Northern Nuggets: Athabasca cuts deal for northern lithium projects
Last updated 5/8/2016 at Noon
Athabasca Nuclear Corp. May 2 said it has entered into a binding letter of intent with North Arrow Minerals Inc. to acquire the Torp Lake and Phoenix lithium properties.
The Torp Lake project covers 1,003 hectares (2,478 acres) near tidewater in the north Slave region of Nunavut.
The Torp Lake Project hosts the McAvoy lithium-rich pegmatite contained in the mineral spodumene.