St-Georges Acquires Le Royal Lithium Discovery $SX.ca
The independent due diligence report highlights:
-Sample collected yields 2.58% LiO2
-Regional geological environment is favorable to potential large discovery
-Most of the lithium found in the sample is contained in Lepidolite
-There is presence of spodumene
Montreal, Quebec / October 12, 2016 – St-Georges Platinum and Base Metals Ltd. (CSE:SX) (OTC:SXOOF) (FSE:85G1) is pleased to announce that based on the results and recommendations of the independent due diligence report recently received, the Company will move forward with the acquisition of Le Royal Lithium project.
The independent due diligence report highlights:
-Sample collected yields 2.58% LiO2
-Regional geological environment is favorable to potential large discovery
-Most of the lithium found in the sample is contained in Lepidolite
-There is presence of spodumene
-Compilation of historical geological data indicate multiple exploration targets
FEATURE: Nevada Energy Metals (TSXV:BFF) Growing Exploration Portfolio in Nevada’s Lithium Hub $BFF.ca
TSX-V: BFF, OTC Pink: SSMLF
Growing Exploration Portfolio in Nevada’s Lithium Hub
Overview
Nevada Energy Metals (TSXV:BFF) (OTQB:SSLMF) (Frankfurt:A2AFBV) is an exploration company focused on the acquisition and exploration of lithium brine projects in the world-class mining jurisdiction of Nevada. To date, a number of highly attractive prospects have been investigated and approved for immediate acquisition. An advisory board has been formed to better assist in the selection, management and development of these lithium projects.
The Company has recently completed:
(1) a 100% option-out agreement, 3% net-smelter royalty of the Dixie Valley Project (348 of 910 total claims covering 7,363 hectares/28.4 square miles) to LiCo Energy Metals (LIC.TSXV), covering the majority of the Humboldt Salt Marsh playa in Churchill County, Nevada;
(2) acquisition of 100% of the Big Smokey Valley Project (160 placer claims covering 3,200 acres/1,295 hectares) located in Nye County, Nevada;
(3) acquisition of 100% ownership in the Black Rock Desert Project (128 claims covering 2,560 acres/1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada;
(4) a 70/30 farm-out option JV to American Lithium Corp (LI.TSXV) on 77 claims in Clayton Valley, approximately 250m from the Rockwood Lithium mine, the only brine based lithium producer in North America;
(5) acquisition of 100% in the Teels Marsh West project (100 claims covering 2000 acres/809 hectares) in Mineral County, Nevada;
(6) acquisition of 100% ownership in the San Emidio Project (155 claims, 3,100 acres/1,255 hectares) near Empire, Washoe County, Nevada;
(7) the acquisition of the Alkali lake Project, 60% Option from Dajin Resources Corp. (191 claims covering 3,820 acres/1,558 hectares) in the Esmeralda County, Nevada.
Press Release Highlights
- Announced significant lithium results from initial surface exploration at Black Rock Desert
- Tim Fernback has joined the company as the CFO
- Randy Avon has joined the advisory board for the company
- Paid full annual Bureau of Land Management (BLM) fees for all seven projects
- Agreed to Joint Venture on the Clayton Valley BFF-1 Lithium Project with American Lithium (LI.TSXV)
- Agreed to an Option Agreement with LiCo Energy Metals (LIC.TSXV) at the Dixie Valley Project.
- Completed upgrade to the OTCQB® Venture Market
- Expanded the San Emidio Project and will being a lithium exploration survey, with results available in Fall 2016
International Lithium Corp. and Pioneer Resources Increase Claims and Mobilize Crews to the Mavis and Raleigh Lithium Pegmatite Projects, Ontario, Canada
VANCOUVER, BC / October 11, 2016 / International Lithium Corp. (TSXV: ILC.V) (the “Company” or “ILC”) in conjunction with strategic partner Pioneer Resources Limited (“Pioneer”) (ASX: PIO) have mobilized field crews to the Mavis and Raleigh lithium pegmatite projects east of Dryden, Ontario, Canada. In addition, 3 claims totalling 640 hectares (1,581 acres) were added to the west and along trend of the high-grade lithium spodumene pegmatites adjacent to the Mavis project boundary.
Planned Exploration Programs’ Key Highlights:
Mavis: 400 lithogeochemical (rock chips) sample program to refine drill targets in high priority areas;
Mavis West:
- 3 claims totalling 640 hectares newly staked to encompass extension of high-grade pegmatites near western edge of previous Mavis project boundary;
- 58 km ground magnetic survey to delineate target lithology along pegmatite trend;
- 100 lithogeochemical sample program to define continuation of pegmatite corridor;
Raleigh:
- 500 lithogeochemical sample program to refine and extend drill targets in high priority areas;
- Comprehensive airborne magnetic survey across entire project to delineate target lithology to assist with drill placement;
Mavis and Raleigh Exploration Programs
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JV agreement will bring aramid fiber to lithium-ion batteries
Elegus Technologies Inc., a University of Michigan spinoff that hopes to make lithium-ion batteries safer and last longer, whether in electric vehicles, smartphones or laptops, has formed a $1.5 million joint venture with two Michigan battery makers.
Elegus’ technology involves using aramid fiber, rather than more common thermoplastic materials in its lithium-ion cells.
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Nemaska Lithium Project Shaping Up on Time and on Budget $NMX.ca
QUEBEC CITY, QUEBEC–(Marketwired – Oct. 6, 2016) – Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (TSX:NMX)(OTC:NMKEF) is pleased to provide an update on the advancement of its Phase 1 Plant and site preparation of the Whabouchi Mine in Quebec, Canada.
Phase 1 Plant
The Phase 1 Plant is on time and on budget. Electrical lines have been installed at the Phase 1 Plant facility and Nemaska Lithium has signed a 5 year natural gas contract. Construction modifications to the interior of the Phase 1 Plant building are nearing completion in anticipation of receiving plant equipment. To date, all the major equipment items have been ordered from suppliers and certain items have been received. The electrolysis cells are expected to be received by the end of October with commissioning to commence in November and December 2016.
Lithium Hydroxide Samples to Customers in Q1 and Q2 2017
Initial shipments of battery grade lithium hydroxide from the Phase 1 Plant are expected to commence to Johnson Matthey Battery Materials (JMBM) in Q1 2017 under a tolling agreement. As previously announced, Nemaska Lithium is targeting to ship battery grade lithium hydroxide commercial representative samples to JMBM and other potential customers in Q2 2017. These lithium hydroxide samples will be shipped to customers to enable them to qualify Nemaska Lithium’s hydroxide products while the Corporation builds its commercial mine and Hydromet Plant.
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