploration upside across our land package in the James Bay region in the province of Québec. We look forward to following up with additional work to assess the scale and continuity of this emerging mineralized trend." The 2025 field program at the Elmer East property was conducted by Dahrouge Geological Consulting Ltd. between June 25 and June 30, 2025. The program included geological mapping, structural measurements, and rock sampling over prioritized outcrops identified through geophysical anomalies and satellite imagery. A total of 66 samples were collected, including certified control samples, and select samples were sent to AGAT Laboratories in Thunder Bay, Ontario, for lithium and gold analysis. Final assay results are pending. Following the reception of assay results, the Corporation may carry out follow-up exploration, including trenching and channel sampling to test the eastern extension of the mineralized dyke and evaluate additional lithium potential across the southern claim block. The Elmer East property is located in the Eastmain Greenstone Belt, approximately 100 kilometres north-northwest of the Nemiscau Cree community, and comprises 37 claims totaling 1,942 hectares. It forms part of Comet's strategic position in one of Canada's most prospective and active lithium districts. The exploration program on the Elmer East property was part of Comet's 17-day field campaign. At Elmer East property, priority targets were identified via satellite image analysis, with a focus on zones where bedrock was likely exposed or near-surface. Several outcrops, especially in the southern block, were mapped and sampled, including the now-confirmed spodumene-bearing pegmatite. Two select samples (E6481494 and E6481203) were collected from separate outcrops along a west-to-east trend and aligned along with one another (see Figure 3).see Figure 3 sample location E6481494 and E64812031). The collected samples have been submitted to AGAT Laboratories in Val d'Or, Québec, for geochemical analysis. Assay results are pending and will be released once available. Qualified Person Vincent Cardin-Tremblay, P. Geo (ogq #1386, PGO #3347), registered in the Provinces of Québec, and Ontario is Vice President Exploration to Comet Lithium, is a qualified person under National Instrument 43–101 – Standards of Disclosure for Mineral Projects. He has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein. About Dahrouge Geological Consulting Ltd. Dahrouge Geological Consulting Ltd. Is a global mining and mineral exploration consulting group providing expertise in professional geological, logistical, and project management services through all stages of the mining value chain. Based in Edmonton, AB, CAN, Montreal, QC, CAN, and Denver, CO, USA, Dahrouge and its predecessor, Halferdahl and Associates, have advised and assisted clients in identifying, exploring, developing, and optimizing mineral projects and resources since 1971. About Comet Lithium Corporation Comet Lithium is a dynamic exploration company with a growing portfolio of highly prospective assets located in Québec, including several properties in the prolific James Bay District. The Company's land package includes the Liberty Property, located adjacent to Winsome Resources' Adina lithium discovery, and the Troilus East Property, positioned next to Troilus Gold's gold-copper project. Comet's strategy is focused on systematic exploration and unlocking the value of its diverse property portfolio through targeted fieldwork and strategic partnerships. Forward-Looking Statements This news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Comet Lithium, or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including the results from the 2025 field program, including the results to be obtained from the 66 rock samples collected and sent to AGAT Laboratories, if any follow-up exploration programs will be completed on the Triple L and Elmer East properties, including any trenching and channel sampling to test the eastern extension of the mineralized dyke and evaluate additional lithium potential across the southern claim block of the Elmer East property , will occur, the timing to conduct such exploration program and the results of such exploration programs, and if it does so, what benefits Comet Lithium will derive from any such exploration programs. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Comet Lithium's control. These risks, uncertainties and assumptions include, but are not limited to the risks, uncertainties and assumptions described under "Financial Instruments" and "Risk and Uncertainties" in Comet Lithium's Annual Report for the fiscal year ended December 31, 2024, a copy of which is available on SEDAR+ at and could cause actual events or results to differ materially from those projected in any forward-looking statements. Comet Lithium does not intend, nor does it undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.
