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Read MoreDurango Offered Additional Land Packages In Windfall Lake Area $DGO.ca
Properties have been offered to the Company in the Windfall Lake gold camp area for purchase Management and consultants are looking at the land packages offered and reviewing the available technical data Vancouver, BC / March 24, 2017 – Durango Resources Inc. (TSX.V-DGO) (OTC-ATOXF), (the “Company” or “Durango”) announces that additional properties have been offered to the...
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Chile’s SQM sees 8-10% growth in lithium demand this year $NAM.ca $DGO.ca $BFF.ca $SX.ca $FMR.ca
“The prices in the lithium market and the growth in demand have been quite relevant in recent years. We expect growth in demand for this product of between 8 and 10 percent,” Illanes said. Feb 19 Chile’s SQM expects demand for lithium to grow between 8 percent and 10 percent this year and is working to improve financial performance by 2020, an executive told local paper El Mercurio on...
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Read MoreDurango Announces Acquisition of Bentonite, Perlite and Zeolite Projects in BC $DGO.ca
Acquired a 100% interest in British Columbia industrial mineral claims covering five projects which include bentonite, perlite, and zeolite BC MINFILE occurrences Vancouver, BC / February 16, 2017 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) is pleased to announce that it has acquired a 100% interest in British Columbia industrial mineral claims covering...
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Pacific North West Capital Applies for Share Consolidation and Name Change to New Age Metals Inc. $PFN.ca
Made application to the TSX Venture Exchange to implement a name change and share consolidation to better reflect the Company’s business plan and its two mineral divisions Vancouver, British Columbia / January 25, 2017 –Pacific North West Capital Corp. (“PFN”)(TSXV: PFN OTCQB: PAWEF FSE: P7J)announces it has made application to the TSX Venture Exchange (the “Exchange”)...
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Fairmont Resources Closes Final Tranche of Financing $FMR.ca
Closed the final tranche of its previously announced private placement financing by issuing 2,142,857 units at a priceof $0.07 per NFT Unit for gross proceeds of $150,000 Fairmont issued a total of 1,425,000 flow-through units VANCOUVER, BRITISH COLUMBIA–(Jan. 23, 2017) – Fairmont Resources Inc. (“Fairmont”) (TSX VENTURE:FMR) is pleased to announce that is has closed the final...
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Read MoreDurango to Drill Test NMX East Lithium Project $DGO.ca
Planning is underway to drill test its lithium bearing pegmatite zone discovered in the summer 2016 exploration program on ground adjacent to Nemaska Lithium’s (T-NMX) Whabouchi Deposit and the newly discovered Doris zone Vancouver, BC / January 18, 2017 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that planning is underway to drill test...
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St-Georges Lithium Initiatives Update $SX.ca
- Updating shareholders on the recent developments in regards to the acquisition of Le Royal Lithium project and the agreement with Platypus Resources (ASX:PLP)
- Recent developments concerning the commercial terms of the proposed joint-venture and the L-Max(R) lithium extraction technology license that is part of the agreement
Montreal, Quebec / August 29, 2016 – St-Georges Platinum and Base Metals Ltd. (CSE:SX) (OTC:SXOOF) (FSE:85G1) is pleased to update its shareholders on the recent developments in regards to the acquisition of Le Royal Lithium project and the agreement with Platypus Resources (ASX:PLP) concerning the commercial terms of the proposed joint-venture and the L-Max(R) lithium extraction technology license that is part of the agreement.
Le Royal Lithium Project Update
The Company has recently agreed to commercial terms with Platypus Resources (ASX:PLP) in regards to the joint-venture proposed on Le Royal Lithium project. (Please refer to St-Georges Press Release dated August 4, 2016). The agreement establishes St-Georges’ initial ownership option at 30% against payments of 3 million shares over 3 years and CAD $450,000 worth of qualified exploration work on the project. Spending an additional CAD $450,000 on the project and delivering a NI 43-101 report will also enable St-Georges to bring its total ownership of the project to 50%.
Nevada Energy Metals Lithium Exploration Program Underway at Black Rock Desert, Nevada $BFF.ca
- Surface sampling program designed to test for lithium values in playa evaporates has been initiated at the Company’s 100% owned Black Rock Desert Project
- Geochemical sample points are being arranged on a grid pattern of 11 lines spaced 400 meters apart with stations every 200 meters along the lines
August 29, 2016 / Nevada Energy Metals Inc. “the Company” (TSX-V: BFF; OTCQB: SSMLF; Frankfurt: A2AFBV) is pleased to announce that a surface sampling program designed to test for lithium values in playa evaporates has been initiated at the Company’s 100% owned Black Rock Desert Project. Geochemical sample points are being arranged on a grid pattern of 11 lines spaced 400 meters apart with stations every 200 meters along the lines. It is expected that 170 sample points will be measured. Results should be available in approximately 3 weeks.
