Pegmatite One Lithium and Gold Corp. (PGA)

Overview

Pegmatite One Lithium and Gold Corp., formerly known as Madi Minerals Ltd., focuses on the exploration and development of mineral properties with an emphasis on lithium and gold. The company, established in 2021, has rapidly positioned itself within the dynamic and resource-rich landscapes of British Columbia and Ontario, Canada. With its headquarters in Toronto, Canada, Pegmatite One is strategically positioned to advance its exploration activities and capitalize on the increasing demand for critical minerals. Through a combination of acquisitions and exploration initiatives, Pegmatite One has secured interests in promising properties, indicating a robust approach to resource exploration and development. The company's rebranding to Pegmatite One Lithium and Gold Corp. in January 2023 underscores its commitment to becoming a significant player in the exploration of lithium and gold deposits, vital components in various industrial, technological, and jewellery manufacturing sectors.

Products and Services

• Lithium Exploration:

Focused primarily on lithium deposits, Pegmatite One is strategically targeting the exploration of lithium-rich areas within their properties. Lithium, a crucial element in the manufacture of batteries, particularly for electric vehicles (EVs) and renewable energy storage systems, represents a significant part of the company's exploration initiatives. By concentrating on the development of lithium resources, Pegmatite One aims to contribute to the green energy transition and meet the growing global demand for this critical mineral.

• Gold Exploration:

In addition to lithium, the company also engages in gold exploration, tapping into the enduring value and demand for gold in global markets. Gold, known for its investment, jewelry, and industrial applications, remains a staple in mineral exploration and mining. Pegmatite One's activities in seeking out new and viable gold deposits underscore its commitment to diversifying its mineral exploration portfolio and leveraging the intrinsic value of gold to bolster its growth and value proposition to investors.

• Property Holdings:

Pegmatite One holds a 100% interest in the Frazer Lake-Mound property, which consists of 279 unpatented single cell mining claims located in Ontario, Canada. This property is central to its lithium and gold exploration projects. Additionally, the company holds a 75% interest in the Georgina property situated in British Columbia. These strategic property interests reflect the company’s assertive approach in securing potential sites for exploration and development, laying the groundwork for future extraction and production activities.