Nemaska Lithium’s Deposit Extends Towards Durango’s NMX East Project $DGO.ca
- Announced that on November 28, 2016 its neighbor to the west, Nemaska Lithium Inc. (T-NMX) provided details on its newly discovered Doris zone on its Whabouchi lithium project
- Doris zone contains 5 interconnected dykes and has now been confirmed on 420m of lateral extension and up to a maximum depth of 440m where it joins the main dyke
Vancouver, BC / November 30, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that on November 28, 2016 its neighbor to the west, Nemaska Lithium Inc. (T-NMX) provided details on its newly discovered Doris zone on its Whabouchi lithium project.
As stated in Nemaska Lithium’s news release dated November 28, “…the Doris zone contains 5 interconnected dykes and has now been confirmed on 420m of lateral extension and up to a maximum depth of 440m where it joins the main dyke. The Doris zone starts in the southwest and is open along strike to the northeast. Doris appears to run parallel to main zone which extends for 1.2km to the northeast.” (1)
Pure Energy Minerals Commences Drilling Newest Lithium Brine Exploration Borehole at Clayton Valley South Project, Nevada
VANCOUVER, British Columbia, Nov. 30, 2016 — Pure Energy Minerals Limited (TSX VENTURE:PE) (FRANKFURT:A111EG) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) is pleased to announce that it has commenced drilling its newest exploration borehole, CV-8, on the Clayton Valley South Project (“CVS Project”). This latest borehole is the final one in Pure Energy’s current phase of exploration work, and Pure Energy has all necessary permits and government permissions in hand to commence work. Since this borehole is being drilled concurrently with CV-7, the Company has retained Boart Longyear as the drilling contractor for CV-8. Boart Longyear has completed collaring of the borehole, and all ancillary works are in place to immediately commence rotary coring of the basin-fill sediments. CV-8 is located approximately 1.8 km (1.1 miles) west-southwest of the recently completed CV-3 well. The Company is targeting depths of approximately 600 – 900 m (2,000-3,000 ft) below ground level for CV-8.
CV-8 is in a highly prospective part of Pure Energy’s claim package, targeting geophysical and stratigraphic features of interest in a very deep portion of the basin. If completed to its full target depth, the Company believes this would be the deepest lithium brine exploratory hole in the area. Upon successful completion of the borehole to target depth as a well, the Company expects to collect new brine samples for lithium analysis and integrate that data into its existing inferred lithium brine resource. At the conclusion of the Phase 3 drilling program, Pure Energy will have drilled a total of approximately 4.1 km (13,320 ft) of exploration boreholes across their claims.
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Pacific North West Capital Corp. Expands The Lithium Two Project, Southeast Manitoba $PFN.ca
- Additional claim added to the Lithium Two Project-Surface samples from the Eagle Pegmatite yielded assays up to 3.04% Li2O
- Surface samples from the FD No. 5 Pegmatite yielded assays up to 2.08% Li2O
- Follow-up surface sampling ongoing
- Drilling planned for early 2017
November 29th, 2016 / Vancouver, British Columbia – Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN; OTCQB: PAWEF; FSE: P7J) is pleased to announce that its 100% owned subsidiary, Lithium Canada Developments has acquired additional ground from Mustang Minerals Corp. (Mustang), increasing the size of the Lithium Two Project.
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Demand for battery metals set to soar: analysts $DGO.ca $PFN.ca $FMR.ca $SX.ca $BFF.ca
- “Lithium-ion batteries are a game changer in the energy world,” Alexa Capital’s founder and former head of European clean-tech research at Jefferies, Gerard Reid, said Monday, declaring a “revolution not evolution” in the energy world.
- At five times the energy density of lead batteries, lithium-ion batteries are already the battery of choice in mobile phones, laptops and every new electric vehicle and, according to Reid, they will also be the cheapest by 2020.
London (Platts)–28 Nov 2016 948 am EST/1448 GMT
With nearly every forecast predicting higher battery use in the years ahead, especially lithium-ion batteries to power new and existing technologies largely in the automotive and consumer goods markets, demand for its component metals are set to soar, speakers at this year’s Mines and Money conference said Monday.
This includes cobalt, nickel, manganese, graphite and, most importantly, lithium itself.
Efforts for Lithium exploration near geothermal operations in Nevada continue
Alexander Richter 24 Nov 2016
Canadian Dajin Resources Corp. has secured a large number of placier claims near the Don Campbell geothermal power plant of Ormat in Nevada to explore for Lithium from geothermal brine.
Lithium continues to be a hot topic around geothermal development. Having reported on Canadian Dajin Resources Corp. before, the company has now announced having staked is pleased to report that it has staked 690 placer claims at Gabbs Valley located north of the Don Campbell geothermal power plant, in Mineral County, Nevada. The Don Campbell plant is a 16 MW geothermal power plant owned and operated by Ormat.
A placier claim grants the discoverer of valuable minerals contained in loose material such as sand or gravel the right to mine on public land.
These placer claims cover 13,800 acres (5,600 hectares) in the lower-elevation western portion of Gabbs Valley, where a playa (salar) with surface salt and mud flats occurs. The Gabbs Valley playa is considered to be a viable prospect for sub-surface lithium brines for the following reasons: 1) it is a deep, closed basin in a dry, desert environment, 2) geothermal activity is known to occur on all sides of the playa, including the south end where the operating Don Campbell geothermal power plant is located, and 3) potential lithium source rocks are found throughout much of the catchment basin.
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