Yahoo
09-07-2025
- Business
- Yahoo
Fury Intercepts 32.35m of 1.16% Li2O at the Ninaaskumuwin Discovery
TORONTO, Canada, July 09, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) ('Fury' or the 'Company') is pleased to announce drill results from the maiden drill program, totaling 825 metres (m) in 5 holes, on its Ninaaskumuwin lithium discovery at the Elmer East project located in the Eeyou Istchee James Bay region of Quebec (Figure 1). The drilling targeted a spodumene-bearing pegmatite outcrop, which returned surface samples of up to 3.92% Li2O. Highlights from the drill campaign include 32.35m of 1.16% Li2O from EE24-003 and 22.48m of 1.19% Li2O from EE24-002 (Table 1). The lithium mineralized spodumene-bearing pegmatite remains open at depth and along strike, warranting additional drilling. Highlights: Thick spodumene-bearing pegmatite (>32 m in thickness) was intersected in three holes with individual sample grades of up to 3.70% Li2O; Drill results confirm the vertical continuity of lithium mineralization to 150 m below surface; and The lithium-bearing pegmatite remains open along strike and to depth. 'We are pleased with the positive drill results out of the Ninaaskumuwin lithium discovery from our newly acquired Elmer East project in Quebec,' commented Tim Clark, CEO of Fury. 'These results continue to demonstrate the value created through our acquisition of Quebec Precious Metals earlier this year, and we look forward to continued exploration and potential discovery across our extensive land package in the James Bay region.' Table 1: 2024 Elmer East drilling highlights. Hole ID From To Length (m) Li (ppm) Li2O (%) EE24-001 127.95 150.85 22.9 3662 0.79 EE24-002 72.8 95.28 22.48 5519 1.1972.8 80 7.2 8755 1.50 EE24-003 88.6 120.95 32.35 5372 1.1690.1 96.1 6 10891 2.34104 105 5 11044 2.38 Downhole thickness was used due to the uncertainty in the orientations of the mineralized pegmatite bodies. Elmer East The Ninaaskumuwin lithium discovery is located on Fury's 100% owned Elmer East project, which covers approximately 45,735 hectares (ha). Ninaaskumuwin is easily accessible from the paved Billy Diamond highway, approximately 60 kilometres (km) north of the 'km 381' rest stop where accommodation, catering, fuel, and power are available (Figure 1). The discovery sits approximately 50 km north of Rio Tinto plc's Galaxy Lithium project, acquired in March 2025 as part of the acquisition of Arcadium Lithium plc for USD 6.7 billion. Figure 1: Location map of the Elmer East Project The drilling campaign targeted a spodumene-bearing pegmatite outcrop where limited sampling returned values of 1.10% to 3.92% Li2O from nine samples (Figure 2) (see Quebec Precious Metals Corporation News Release dated January 18, 2024). Geophysics and geological mapping indicate that the spodumene-bearing pegmatite has a potential strike length of up to 3.8 km. All five drill holes intersected highly fractionated pegmatite with spodumene mineralization observed in three of the holes. The spodumene mineralization observed is evenly distributed throughout the intersected pegmatite. The pegmatite is composed of quartz, plagioclase, potassic feldspar, and spodumene with a lesser proportion of muscovite, tourmaline, and garnet. The spodumene is light greenish-white and occurs as large and elongated crystals averaging 2 x 5 cm and up to 2 x 15 cm. A portion of the pegmatite is albite altered, in which spodumene is concentrated in bands of fine-grained crystals. The pegmatite is hosted in metasedimentary units, mainly matrix-supported conglomerate interbedded with wacke and coarse-grained sandstone. Figure 2: Plan map of the Ninaaskumuwin lithium discoveryshowing the locations of 2024 drill holes in relation to the surface expression of the pegmatite dyke. For original disclosure on the 2023 surface grab samples see Quebec Precious Metals Corporation news releases dated January 18, 2024Figure 3: Cross-section of drill hole EE24-001 to EE24-003 showing the down-dip continuity of lithium mineralization from surface down to 150m depth. 'The James Bay region has experienced a boom in lithium exploration over the past few years and is gaining attention on the world stage. The Ninaaskumuwin lithium discovery is in a great location close to established infrastructure and Rio Tinto's Galaxy Lithium project, which is in the construction phase. These initial results from the limited 2024 drilling are encouraging and warrant additional drilling to fully understand the potential of the discovery,' commented Bryan Atkinson, SVP Exploration of Fury. Valérie Doyon, Senior Project Geologist at Fury, is a 'qualified person' within the meaning of Canadian mineral projects disclosure standards instrument 43-101 and has reviewed and approved the technical disclosures in this press release. Sampling and Assaying Disclosure 2024 Drilling GeoVector Management Inc., based in Ottawa, supervised the drilling program for QPM, which includes core logging, sampling of the drill core and shipment of the samples to the laboratory facility. Drilling was performed by RJLL Drilling, based in Rouyn-Noranda. 