Exciting Drill Results from Linear Minerals at Augustus Lithium Property
Vancouver, BC – April 10, 2025 – Linear Minerals Corp. (CSE:LINE)(OTCQB:LINMF)(WKN:A2J C89) (“Linear” or the “Company”), a leading lithium exploration company, recently announced the results of two drill holes, LC24-98 and LC24-99, from its 2024 exploratory drill program at the Augustus Lithium Property in Quebec, Canada. These promising results have sent ripples of excitement through the lithium industry.
Drill Hole LC24-98: A Significant Intercept
The first hole, LC24-98, encountered a noteworthy intercept of 0.39 percent (%) lithium oxide (Li2O) over 17 m at a depth of 61.50 m. This discovery is significant as it indicates the presence of a substantial lithium deposit within the property.
Additional Intercepts in Drill Hole LC24-98
Furthermore, the drill hole LC24-98 contained three other smaller intercepts of lithium oxide, adding to the overall potential of the deposit. The exact dimensions and composition of these intercepts are as follows:
- 0.07 percent (%) Li2O over 4 m at 62.43 m depth
- 0.09 percent (%) Li2O over 4 m at 63.51 m depth
- 0.11 percent (%) Li2O over 3 m at 63.98 m depth
Impact on the Lithium Industry and Consumers
The successful drill results at the Augustus Lithium Property are expected to have a significant impact on the lithium industry. Lithium is a critical component in the production of lithium-ion batteries, which are essential for powering electric vehicles and portable electronics. With the demand for these technologies on the rise, securing a reliable and sustainable supply of lithium is crucial.
This discovery by Linear Minerals could potentially lead to the development of a new, large-scale lithium mine in Quebec, contributing to the global lithium supply and reducing the reliance on existing sources, such as Australia and Chile. As a result, consumers may benefit from increased competition and potentially lower prices for lithium-ion batteries.
Global Implications
Beyond the lithium industry, the successful drilling results at the Augustus Lithium Property could have far-reaching implications for the global economy. The transition to renewable energy sources and the widespread adoption of electric vehicles are key drivers of growth in various industries, including automotive, energy, and technology. A stable and plentiful supply of lithium is essential to support this transition.
Conclusion
In conclusion, Linear Minerals’ recent discovery of a substantial lithium deposit at its Augustus Lithium Property in Quebec, Canada, is an exciting development for the lithium industry and consumers alike. With the increasing demand for lithium-ion batteries, securing a reliable and sustainable supply of lithium is crucial. This discovery could potentially lead to the development of a new, large-scale lithium mine in Quebec, contributing to the global lithium supply and potentially reducing battery prices for consumers. The global implications of this discovery extend beyond the lithium industry, as a stable and plentiful supply of lithium is essential for the transition to renewable energy sources and the widespread adoption of electric vehicles.
Stay tuned for further updates from Linear Minerals as they continue to explore and develop their Augustus Lithium Property.
