
Libra is a Canadian mineral exploration company focused on the discovery and development of the critical minerals necessary for the green energy transition. Libra’s Flanders North, Flanders South, and SBC projects in Ontario are being explored under a $33M earn-in deal with KoBold Metals Company.
Active mining projects and exploration sites
Geology:The rocks underlying the Definopolis projects are mainly Araxa Group quartzites and intrusive ultrabasic and gabbroic rocks as dikes or plugs.
The Nemiscau property is in the James Bay region in northern Quebec, approximately 410km north of the city of Val-d’Or (Fig. 1).
PROJECT SUMMARY:The Penelope REE Project in Minas Gerais, Brazil, presents an attractive early-stage opportunity in a highly prospective region known for emerging ionic adsorption clay (IAC) and hard-rock REE potential.
The Stimpson project is strategically located along strike of Power Metals’ Case Lake Li-Cs-Ta (LCT) deposit, straddling the same boundary between the Quetico and Abitibi subprovinces. Importantly, a historical drill log at Stimpson noted three intervals, the largest being 39.8m (60.0 – 99.8m) logged as a ‘granitic complex’, an unknown portion of which was pegmatite containing possible spodumene in DDH PT94-11 (OGS Assessment Record 42H02SE0010).
Project Summary:The Toivo project was staked by Libra in July 2024 following a highly successful ~2-week prospecting program at the nearby SBC project in June 2024, which resulted in the discovery of 18 new spodumene occurrences with grab samples returning up to 6.64% Li2O and spodumene-bearing dykes up to 30m wide (Fig. 1). These results led to the formation of a strategic partnership with KoBold Metals on the SBC project. Strategically located along the Uchi Subprovince boundary in the Lake St. Joeseph greenstone belt and trending along strike of the Greenbush Lithium occurrence which has returned 15m @ 1.25% Li2O from a historic chip sample. Historical maps show the presence of pegmatite dykes on the property, but no exploration work focused on lithium has ever been documented. The property is located approximately 50km south of the full-service town of Pickle Lake, ON, and is only ~15km to the east of four-season Highway 599 (Fig. 1).
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Libra Lithium Corp. (CSE: LIBR) is a lithium-focused mineral exploration company with ground in Canada.
The company holds 5 projects on file, at the early exploration stage.
1 financing is on record, totalling approximately $700K, most recently in August 2026.
20 press releases are tracked here, 1 of them financing-related, with the most recent dated Aug 28, 2026.
Libra is a Canadian mineral exploration company focused on the discovery and development of the critical minerals necessary for the green energy transition. Libra’s Flanders North, Flanders South, and SBC projects in Ontario are being explored under a $33M earn-in deal with KoBold Metals Company.
| Listing | CSE: LIBR |
|---|---|
| Market capitalisation | $4.1M |
| Projects on file | 5 |
| Commodities | Lithium |
| Jurisdictions | Canada |
| Financings on record | 1 |
| Project | Commodity | Location | Stage |
|---|---|---|---|
| Deflinopolis Co-Ni Project | Lithium | Canada | Early exploration |
| Nemiscau | Lithium | Canada | Early exploration |
| Penelope Project | Lithium | Canada | Early exploration |
| Stimson | Lithium | Canada | Early exploration |
| Toivo | Lithium | Canada | Early exploration |
| Announced | Type | Amount | Warrants |
|---|---|---|---|
| Aug 31, 2026 | Private placement | $700K | — |
Warrants attached to past raises are future dilution at a fixed price. The Warrant Overhang Radar tracks the resulting overhang, and the Dilution Tracker shows how the share count has grown.