2025 Assaying and QAQC Analytical samples were taken by sawing HQ diameter core into equal halves with one half being sent to IGS Laboratories ('IGS'), based in Delson, Quebec, an independent ISO-17025 2017 accredited laboratory. The samples were crushed to 100% passing 2 mm and pulverized to at least 85% passing 75 microns. Excess crushed and pulverized material not used for analysis have been retained for future reference. All samples were analyzed by Sodium Peroxide Fusion and ICP-OES finish using an aliquot of pulverized material. IGS used selected pegmatite/spodumene matrix matching CRMs. QAQC protocols include systematic insertion of CRM standards 1 in every 20 samples and alternating blank samples of quartz and core duplicate samples 1 in every 20 samples. Assays of quality control samples were compared with reference samples in a database and verified to be acceptable prior to use of data from analyzed batches. Technical and scientific information disclosed from the neighbouring Galaxy project does not necessarily apply to the Elmer East project. About Fury Gold Mines Limited Fury Gold Mines Limited is a well-financed Canadian-focused exploration company positioned in two prolific mining regions across Canada and holds an 11.8 million common share position in Dolly Varden Silver Corp (approximately 13.5% of issued shares). Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury intends to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence. Fury is committed to upholding the highest industry standards for corporate governance, environmental stewardship, community engagement and sustainable mining. For more information on Fury Gold Mines, visit . For further information on Fury Gold Mines Limited, please contact:Margaux Villalpando, Investor RelationsTel: (844) 601-0841Email: info@ Website: Neither the TSX nor its Regulations Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this news release. Forward-Looking Statements and Additional Cautionary Language This release includes certain statements that may be deemed to be 'forward-looking statements' within the meaning of applicable securities laws, which statements relate to the future exploration operations of the Company and may include other statements that are not historical facts. Forward-looking statements contained in this release primarily relate to statements that may suggest that the future work at the Ninaaskumuwin lithium discovery may identify a significant mineral resource. Although the Company believes that the assumptions and expectations reflected in those forward-looking statements were reasonable at the time such statements were made, there can be no certainty that such assumptions and expectations will prove to be materially correct. Mineral exploration is a high-risk enterprise. Readers should refer to the risks discussed in the Company's Annual Information Form and MD&A for the year ended December 31, 2024, and subsequent continuous disclosure filings with the Canadian Securities Administrators available at and the Company's Annual Report available at . Readers should not place heavy reliance on forward-looking information, which is inherently uncertain. Figures accompanying this announcement are available at: in to access your portfolio
The Market Online
11-06-2025
- Business
- The Market Online
Comet Lithium launches exploration program in Québec
Comet Lithium (CSE:CLIC) announced the launch of its 2025 Phase 1 exploration program, targeting the company's Triple L and Elmer East properties in the mineral-rich Eeyou Istchee James Bay region of Québec Two field teams will carry out a targeted, first-pass prospecting program across 35 planned lines in areas identified as highly prospective for mineralization Intensive surface exploration program will include 35 traverses across high-priority targets Comet Lithium stock (CSE:CLIC) last traded at $0.18 Comet Lithium (CSE:CLIC) announced the launch of its 2025 Phase 1 exploration program. The initiative is set to begin on June 13, 2025, targeting the company's 100 per cent-owned Triple L and Elmer East properties in the mineral-rich Eeyou Istchee James Bay region of Québec. The 17-day field campaign will be conducted in collaboration with Dahrouge Geological Consulting Ltd., bringing seasoned technical expertise to Comet's exploration strategy. Two field teams will carry out a targeted, first-pass prospecting program, including detailed mapping, sampling, and traverses across 35 planned lines in areas identified as highly prospective for mineralization. 