Lithium price plunge claims first victim

Sep 6, 2018

Dreams on hold. Desert Lion Energy’s President and CEO Tim Johnston at the Walvis Bay port from where the ship Atlantic Dream carried the company’s first shipment of lithium concentrate   Oversupply in China has seen lithium prices drop precipitously this year with carbonate now selling for nearly half than during the first quarter. The Benchmark Mineral Intelligence price assessment released today shows domestic Chinese lithium carbonate of battery grade falling to an average...

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Cypress Dev’s Clayton PEA pegs NPV at $1.45B (U.S.)

Sep 6, 2018

2018-09-06 06:54 ET – News Release Dr. Bill Willoughby reports CYPRESS DEVELOPMENT ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT (PEA) FOR CLAYTON VALLEY LITHIUM PROJECT, NEVADA Cypress Development Corp. has released positive results from a preliminary economic assessment (PEA) of the company’s Clayton Valley lithium project in Nevada. The PEA was prepared by Global Resource Engineering (GRE) of Denver, Colorado, an independent engineering services firm with extensive...

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Manganese X agreement for Peter Lake property

Sep 6, 2018

2018-09-05 19:25 ET – Property Agreement The TSX Venture Exchange has accepted for filing a property option agreement dated Aug. 22, 2018, between Manganese X Energy Corp., and Francois Marcotte, Wen Fan, Ghislaine Savard, Guy Le Bel, Resources Amixam Inc. and Resources Maxima (collectively the vendors), whereby the company may acquire a 100-per-cent interest in the Peter Lake property (1,985 hectares), located in the Central Grenville province in Quebec. Consideration is $25,000 cash, a...

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Noble Mineral stakes 8,536 ha near Project 81

Sep 6, 2018

2018-09-05 08:10 ET – News Release Mr. H. Vance White reports PROJECT 81 – EXPLORATION UPDATE NOBLE STAKES ADDITIONAL MINERAL CLAIMS CONTIGUOUS TO PROJECT 81 Noble Mineral Exploration Inc. has successfully staked 405 claim units, totalling approximately 8,536 hectares in two blocks, namely the Macdiarmid-Jamieson township block and the Mahaffy-Geary township block, Northern Ontario, Canada. The Mahaffy-Geary claim block ties onto Crawford and Aubin townships that are part of the...

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MGX Minerals appoints Schanke to S.A. mining team

Sep 6, 2018

2018-09-05 06:48 ET – News Release Mr. Jared Lazerson reports MGX MINERALS APPOINTS ERICH SCHNAKE TO SOUTH AMERICAN LITHIUM MINING TEAM MGX Minerals Inc. has engaged Erich Schnake, former Chilean Mining Ministry undersecretary, to its South American management team. Mr. Schnake will provide legal and regulatory support to advance the company’s efforts in navigating Chilean regulatory permitting frameworks in order to obtain production permits. Mr. Schnake has more than a decade of...

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