PowerStone Metals, Libra Lithium merge to create KoBold-backed critical minerals explorer

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Libra is focused on the discovery and development of its Soules Bay-Caron, (SBC) Flanders North, Flanders South, and Oz lithium projects in Ontario.  

Libra also has 100% ownership over its Toivo, Burton, Bitchu, Tennant, Battery Hill and Kivinen projects in Ontario and its Nemiscau project in Quebec. 

In summer 2024 Libra discovered a new pegmatite field in the span of less than two weeks at SBC, with 18 spodumene outcrops, pegmatites up to 30m wide, samples up to 6.64% Li2O, and spodumene crystals up to 0.4m long, Libra Lithium CEO Koby Kushner said in a December news release.  

“With limited capital, we were able to build a company with a large portfolio of lithium assets and discover lithium mineralization on three grassroots projects in under a year,” he said. 

Earn-in deal with KoBold Metals  

Libra announced this month that its Flanders South, Flanders North and Soules Bay-Caron lithium…

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