Millennial Lithium Corp. Announces Granting of Federal Fiscal Stability Certificate from the Government of Argentina

V.ML, Millenial Lithium, lithium, Argentina
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Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that the National Mining Secretary of Argentina, part of the National Ministry of Work and Production, has signed and granted a Federal Fiscal Stability Certificate (the “Certificate”) for the Company’s Pastos Grandes Project. The Certificate outlines the tax regime and additional benefits bestowed upon its Pastos Grandes lithium project in the province of Salta for the next 30 years. read more

Millennial Lithium Corp. Provides Progress Update on the Pastos Grandes Project, Argentina

V.ML, Millenial Lithium, lithium, Argentina
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 Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to provide an update of activities at its Pastos Grandes Project in the province of Salta, Argentina. Advances at the project site include ongoing liming and feeding of brine to pilot ponds, pilot plant construction and an additional long-term pumping test. In addition Millennial has made significant progress in securing its “Fiscal Stability” status to establish the tax regime and other benefits for the project for the next 30 years. read more

Millennial Lithium Corp. Announces Positive Feasibility Study Results for its Pastos Grandes Project, Argentina

V.ML, Millenial Lithium, lithium, Argentina
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  • US$ 1,030 million after-tax NPV at 8% discount rate and IRR of 24.2% for approx. 24,000 TPY production of Battery Grade lithium carbonate (> 99.5% LCE)
  • Total Initial CAPEX estimate of US$ 448.2 million
  • OPEX of US $ 3,388/T battery grade lithium carbonate over the mine life
  • Operation based on proven solar evaporation technology and conventional lithium brine processing
  • Projected production mine life of 40 years

Vancouver, British Columbia–(Newsfile Corp. – July 29, 2019) – Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce the results of its Feasibility Study (the “FS”) for the production of Battery Grade lithium carbonate (>99.5% Li2CO3) from its Pastos Grandes Project in the province of Salta, Argentina. read more

Millennial Lithium Announces Approximately 100 Percent Increase to 4,200,000 Tonnes in Measured and Indicated Lithium Resources at Pastos Grandes

V.ML, Millenial Lithium, lithium, Argentina

Millennial Lithium Corp. (TSXV: ML) (the “Company”), is pleased to report an updated lithium (“Li”) and potassium (“K”) resource statement for its Pastos Grandes brine project in Salta province of Argentina. The NI 43-101 resource statement, detailed in Table 1 below, includes 4,120,000tonnes of lithium carbonate (“Li2CO3“) equivalent (LCE) and 15,342,000 tonnes of potash (“KCl”) equivalent in the Measured and Indicated Resource categories, with an additional798,000 tonnes of LCE and 2,973,000 tonnes KCl in the Inferred Resource category. Compared to resource estimates completed by Montgomery & Associates in its previous report titled Measured, Indicated and Inferred Lithium and Potassium Resource Estimate Pastos Grandes Project Salta Province, Argentina and dated December 22, 2017, the updated resources represent an almost 100% increase in the Measured and Indicated LCE tonnage (2017 value of 2,131,000 tonnes LCE). read more