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Alchemist drops option to acquire 70% of Great Thunder's Nemaska Lake property

Alchemist Mining Inc. terminated an option agreement with Great Thunder Gold Corp. to acquire a 70% interest in the Nemaska Lake lithium property in Quebec, it said Dec. 18.

The companies entered the option deal in September 2016.

Alchemist noted that it continues to evaluate other potential business ventures to create shareholder value. The management is also overviewing a work program budget for the company's Aubaine property.