Pegmatite One Lithium and Gold Corp.
0.18
CAD
0.00
(0.00%)
Pegmatite One Lithium and Gold Corp.
CSE:PGA
(Canadian Securities Exchange)
Recent
price
0.18
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Pegmatite One Lithium and Gold Corp., currently transitioning its corporate identity to Allegiance Resources Corp., is a junior mineral exploration company engaged in the identification, acquisition, exploration, and evaluation of critical and precious mineral properties in North America. The company's principal exploration assets and mineral holdings comprise the Golden Scheelite Tungsten Project, consisting of 17 unpatented lode mining claims in Humboldt County, Nevada; the Morrison River Lithium Property, covering multiple mining claim units in the Muskrat Dam Lake greenstone belt of Northwestern Ontario; the Frazer Lake Mound Property, a spodumene-bearing lithium exploration project located in the Thunder Bay Mining Division of Northwestern Ontario; and the Georgina Property, a gold prospect covering approximately 2,069 hectares within the Nanaimo Mining Division on Vancouver Island, British Columbia. The company conducts mineral exploration programs including geological mapping, geochemical sampling, channel sampling, core drilling, metallurgical assaying, and geophysical survey analysis to evaluate and advance resources of tungsten, lithium, gold, and associated critical metals. In recent corporate developments, the company announced a name change to Allegiance Resources Corp. along with an updated ticker symbol of ALLG on the Canadian Securities Exchange; expanded its critical minerals exposure through the direct staking of the Golden Scheelite Tungsten Project in Nevada via its wholly owned U.S. operating subsidiary, Wolfram Critical Minerals Inc.; executed an option agreement with Valor Resources on the Frazer Lake Mound lithium project; completed a 1-for-10 share consolidation; and transitioned to a semi-annual financial reporting framework. Pegmatite One Lithium and Gold Corp. was incorporated in 2021 as Madi Minerals Ltd. and is headquartered in Vancouver, British Columbia, Canada.