The Black Rock Desert Lithium Project consists of 128 placer claims, (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. The nearest population center is the town of Gerlach, which lies 177 kilometers north of Reno.
The western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada. The property covers an area of playa underlain by a moderately deep basin interpreted from gravity and seismic surveys indicating a maximum thickness of valley-fill deposits of about 1,200 m/ 3,600 ft. A high salt content prevents any significant vegetation from growing on the playa surface. Locally, the basin is being fed in part by boiling springs and siliceous sinter containing strongly anomalous Lithium values (up to 3.5 ppm) that flank the property on the west side. (U.S. GEOLOGICAL SURVEY Open-File Report 81-918.) While these lithium values are well below those of producing lithium bines, they do represent a significant source of metal available for evaporative concentration within the playa basin.
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Alix Resources Acquires Cross Lake Lithium Property, Manitoba
- Announce the acquisition of a 100% interest in the Cross Lake Lithium property (“Cross Lake Property”) located about 528 km north of Winnipeg, Manitoba.
- Property covers the Cross Lake pegmatite field, including the Liz Lithium prospect, located on Spodumene and Metis Islands in the southwestern corner of Cross Lake
Vancouver, British Columbia–(August 25, 2016) – ALIX RESOURCES CORP. (TSXV: AIX) (FSE: 37N) (“Alix” or the “Company”) is pleased to announce the acquisition of a 100% interest in the Cross Lake Lithium property (“Cross Lake Property”) located about 528 km north of Winnipeg, Manitoba.
The Cross Lake Property comprises one Mineral Exploration Licence (MEL 1050A) encompassing 5,040 hectares and is located about 4 km southwest of the community of Cross Lake. The property covers the Cross Lake pegmatite field, including the Liz Lithium prospect, located on Spodumene and Metis Islands in the southwestern corner of Cross Lake. The granitic pegmatites form an 8 km-long, en echelon and lenticular swarm south of Cross Island dipping 45° north.
The Cross Lake Property was explored from the late 1970’s to 1981 by the Tantalum Mining Corporation of Canada Limited (“TANCO”). The Company discovered tantalum (Ta) and niobium (Nb) oxide mineralization in granitic pegmatites. TANCO, was the operator of the Tanco mine, located at Bernic Lake, in southeastern Manitoba (now owned by Cabot Corporation), which was North America’s largest producer of spodumene, tantalum and cesium.
In 1980-1981, TANCO drilled 23 diamond drill holes totaling 2,483 m. Several holes intersected zones of spodumene mineralization (e.g. up to 40 % spodumene in hole # 3 over a 1.3 m width). Moreover, 20 m-thick spodumene-rich intersections in individual and/or multiple intervals were encountered. The core was analyzed only for tantalum and tin. The documented occurrences of spodumene showings and the geological data base from TANCO’s drilling campaign present a compelling target with a potential to discover and define new lithium resources.
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Fairmont Encouraged by Chinese Asset Purchase of Former Lithium Producer rb Energy Adjacent to Rome Lithium Property $FMR.ca
Fairmont Encouraged by Chinese Asset Purchase of Former Lithium Producer rb Energy Adjacent to Rome Lithium Property
- Jilin Jien already active in Quebec, following the 2010 acquisition of Canadian Royalties
- Rome Lithium Property acquired by Fairmont Resources less than a month ago
- Historical underground and open pit lithium mine on property adjacent to Rome Lithium Property
Vancouver, BC – Fairmont Resources Inc. (FMR: TSX-V) (“Fairmont”) is encouraged by the Court Approval yesterday of the Asset Purchase Agreement of RB Energy Inc. by Jilin Jien Nickel Industry Co. (“Jilin”).
RB Energy, who once claimed its Quebec mine would produce “the highest-quality lithium carbonate in the world”, was forced to halt operations in October 2014 after failing to complete a much needed financing. Subsequent attempts to raise financing proved to be very difficult due to market conditions at the time for Canadian resource companies. Specifically, Investment Quebec and/or KSV Advisory held discussions with 26 parties regarding the potential sale of RB Energy.
