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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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Canadian Wealth Minerals to acquire Chile’s Laguna Verde lithium project
Canadian junior Wealth Minerals (TSX-V:WML) said Monday it has signed a letter of intent to acquire one of Chile’s attractive lithium projects located in the country’s north, known for its vast salt flats under which experts say there is enough of the commodity to supply the world for decades.
The project, known as Laguna Verde, comprises 23 concessions for a total of 2,438 hectares, with total inferred resource of 512,960 tonnes of lithium carbonate equivalent and 4,223,123 tonnes of potassium chloride equivalent, based on a technical report from 2010, the Vancouver-based company said.
Soil Survey Results Prompts Claim Block Expansion at Black Rock Desert, Nevada $BFF.ca
- Program continued to show strongly anomalous results with 88 samples collected; 73 of them (83%) containing more than 100 ppm Li
- Together the combined grids contain 258 samples of which 239 samples (93%) had values of greater than 100 ppm Li. Maximum values ranged up to 520 ppm Li
December 15, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company”, TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) and LiCo Energy Metals Inc. TSX-V: LIC (OTCQB: WCTXF) are pleased to announce that following positive results from an expanded soil sampling program, 71 new placer claims have been added to the Company’s Black Rock Desert Project, Nevada.
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Southern Lithium Corp. Announces Closing of First Tranche of Financing $SNL.ca
VANCOUVER, Canada / Southern Lithium Corp. (SNL)(SL5) (“Southern” or “the Company”) announces that further to its news release dated November 3, 2016, it has completed the first tranche of its non-brokered private placement of 3,322,000 units (“Units”) at a price of $0.25 per Unit for aggregate gross proceeds of $830,500 (the “Offering”).
Each Unit consists of one common share (a “Share”) and one Share purchase warrant of the Company (a “Warrant”). Each Warrant will entitle the holder to purchase one Share (a “Warrant Share”) at an exercise price of $0.35 per Warrant Share for a period of 18 months from the date of issuance until June 9, 2018; however, if the closing sales price of the Company’s Shares (or the closing bid, if no sales were reported on a trading day) as quoted on the TSX Venture Exchange (“TSX.V”) (or such other securities exchange, quotation system or market on which such common shares are listed and where a majority of the trading volume of such common shares occurs) is $0.50 or greater for a period of ten (10) consecutive trading days, the Company may, within five days of such event, provide notice by way of press release to the subscribers of early expiry, and thereafter the Warrants shall expire on that date which is thirty (30) days from the date such notice is given (the “Acceleration Clause”).
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Pacific North West Capital Announces Assays, up to 4.33% Lithium Oxide on the Lithium One Project, Southeast Manitoba $PFN.ca
- Samples from the Silverleaf Pegmatite yielded assays up to 4.33% Li2O, 2.08% Rb2O and 0.04%Ta2O5
- Numerous other Pegmatites and Pegmatitic Granite sites sampled
- Drilling slated for early 2017
December 8th, 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 received the assay results of its Phase One Exploration Review of the Lithium One Project.
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Inside construction of the world’s largest lithium ion battery storage facility
The largest battery storage system in the world will also be one of the fastest constructed in history.
In August, San Diego Gas & Electric tapped energy storage company AES to install two energy storage projects totaling 37.5 MW, 150 MWh. When completed, the larger, 120 MWh project is expected to be the single biggest lithium ion battery in service on a utility grid in the world.
Both battery facilities are expected to be online by the end of January 2017 — nothing short of miraculous in an industry where deploying assets, especially newfangled technologies, can take years.
And the companies are not alone. Southern California Edison and Tesla announced a 30 MW, 80 MWh project in September that is expected to be online even sooner, and will be the largest operating battery for a time.
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Pure Energy Minerals Ltd Is Today’s Lithium Focus
There is perhaps no better story than lithium right now among small caps. We’ve been covering the lithium sector here at Insider Financial and have already profiled Oroplata Resources Inc (OTCMKTS:ORRP), Lithium Corporation (OTCMKTS:LTUM) and Lithium X Energy Corp (OTCMKTS:LIXXF). Now we’re going to turn our attention to Pure Energy Minerals Ltd, which trades under the symbols PE in Canada, PEMIF on the OTC Markets, and AHG1 in Germany.
There are countless reasons to be excited about lithium. Lithium is right now the one commodity everyone can agree upon that will continue rising in price. This comes as the lithium-ion battery is the battery of choice for cell phones, laptops, tablets, cameras, and power tools. Consumer electronics will need 4 to 5% more lithium each year for the rest of the decade.
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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)
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