The quest for lithium continues, given its usage in mobile phones — an essential in today’s society — as well as the increasingly popular electric vehicle market. And this company has just acquired two strategic land positions for lithium exploration.

Solstice Gold Corp. (TSXV: SGC) is an exploration company with quality, district-scale gold and lithium projects in established mining regions of Canada. The company announced in a press release today that it has established a combined 96 km 2 strategic land position for the purpose of lithium pegmatite exploration located in the Frazer Lake area in northwestern Ontario, conveniently located near the Trans Canada Highway. Together, these acquisitions represent a southern staked area of 55 km 2 (261 claims) referred to as the Church Lake Project and an option to acquire 100% of a further 41 km 2 located to the northeast, called the Purdom Project.

Pablo McDonald, Solstice CEO, stated, “We had been tracking progress in the area and decided to seize the opportunity to stake once we saw positive results confirm its potential.” 

Shares closed Monday trade at $0.045.

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