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The latest update is out from X-Terra Resources ( (TSE:CLIC) ).
Comet Lithium Corporation, a company engaged in the exploration of lithium and caesium, has announced promising assay results from its Elmer East Project in the James Bay region of Québec. The discovery of a spodumene-bearing pegmatite dyke with high-grade caesium and lithium values marks a significant milestone for the company, highlighting the potential economic significance of the site. The findings, including elevated tantalum, rubidium, and gallium values, suggest a highly evolved LCT-type pegmatite system, reinforcing the property’s prospectivity. This discovery positions Comet Lithium strategically in the niche market for caesium, a critical mineral with limited global supply, enhancing its industry positioning and potential for future exploration success.
More about X-Terra Resources
Average Trading Volume: 36,451
Technical Sentiment Signal: Sell
Current Market Cap: C$5.2M
See more insights into CLIC stock on TipRanks’ Stock Analysis page.