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Discovery Lithium Inc. Expands Mining Claims in Ontario

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Discovery Lithium Inc. Expands Mining Claims in Ontario

ISM Resources Corp (TSE:DCLI) has released an update.

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Discovery Lithium Inc. has announced the definitive acquisition of the Eagle Lake and Whitefish Lake mining claims in Northwestern Ontario, expanding its lithium exploration territory by approximately 150,964 acres. The deal includes a cash payment and share issuance to Zimtu Capital Corp., along with a future net smelter returns royalty. This strategic move signifies the company’s commitment to advancing its position in North America’s energy sector.

For further insights into TSE:DCLI stock, check out TipRanks’ Stock Analysis page.

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