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Libra Energy Materials Initiates First Drill Program at Stimson Lithium-Cesium Project in Ontario

STRATEGIC MINERALS

Libra Energy Materials Inc. has mobilized for its inaugural drill program at the 100%-owned Stimson Project in Ontario's Case Lake Lithium-Cesium District. The project, acquired in 2025, is strategically located near Power Metals' Case Lake deposit.

The initial drilling will test a historical unassayed hole that indicated three intervals of possible spodumene. The drill program aims to assess the potential for lithium-bearing pegmatite at Stimson.

In addition to targeting spodumene, Libra will evaluate pollucite, a key cesium mineral. The company has also issued 250,000 stock options at an exercise price of $0.18, subject to Canadian Securities Exchange approval.

Libra Energy Materials Initiates First Drill Program at Stimson Lithium-Cesium Project in Ontario
Feb 4, 2026, 6:05 AM

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