Mosaic Minerals Corporation announced the start of prospecting work on the Lithium SM project after several weeks of delays caused by forest fires. Covering 10,864 hectares (194 cells) and located 40 km north of the Quevillon mining sector, this project is easily accessible by forest and secondary roads linking Quevillon to Matagami. The Lithium SM property, 20 kilometers long by approximately 10 kilometers high, is intersected in its center by an EW fault as well as by a few faults trending ENE.

In the southern part of the property, numerous lithium anomalies associated directly with pegmatites currently suggest a favorable horizon of more than 5 kilometers. At the center of the project, a volcanic band runs east to west along a high-intensity magnetic anomaly. Several electromagnetic conductors are twinned with this volcanic horizon and this magnetic anomaly.

The showings composed of strategic minerals in Cu, Zn, Ni and Li seem to be associated with this corridor.