Skip to content
Finance Investment, Oil Mining Resources

Summit Minerals (ASX:SUM) – Exploration commences at Castor lithium project

Summit Minerals Limited (ASX:SUM) 2 mins read

Summit Minerals Limited (Summit or the Company) is thrilled to announce the initiation of field exploration for lithium-bearing pegmatites at the Castor Lithium Project located in the James Bay region of Quebec, Canada. This significant step forward is a result of a strategic partnership with the esteemed lithium-focused geological consultancy, Critical Discoveries Corporation (CDC).

Key Highlights Include:

  • The commencement of field exploration at the Castor lithium project in James Bay, Quebec.
  • A strategic partnership with the renowned lithium exploration consultancy, Critical Discoveries Corporation (CDC). More about CDC can be found on their website:
  • Identification of 228 interpreted pegmatite occurrences within the Castor project through satellite imagery.
  • Active field reconnaissance by the CDC team, focusing on the southern and central targets, especially those easily accessible near the James Bay Road and powerlines.
  • Following a recent EGM, Summit has secured formal ownership of 80% of the Castor Lithium Project.

CDC boasts a team of industry stalwarts with a specialization in lithium-caesium-tantalum (LCT) pegmatites. They are celebrated for their unique and collaborative approach to every project they undertake. With a proven track record in mining operations, as well as greenfield and brownfield exploration, CDC has cultivated strategic alliances with geophysical and drilling service providers. Summit stands to gain immensely from these partnerships, as they bring together a plethora of services under one management umbrella, offering a distinct edge in the industry.

Summit Minerals Limited is optimistic about the future prospects of the Castor Lithium Project and believes that the collaboration with CDC will pave the way for groundbreaking discoveries and advancements in the lithium exploration sector.

Exploration Manager, Mr Jonathan King, stated, 

“Following recent delays due to wildfires and subsequent workforce shortages in the region, we are very excited to finally get on the ground at Castor and begin our field exploration program. Over the last few months, we have been working diligently to refine our targets for this program, giving us the best chance of exploration success”.

About us:

Summit Minerals Limited is an Australian-focused ASX-listed battery mineral exploration Company with a portfolio of projects in demand-driven commodities. It is focused on systematically exploring and developing its projects to delineate multiple JORC-compliant resources.

Contact details:

Jane Morgan


More from this category

  • Finance Investment, Taxation
  • 07/12/2023
  • 16:38
Chartered Accountants ANZ


Chartered Accountants Australia and New Zealand welcomes and congratulates Mr Rob Heferen on his appointment as Commissioner of Taxation. Mr Heferen is well known and highly regarded in the tax profession having previously served as Treasury's Revenue Group leader. He has written extensively on a broad range of tax policy issues. He led the Secretariat for the Henry Tax Review. CA ANZ looks forward to working with Mr Heferen and the ATO leadership team as they tackle the many challenges ahead. These include implementation of the government's international tax reforms and the ongoing modernisation of the way the federal government…

  • Contains:
  • Finance Investment
  • 07/12/2023
  • 14:22

CSLR appoints CEO and a new director

The Compensation Scheme of Last Resort (CSLR) Transitional Board today announced two key appointments ahead of the scheme's scheduled commencement in April 2024. They are David Berry as the inaugural Chief Executive Officer (CEO) and Delia Rickard as a Non-Executive Director. Mr Berry commences as CEO on Monday 11 December 2023. Mr Berry brings extensive experience as an executive, non-executive director and consultant who has made significant contributions to the financial services and consumer sectors through his strong leadership and change agenda. “David will bring a unique set of skills and experience to this role which balance both industry and…

  • Finance Investment, Oil Mining Resources
  • 07/12/2023
  • 14:01
Zenith Minerals (ASX:ZNC)


Zenith Minerals (ASX: ZNC), a leading mining and exploration company, is excited to announce a significant expansion in the number of lithium targets at…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time your distribute with Medianet. Pay per release or save with a subscription.