'This initial phase is a critical step in advancing our portfolio, and our systematic, first-pass approach is designed to efficiently evaluate multiple high-priority target areas,' Vincent Metcalfe, chair and CEO of Comet Lithium said in a news release. 'At Triple L, identifying copper-nickel showings is a key focus, and our early geophysical interpretation and satellite analysis have revealed highly promising anomalies. With the expertise of our field teams and partners, we're well positioned to uncover meaningful mineralization and unlock the broader potential of both properties.' Triple L Property: Geophysical insights drive targeting At the Triple L Property, high-priority targets were selected based on the interpretation of 2024 high-resolution magnetic (MAG) and time-domain electromagnetic (TDEM) survey data, complemented by satellite imagery. These targets, highlighted in red on the company's exploration maps, will be investigated using a Beep Mat—a portable electromagnetic survey tool that detects conductive bodies up to three metres below the surface. The field team will focus on refining detection of potential copper-nickel mineralization. While the geophysical anomalies are promising, Comet emphasizes that these results are preliminary and not definitive indicators of mineral discovery. Elmer East Property: Pegmatite potential Meanwhile, at the Elmer East Property, satellite image analysis has pinpointed several high-priority zones, particularly in the southern block, where bedrock is likely to be outcropping or sub-outcropping. These areas are considered prospective for lithium-bearing pegmatites, a key source of lithium used in electric vehicle batteries. The exploration team will conduct systematic sampling and mapping to assess the potential of these targets, with a focus on identifying lithium-rich mineralization About Comet Lithium Corp. is a Canadian mineral exploration company focused on critical battery metals. Comet Lithium stock (CSE:CLIC) last traded at $0.18 and has risen 15.63 per cent since the year began but has fallen 37.29 per cent since this time last year. Join the discussion: Find out what everybody's saying about this stock on the Comet Lithium Bullboard, and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Malaysian Reserve
11-06-2025
- Business
- Malaysian Reserve
Comet Lithium to Launch 2025 Exploration Program at Triple L and Elmer East Properties, Targeting Copper-Nickel and Lithium Anomalies
Highlights: Fieldwork to commence on June 13th at the Triple L and Elmer East properties, in collaboration with Dahrouge Geological Consulting Ltd. Intensive surface exploration program will include 35 traverses across high-priority targets. Triple L Property exploration will focus on refining MAG and TDEM anomalies using a Beep Mat to identify potential copper-nickel mineralization. The 17-day program will involve two experienced field teams, with Comet's VP of Exploration, Vincent Cardin-Tremblay, actively participating in the exploration efforts. ROUYN-NORANDA, QC, June 10, 2025 /CNW/ – Comet Lithium Corporation (TSXV: CLIC) (FSE: 8QY) ('Comet Lithium' or the 'Corporation') is pleased to announce the launch of its 2025 Phase 1 Exploration Program, set to begin on June 13, 2025, on its 100%-owned Triple L and Elmer East properties in the Eeyou Istchee James Bay region of the province of Québec. Prospecting Program: A Targeted, First-Pass Program Comet's 17-day field campaign will be conducted in partnership with Dahrouge Geological Consulting Ltd., adding proven technical expertise to the Corporation's exploration efforts. Two experienced field teams will carry out investigation, detailed mapping, sampling, and traverses across 35 planned lines in areas deemed most prospective for mineralization (shown in red in Figures 1 to 5 below). Triple L Property High-priority targets at Triple L Property were identified and selected through the interpretation of 2024 high-resolution magnetic (MAG) and time-domain electromagnetic (TDEM) survey results, alongside satellite image interpretation. Several prospective anomalies will be investigated by the field team, with support from a Beep Mat to refine target detection for potential copper-nickel mineralization. These high-priority zones are highlighted in red on the maps (see Figure 1). Geophysical surveys are not definitive, and the results are still at an early stage of interpretation, with no guarantee of a mineral discovery. The Beep Mat is a portable electromagnetic survey instrument that continuously records subsurface readings as it is pulled along the ground by an operator. It emits a distinctive audible 'beep' when a conductive body is detected within approximately three metres. Elmer East Property At the Elmer East Property, priority prospecting targets were identified via satellite image analysis. The high-priority zones, shown in red (Figure 2), represent areas where bedrock is most likely outcropping or sub-outcropping, with potential for lithium-bearing pegmatites. Several outcrops have been identified in the southern block of the Elmer East Property. 