Stria Lithium Inc. The Pontax Central Project Joint venture (Cygnus Metals 51%/Stria 49%) now has a maiden resource estimate produced by Cygnus metals. This JORC estimate establishes Pontax Central as a serious player in the Canadian Lithium James Bay region. Cygnus Metals being an ASX issuer, they adhered to Australian JORC Code 2012 guidelines, meaning that such mineral resource estimate is not necessarily current in regard of the Canadian National Instrument 43-101 code.

Cygnus published a Maiden inferred Resource Estimate (MRE) of 10.1Mt at 1.04% Li2O based on the central area of the known mineralisation. With only 11,328 metres of drilling and a cost of CAD 0.49 per tonne of resource the company can conclude that this strategy is extremely beneficial to investors in creating real value in the ground per dollar of investment.