Lichen Project

Lichen Project as reported in Mosaic Minerals Corp.’s news releases, read by Mining News Terminal. Each row links to its release.

Drill results

Date	Hole	Best intercept	Holes in release
2022-08-30	GA-22-10	0.23% Ni / 120m	2

Date	Program	Size	Method and metal
2023-08-03	ground, started	—	lithium
2022-08-30	drilling, completed	3 holes	gold, nickel
2022-08-30	ground, completed	—	gold, nickel
2022-06-09	drilling, completed	—	copper, nickel
2022-06-09	geophysics, completed	—	copper, nickel

Date	Deal	Status	Interest	Area
2024-06-11	option out	signed	100%	15,622 ha
2024-04-26	option out	proposed	100%	15,622 ha
2021-05-25	option in	signed	100%	9,968 ha
2021-05-19	option in	signed	100%	9,968 ha

Date	Royalty	Holder	Status
2024-06-11	NSR 2%	Sell Up	agreed
2021-05-19	NSR 2%	Mosaic Minerals	—

Date	Headline
2024-06-11	Mosaic Signs Option Agreement With Castlebar Capital to Sell Up to 100% Interest in the Lichen Project
2024-04-26	Mosaic Signs Letter of Intent to Sell Up to 100% Interest in the Lichen Project
2023-08-03	Mosaic Minerals Starts Prospecting on Lichen and Adds Claims on Abrat Sm, Nunavik, Quebec
2022-08-30	Mosaic Intersects 120 Meters at a Grade of 0.23% Ni on Gaboury
2022-06-09	Mosaic Completes the First Part of its Drilling Campaign on Gaboury
2021-05-25	Lichen Property Option Closed
2021-05-19	MOSAIC ACQUIRES 100% OF THE LICHEN EXPLORATION PROJECT