- CEO
- Kenneth Richard Ralfs
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 200 Burrard Street Vancouver BC Canada V6C 3L6
- IPO Date
- Jan 4, 2011
- Business
- Black Spruce Exploration Inc. engages in the acquisition, exploration, and development of lithium-rich mineral properties in North America, with a focus on Ontario and Quebec. The company previously operated under the name Lithium One Metals Inc. and changes its corporate identity to Black Spruce Exploration Inc. in late 2025, reflecting a strategic repositioning within the lithium sector. Headquartered in Vancouver, British Columbia, the company maintains a portfolio of lithium projects spanning Quebec’s James Bay and Cyr-Kapiwak areas as well as Ontario properties such as Alice and Taycan, with project scales ranging from several hundred to a few thousand hectares. Founding year is 2006. The company’s operations encompass property acquisition, geological evaluation, initial exploration, mapping, sampling, and related due diligence activities designed to advance lithium resources toward feasibility and development.
Main products and services: lithium property acquisition; geological exploration and evaluation; mapping, prospecting, and sampling programs; early-stage project development and due diligence; data collection and reporting on lithium mineralization; stakeholder engagement and permitting support; corporate and financial advisory related to mineral property transactions.
Latest major changes: completes corporate name change from Lithium One Metals Inc. to Black Spruce Exploration Inc. in December 2025; conducts share consolidation (1 new share for 3) concurrent with the name change; expands project portfolio in James Bay and Cyr-Kapiwak areas; advances multiple lithium exploration programs across Ontario and Quebec; reports quarterly performance reflecting ongoing exploration activities and associated expenditures; engages in strategic communications to align investors with its lithium-focused strategy.
Industry and segments: natural resources mining; minerals exploration; lithium exploration and development; resource property investment and management. Target markets: institutional and retail investors, potential partner and off-take customers in the lithium supply chain; geoscience contractors and project vendors. Geographic operations: Canada (Ontario and Quebec) with headquarters in Vancouver, British Columbia, and management oversight from Toronto and other regional offices as required by project activity. Subsidiaries/parent: operates as an independent Canadian exploration company; no stated parent company, though previously relation to the Lithium One Metals corporate lineage is acknowledged via name history.