Millennial Lithium (ML.V), full speed ahead… initial production in 2022

Earlier this month, the Mining Court of Salta granted Millennial Lithium’s (TSX-V: ML) / (OTCQX: MLNLF) Argentine subsidiary four mining licenses on its 100%-owned Pastos Grandes project in Salta province. Readers may recall that Millennial recently delivered a Bank Feasibility Study (“BFS“) and expects to reach initial production in 2022 (subject to funding & permits), ramping up to nameplate capacity of 24,000 tonnes LCE/yr. by mid-decade.

Ceylon Graphite (CYL.V) up nearly double since shift to production

No resource, no multi-million dollar raise, no problem. Ceylon Graphite (CYL.V), which has taken the unusual (in mining circles) decision to just freaking start digging, rather than go through eight years of behind-protection, triangulation, and capital raising first, is up 20% today as the first containers fill with graphite and execs chase down end user agreements. With stock selling for just $0.06 a few days ago, volume has increased and buyers are being found, leading the stock to $0.095 at the time of writing.

Falcon Gold (FG.V) is a tiny little bet on a big fat gold region

Close-ology is a mining term used to describe companies that are close to another company that is running red hot, and may justifiably make the case that they can be hot too. For some, like serial ring-staker Ryan Kalt, close-ology is a business model. The moment someone announces they've found something interesting in Dildo, Newfoundland or Punkydoodle Corners, Ontario, Kalt's crew hops on their laptops, busts out the credit card, and register claims all around it, sometimes without ever having walked the land.