Foremost Lithium Resource and Technology has announced it has entered into an option agreement with Strider Resources where it has the right to acquire a 100 percent interest in the Peg North Claims in the Snow Lake mining district.  President John Gravelle reports the Peg North Claims consist of 28 claims hosting five known pegmatite dykes and captures the northern extension of the Crowduck Bay Fault and surrounding area known for its lithium enriched pegmatite dyke clusters.  He says the acquisition pursuant to the Option Agreement will significantly expand the Company’s Snow Lake lithium holdings by 6757 hectares to an amalgamated 17,400 hectares in the prospective Snow Lake pegmatite fields……

“We’re going to take this new land package that we have and we’re going to do our disciplined exploration strategy the way we always have.  That means we’re going to use airborne magnetics, we’re going to use geochemical work in prospecting and we’re going to use the results of that to identify our highest quality drilling targets.”            

Gravelle adds the electrification movement is amongst us and the increase in demand for lithium will be here for decades to come.