'We're excited to kick off the 2025 exploration program at our Triple L and Elmer East properties,' said Vincent Metcalfe, Chair and CEO of Comet Lithium. 'This initial phase is a critical step in advancing our portfolio, and our systematic, first-pass approach is designed to efficiently evaluate multiple high-priority target areas. At Triple L, identifying copper-nickel showings is a key focus, and our early geophysical interpretation and satellite analysis have revealed highly promising anomalies. With the expertise of our field teams and partners, we're well positioned to uncover meaningful mineralization and unlock the broader potential of both properties.' Qualified Person Vincent Cardin-Tremblay, P. Geo (ogq #1386, PGO #3347), registered in the Provinces of Québec, and Ontario is Vice President Exploration to Comet Lithium, is a qualified person under National Instrument 43‑101 – Standards of Disclosure for Mineral Projects. He has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein. About Dahrouge Geological Consulting Ltd. Dahrouge Geological Consulting Ltd. Is a global mining and mineral exploration consulting group providing expertise in professional geological, logistical, and project management services through all stages of the mining value chain. Based in Edmonton, AB, CAN, Montreal, QC, CAN, and Denver, CO, USA, Dahrouge and its predecessor, Halferdahl and Associates, have advised and assisted clients in identifying, exploring, developing, and optimizing mineral projects and resources since 1971. About Comet Lithium Corporation Comet Lithium is a dynamic exploration company with a growing portfolio of highly prospective assets located in Québec, including several properties in the prolific James Bay District. The Company's land package includes the Liberty Property, located adjacent to Winsome Resources' Adina lithium discovery, and the Troilus East Property, positioned next to Troilus Gold's gold-copper project. Comet's strategy is focused on systematic exploration and unlocking the value of its diverse property portfolio through targeted fieldwork and strategic partnerships. Forward-Looking Statements This news release contains statements that may constitute 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Comet Lithium, or the assumptions underlying any of the foregoing. In this news release, words such as 'may', 'would', 'could', 'will', 'likely', 'believe', 'expect', 'anticipate', 'intend', 'plan', 'estimate' and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including if any planned exploration programs on the Triple L and Elmer East Properties, including the planned phase 1 exploration program described in this press release, will occur, the timing to conduct such exploration program and the results of such exploration programs, and if it does so, what benefits Comet Lithium will derive from any such exploration programs. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Comet Lithium's control. These risks, uncertainties and assumptions include, but are not limited to the risks, uncertainties and assumptions described under 'Financial Instruments' and 'Risk and Uncertainties' in Comet Lithium's Annual Report for the fiscal year ended December 31, 2024, a copy of which is available on SEDAR+ at and could cause actual events or results to differ materially from those projected in any forward-looking statements. Comet Lithium does not intend, nor does it undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
Cision Canada
10-06-2025
- Business
- Cision Canada
Comet Lithium to Launch 2025 Exploration Program at Triple L and Elmer East Properties, Targeting Copper-Nickel and Lithium Anomalies
Highlights: Fieldwork to commence on June 13th at the Triple L and Elmer East properties, in collaboration with Dahrouge Geological Consulting Ltd. Intensive surface exploration program will include 35 traverses across high-priority targets. Triple L Property exploration will focus on refining MAG and TDEM anomalies using a Beep Mat to identify potential copper-nickel mineralization. The 17-day program will involve two experienced field teams, with Comet's VP of Exploration, Vincent Cardin-Tremblay, actively participating in the exploration efforts. ROUYN-NORANDA, QC, June 10, 2025 /CNW/ - Comet Lithium Corporation (TSXV: CLIC) (FSE: 8QY) ("Comet Lithium" or the "Corporation") is pleased to announce the launch of its 2025 Phase 1 Exploration Program, set to begin on June 13, 2025, on its 100%-owned Triple L and Elmer East properties in the Eeyou Istchee James Bay region of the province of Québec. Prospecting Program: A Targeted, First-Pass Program Comet's 17-day field campaign will be conducted in partnership