Beyond Lithium (CSE:BY, OTCQB:BYDMF) is a mineral exploration company with the largest portfolio of greenfield lithium assets in Ontario, comprising 27 high-potential, greenfield lithium properties covering more than 119,000 hectares.

Adopting a project-generator model, Beyond Lithium is well-positioned to capitalize on the rapidly growing global need for lithium. Experts are predicting the global lithium market will reach US$22.6 billion by 2030. This demand for lithium offers investors several opportunities to capitalize on the global rush for the critical minerals required to propel both the EV industry and the clean energy transition. Adding to this opportunity is Canada’s designation of lithium as a critical mineral to support the country’s transition to clean technologies.

The company’s growth strategy is driven by four strategic pillars:

• Quality assets
• Ontario-focused assets (while still open to other strategic jurisdictions)
• Financial discipline
• Favorable share structure

Moving forward with the project-generator model, Beyond Lithium is advancing the most critical projects with its exploration team, while also seeking to option or joint venture other properties to various venture partners. This allows the company to maximize exploration dollars and minimize dilution.

“By adopting the project generator model, our shareholders will be exposed to multiple projects being advanced at once – hence increasing the likelihood of a discovery – with a significant portion of the exploration costs being incurred by our partners,” said Allan Frame, president and CEO.

“There are several compelling and strategic reasons to focus on Ontario. Ontario is quickly emerging as a reliable global supplier of responsibly sourced critical minerals. World-class deposits of high-purity, low-iron spodumene are currently being discovered and advanced toward production in Ontario. We are confident more of these deposits remain to be discovered here. While other jurisdictions such as Quebec have seen success, we feel the economics of transactions being done in Ontario being more compelling and conducive to creating shareholder value,” Frame added.

An expert management team with experience throughout capital markets leads the company toward its goals, including Frame, who brings 40 years of experience throughout the mining industry. Beyond Lithium has an excellent share structure, with insiders and founders owning about 50 percent of the company.

Beyond Lithium carried out the 2023 exploration in two phases:

1. Phase 1: assess the prospectivity of each of the projects based on geochemistry, structure, lithology, and mineralogy through systematical mapping and sampling. 
2. Phase 2: follow up on the results from the Phase 1 program and perform detailed mapping and sampling including stripping and channel sampling to delineate and to prioritize higher exploration areas and potential drill targets.

In the 2023 exploration season, Beyond Lithium successfully prospected 50 out of the 63 projects in the Phase 1 program. Based on the results from the Phase 1 program, Beyond Lithium has selected 18 Projects to advance for Phase 2 exploration.

In addition, Beyond Lithium has made three major discoveries in less than 6 months of field work in 2023:

1. Cosgrave Lake Project – brand new LCT Pluton discovery in the Georgia Lake District
2. Victory Project – spodumene-bearing pegmatites discovery along a 6 km long exploration corridor
3. Ear Falls Project – spodumene-bearing pegmatites discovery along a 13 km long exploration corridor

In August 2023, the company unveiled the discovery of a new LCT pegmatite stock – also known as a fertile pluton – at its Cosgrave Lake project. The discovery was named the Allan Graeme (AG) Pluton in recognition of those individuals who played a significant role in its discovery. The Cosgrave Lake project was one of the earlier projects being prospected as part of Beyond Lithium’s phase 1 program. Since the discovery of the AG Pluton, Beyond Lithium’s technical team continued exploring at the Cosgrave Lake Project and is able to establish a lithium-associated minerals zonation and a fractionation zonation around the AG Pluton. In November, a grab sample from a pegmatite in the highly fractionated zone assayed up to 0.39% Li2O indicates the proximity to the potential discovery of a higher-grade lithium spodumene zone. The discovery of the AG Pluton and the indication of the proximity to the potential discovery of spodumene mineralization at the Cosgrave Lake project unlocks tremendous lithium exploration opportunities for Beyond Lithium. Based on the mapping and the regional geology of the area, the exploration corridor at the Cosgrave Lake Project is over 11 km in strike length and the 2023 exploration program has covered less than 10% footprint of the entire Project.

In September and October 2023, Beyond Lithium has made two spodumene discoveries that are located 100 km distance of each other.

The first spodumene discovery is at the Ear Falls Project covering more than 20,000 hectares, with grab samples returning up to 4.54 percent lithium oxide (Li₂O) located 10 minutes away from the town of Ear Falls. In less than two months of field work since the discovery of the spodumene mineralization at Ear Falls in September 2023, the company completed its stripping and winkie-drilling program at the Wenasaga North Zone of the Ear Falls Spodumene Project to gather additional geological data and delineate and prioritize targets for the upcoming extensive drilling program. The Wenasaga North Zone only encompasses less than 1% of the footprint of the entire Project. Furthermore, the grab samples collected from the 2023 exploration program has effectively outlined a 13 km long exploration corridor at the Ear Falls Project and has uncovered the Sandy Creek West Zone on top of a 100m wide ridge that has an identical geochemical background as the Spodumene-bearing Wenasaga North Zone. In other words, the Sandy Creek West Zone has the same potential of hosting spodumene-bearing pegmatites as the Wenasaga North Zone.

The second spodumene discovery is the Victory Project which spans over 16,000 hectares located 40 kilometers east of Kenora and 70 kilometers west of Dryden. The company completed a detailed mapping and sampling program at the two spodumene pegmatites, the Bounty Gold and the Last Resort Pegmatites, on the Victory Project.

Beyond Lithium has submitted exploration permit applications for both the Ear Falls and the Victory Projects to the Ministry of Mines in Ontario to apply for stripping/trenching and drilling activities in 2024.