PowerStone Metals, Libra Lithium merge to create Ontario critical minerals explorer

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Libra is focused on the discovery and development of its Soules Bay-Caron (SBC), Flanders North, and Flanders South 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 the summer of 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 also announced in December that its Flanders South, Flanders North and SBC lithium projects…

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