with Dahrouge Geological Consulting Ltd., adding proven technical expertise to the Corporation's exploration efforts. Two experienced field teams will carry out investigation, detailed mapping, sampling, and traverses across 35 planned lines in areas deemed most prospective for mineralization (shown in red in Figures 1 to 5 below). Triple L Property High-priority targets at Triple L Property were identified and selected through the interpretation of 2024 high-resolution magnetic (MAG) and time-domain electromagnetic (TDEM) survey results, alongside satellite image interpretation. Several prospective anomalies will be investigated by the field team, with support from a Beep Mat to refine target detection for potential copper-nickel mineralization. These high-priority zones are highlighted in red on the maps (see Figure 1). Geophysical surveys are not definitive, and the results are still at an early stage of interpretation, with no guarantee of a mineral discovery. The Beep Mat is a portable electromagnetic survey instrument that continuously records subsurface readings as it is pulled along the ground by an operator. It emits a distinctive audible "beep" when a conductive body is detected within approximately three metres. Elmer East Property At the Elmer East Property, priority prospecting targets were identified via satellite image analysis. The high-priority zones, shown in red (Figure 2), represent areas where bedrock is most likely outcropping or sub-outcropping, with potential for lithium-bearing pegmatites. Several outcrops have been identified in the southern block of the Elmer East Property. "We're excited to kick off the 2025 exploration program at our Triple L and Elmer East properties," said Vincent Metcalfe, Chair and CEO of Comet Lithium. "This initial phase is a critical step in advancing our portfolio, and our systematic, first-pass approach is designed to efficiently evaluate multiple high-priority target areas. At Triple L, identifying copper-nickel showings is a key focus, and our early geophysical interpretation and satellite analysis have revealed highly promising anomalies. With the expertise of our field teams and partners, we're well positioned to uncover meaningful mineralization and unlock the broader potential of both properties." Qualified Person Vincent Cardin-Tremblay, P. Geo (ogq #1386, PGO #3347), registered in the Provinces of Québec, and Ontario is Vice President Exploration to Comet Lithium, is a qualified person under National Instrument 43‑101 – Standards of Disclosure for Mineral Projects. He has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein. About Dahrouge Geological Consulting Ltd. Dahrouge Geological Consulting Ltd. Is a global mining and mineral exploration consulting group providing expertise in professional geological, logistical, and project management services through all stages of the mining value chain. Based in Edmonton, AB, CAN, Montreal, QC, CAN, and Denver, CO, USA, Dahrouge and its predecessor, Halferdahl and Associates, have advised and assisted clients in identifying, exploring, developing, and optimizing mineral projects and resources since 1971. About Comet Lithium Corporation Comet Lithium is a dynamic exploration company with a growing portfolio of highly prospective assets located in Québec, including several properties in the prolific James Bay District. The Company's land package includes the Liberty Property, located adjacent to Winsome Resources' Adina lithium discovery, and the Troilus East Property, positioned next to Troilus Gold's gold-copper project. Comet's strategy is focused on systematic exploration and unlocking the value of its diverse property portfolio through targeted fieldwork and strategic partnerships. Forward-Looking Statements This news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Comet Lithium, or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including if any planned exploration programs on the Triple L and Elmer East Properties, including the planned phase 1 exploration program described in this press release, will occur, the timing to conduct such exploration program and the results of such exploration programs, and if it does so, what benefits Comet Lithium will derive from any such exploration programs. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Comet Lithium's control. These risks, uncertainties and assumptions include, but are not limited to the risks, uncertainties and assumptions described under "Financial Instruments" and "Risk and Uncertainties" in Comet Lithium's Annual Report for the fiscal year ended December 31, 2024, a copy of which is available on SEDAR+ at and could cause actual events or results to differ materially from those projected in any forward-looking statements. Comet Lithium does not intend, nor does it undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