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Better Lithium Batteries to Get a Test Flight
The batteries should last twice as long as comparably sized rivals.
by Richard Martin August 23, 2016
Scientists have known for decades that lithium-metal batteries offer a powerful combination of energy density and compactness. Unfortunately these batteries also present challenges: they are difficult to recharge and they have an unfortunate tendency to burst into flame.
Boston-based startup SolidEnergy Systems, spun out of the MIT lab of Donald Sadoway in 2012, claims to have solved these problems with a novel anode structure and hybrid electrolyte. Qichao Hu, SolidEnergy’s founder, first showed a prototype last fall that is half the size of an iPhone 6 battery and offers more battery life per charge. The company says it will sell batteries for smartphones by early next year, and for electric vehicles in 2018. First, though, it’s going after a more specialized market: drones.
Specifically, Hu points to the high-altitude drones and balloons being developed to provide Wi-Fi in remote areas. “They need to be powered by batteries, but the current lithium-ion battery lifetime is very short and the batteries are heavy.” SolidEnergy’s new battery, he says, provides “the same capacity at half the volume and half the weight.”
Last fall SolidEnergy showed a prototype that’s half the size of an iPhone 6 battery but offers more battery life per charge.
Selling batteries for drone makers could be a clever means of entry for a new battery company, many of which have had trouble competing with established battery providers like Panasonic, which has a multi-billion-dollar contract to supply electric-car maker Tesla with batteries. But while SolidEnergy’s technology is novel, it is still unproven at the scale necessary to grab a portion of the growing drone market, to say nothing of cell phones and electric vehicles.
Lithium-ion batteries, which are found in the preponderance of today’s cell phones and electric vehicles, use a variety of lithium-oxide compounds for the cathode, and a non-lithium material (usually graphite) for the anode. Lithium-metal batteries, on the other hand, use a metallic-lithium anode. It’s long been known that lithium-metal batteries offer higher energy densities, but their volatility makes them problematic.
SolidEnergy’s product is a lithium-metal battery that has a thin, high-energy anode made of lithium-metal foil, rather than the more common graphite. SolidEnergy’s key innovation, however, is in the electrolyte. To reduce the anode’s tendency to become “mossy,” or covered in bumps that tend to cause short circuits, Hu developed a hybrid electrolyte that consists of a thin, solid coating on the anode, which protects the lithium metal from reacting with the volatile electrolyte, and a liquid electrolyte in the cathode, which helps the battery function at lower temperatures.
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Nevada Energy Metals Pays Full Annual BLM Fees For Seven Nevada Lithium Projects $BFF.ca
August 25, 2016 / Vancouver, British Columbia – Nevada Energy Metals Inc. “the Company”
(TSX-V: BFF) (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has paid in full all annual Bureau of Land Management (BLM) maintenance fees for the Company’s seven Lithium projects located in Nevada. The annual maintenance fees, totaling USD $ 212,350 (CAD $274,550), are now paid to Sept 1st 2017.
Nevada Energy Metals’ Seven Nevada Lithium Projects Are Fully Paid Up.:
- -Dixie Valley Lithium Project – 907 Claims, no royalties, (348 claims optioned to Wildcat Exploration Ltd. (TSX-V:WEL))-BSV Lithium Project – 160 claims (100% owned, no royalties, in Big Smokey Valley)-Black Rock Desert Lithium Project- 128 claims (100% owned, no royalties)-Clayton Valley Lithium Project – 77 claims, no royalties, (70% optioned-out to American Lithium Corp (TSX-V: Li))-Teels Marsh West Lithium Project – 100 claims (100% owned, no royalties)-San Emidio Desert Lithium Project – 155 claims (100% owned, no royalties)-Alkali Lake Lithium Project – 191 claims in a 60-40 earn in agreement with Dajin Resources Corp (TSX-V:DJI), no royalties.
Rick Wilson, Chief Executive Officer of Nevada Energy Metals, commented: “We are pleased to report that our Project Generator Model has grossed over USD $300,000, as well as a portfolio of marketable securities. These earnings have helped to offset the annual BLM Maintenance Fees as well as a portion of the Company’s general operating costs.”
FMC contract underlines rising battery demand for Lithium
The lithium market received a boost after FMC said it planned to double its output of battery raw material lithium next year, in a sign the largest producers are increasing supply to meet demand from electric carmakers.
The Philadelphia-based chemical company, one of the world’s four largest producers of lithium, said it would accelerate expansion of lithium hydroxide as a result of a “new multiyear supply agreement with a major manufacturer of electric vehicles”.
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