Libra Energy Materials (CSE:LIBR) Webinar – Kamoa Capital

Libra Energy Materials (CSE: LIBR | OTCQB: LIBRF) is a Canadian explorer that has made two new lithium projects in Québec’s James Bay region its flagships. Cisco West is directly contiguous with, and partially surrounded by, Q2 Metals’ Cisco project (295Mt at 1.36% Li2O inferred) and holds about 45km of strike along the Nottaway Deformation Zone. Obamska covers 9,779 hectares of the Frotet-Evans greenstone belt and hosts large outcropping lithium-caesium-tantalum pegmatites. Both benefit from the Billy Diamond Highway and the CN railhead at Matagami. Mineralisation on adjacent properties is not necessarily indicative of mineralisation on Libra’s projects.

Phase 1 prospecting in June 2026, completed in five days, defined a clear priority target in the south of Obamska. Eight of nine muscovite samples with K/Rb ratios below 15 cluster in an area of about 650 by 400 metres, alongside the highest lithium assays (up to 739ppm Li) and beryl-bearing pegmatites spread over more than 2km. An eight-person Phase 2 program ran from 26 August to 12 September, also testing the Nottaway shear zone at Cisco West, with assays expected by the end of 2026.

In Ontario, KoBold Metals can earn 75% of the Flanders North, Flanders South and SBC projects by spending up to C$33 million over six years. KoBold met its initial C$750,000 minimum commitment in 2025, and more than twenty lithium-bearing pegmatite outcrops have now been identified across the three projects, none yet drilled. Libra raised C$2.6 million across two financings in September, including a flow-through placement led by Québec institutional investors SIDEX and NQ Mining Investment, and says it is fully funded for its next catalysts at Cisco West and Obamska.