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.
I’ve been to about a decade of Vancouver Resource Investment Conferences, the big Cambridge House BC mining convention that runs every year around this time and, for much of that decade, the mood has been fairly dour.
Fairmont Hotel gadfly and resource exploring ‘man about town’ Jared Lazerson, otherwise known as the CEO of MGX Minerals (MXG.C), put out a hasty news release this afternoon suggesting news of his termination had been greatly exaggerated.
Gold, TA, a breakdown in bond yields, and a few insights into Nexus Gold (NXS.V) and Cypress Development (CYP.V)
Two of our resource clients have been active traders in recent sessions. There’s been some nice price and volume movement. But no significant catalyst behind the moves, not that I can see, cept for the fact that both companies appear waaay undervalued based on the quality of their project portfolio.
Cypress Development (CYP.V) hitting its stride, demonstrates high lithium recoveries at Clayton Valley, Nevada
Cypress Development (CYP.V) was back in the news recently, hitting another milestone, de-risking its Clayton Valley lithium project in mining friendly Nevada.
On June 20th, E3 Metals (ETMC.V) announced it had engaged Integrated Sustainability – a leader in water management science and engineering – to help advance the company’s massive Leduc Reservoir lithium resource further along the development curve.
Cypress Development (CYP.V) continues to de-risk its Clayton Valley Lithium project, setting sights on tabling a detailed, authoritative and high-quality economic study later this summer.
You might be wondering, “is the E-Mobility (Electro Mobility) supercycle for all things on wheels and water really on?”
Lithium demand is set to explode with the coming alternative energy revolution and miners are positioning themselves to capitalize on this trend.
The amount of lithium carbonate equivalent (LCE) used in electric vehicle batteries increased 76% in February 2019 when compared to the same period last year, according to battery metals tracker Adamas Intelligence.
Equity.Guru video: E3 Metals’ (ETMC.V) potentially disruptive lithium extraction tech with Fabi Lara
E3 Metals (ETMC.V) is working to revolutionize lithium extraction utilizing the ‘petro-lithium’ in Alberta’s storied Leduc Formation.