No 1 source of global mining news and opinion
over an additional 536sq.km in one of the largest and highest-grade lithium deposits in North America, along Canada’s province of Ontario.
Upon exercising relevant options, and including Patriot’s Gorman project, the Aussie junior will own the largest claim in the “Electric Avenue” of North-West Ontario, with a regional claim package exceeding 890 square kilometres. Shares of Patriot Lithium rose on the news, closing on Tuesday 24% higher at A$0.21 each, which leave the miner with a market capitalization of A$13.06 million . Drilling at this asset, one of the largest and highest-grade lithium deposits in North America, has delivered 398m at 1.88% lithium.
In the project’s latest feasibility study, Marathon anticipated that the federal and provincial assessments for Berry would be completed by the middle of 2024.The aim is to build a more sustainable North American supply chain for materials needed to expand power grids for the energy transition.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Lithium Goldmine: Sustainable Geothermal Extraction for Many DecadesScience, Space and Technology News 2023
Leer más »
Exxon sees 'promising' future for lithium in Arkansas, CEO saysExxon Mobil has never talked specifically about its lithium plans, because they’re still in very early stages. But CEO Darren Woods is now sharing a few early details, after analysts raised the question during a conference call Friday to discuss the company’s third-quarter results.
Leer más »
Lithium dividends help drive IGO free cash flowDespite a weaker performance from the nickel operations in Western Australia, IGO acting CEO Matt Dusci said the mining company had kicked off the 2024 financial year with a strong start, helped by dividends from its lithium business.
Leer más »
Ora Banda inks $45m lithium JV with WesfarmersGold producer Ora Banda Mining on Monday announced a farm-in agreement with a subsidiary of Wesfarmers to sell a large portion of its mineral rights, other than gold, on the Davyhurst tenement package in a A$45-million deal. The announcement sent Ora Banda’s stock surging 19% to close at A$0.16 a share, just shy of its 52-week high of A$0.
Leer más »