March 19, 2025 — “Coniagas Battery Metals Inc. (TSXV: COS) is positioned in ‘elephant country,’ known for extraordinary deposits,” stated CEO Frank Basa during an interview with InvestorNews.com host Tracy Hughes at PDAC 2025. Basa emphasized the exceptional exploration potential of the company’s Graal property near Saguenay, Quebec, highlighting significant nickel, copper, cobalt, and platinum group metals (PGM) discoveries. According to Basa, the initial drilling results indicate grades frequently exceeding 1%, with certain intersections even reaching double-digit percentages. “Regardless how you look at it, the grades are unbelievable over extremely wide widths,” he remarked, adding that the deposit has a compelling open-pit potential, coupled with deeper underground mining possibilities, since “historically, the deeper you go, the better the grades.”
The strategic importance and resource potential of Quebec as a mining jurisdiction was also underscored by Basa. Referring to Quebec as exceptionally supportive, he noted, “you pick up the phone…and they say, ‘how can we help, what can we do …