Coniagas Battery Metals has strategically acquired a new property package named Dartagnan, covering 28,397 hectares adjacent to SOQUEM's Cardinal Property in the Chibougamau region of Quebec. This significant expansion underscores the company's commitment to capitalizing on the region's potential for high-grade copper-nickel-cobalt-platinum group element deposits, which are increasingly important for battery technologies and the clean energy transition.
According to Coniagas Battery Metals CEO Frank Basa, the newly acquired Dartagnan property package consists of 531 claims spanning 28.3 square kilometers. The strategic location offers substantial infrastructure advantages, including highway access to the southern part and a network of logging roads providing access to other areas. The Dartagnan South portion particularly benefits from a power corridor leading to Chibougamau, enhancing the property's development potential and operational efficiency for future exploration activities.
By staking ground adjacent to SOQUEM's Cardinal Property, Coniagas has leveraged local prospectors' expertise and regional geological data, including magnetic features and lake sediment samples with anomalous base metals. This proactive approach demonstrates the company's dedication to identifying and securing promising exploration targets with potential for significant mineralization. The acquisition represents a strategic move to strengthen Coniagas' position in the competitive battery metals sector while contributing to the development of domestic critical mineral resources.
The Dartagnan property acquisition marks a significant milestone for Coniagas Battery Metals as it expands its footprint in this highly prospective mining region. With access to key infrastructure and leveraging comprehensive geological data, the company is well-positioned to advance exploration efforts and unlock the property's mineral potential. This expansion aligns with growing global demand for battery metals and supports the development of secure supply chains for critical minerals essential for electric vehicles and renewable energy technologies.
