Stratabound to Acquire California Gold Mining Inc. to Create a Combined North American-focused Gold Exploration and Development Company
Copper is enjoying a bit of a run with the spot price hovering at just less than $3.00 a pound.
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L), is pleased to announce the appointment of Robert Cross to its Board of Directors as Non-Executive Chairman, effective immediately.
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (OTCQX:STLHF) (FRA:S5L), is pleased to report laboratory results of high-quality lithium brines recovered from the Smackover Formation from the Company’s project area in southwestern Arkansas. Four brine samples recovered from two existing wells in the project area showed lithium concentrations ranging between 347–461 mg/L lithium, with an average of 450 mg/L lithium in one of the wells, and 350 mg/L in the other.
Standard Lithium Ltd. (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L) (“Standard Lithium” or the “Company”), is very pleased to announce the appointment of Nobel Laureate, Professor Barry Sharpless to the Company’s Scientific Advisory Council.
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (FRA:S5L) is pleased to provide the following updates on the Company’s fully funded resource assessment programs underway at its two brownfield lithium brine project locations.
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (FRA:S5L) is pleased to announce that Hasbrouck Geophysics Inc. has successfully completed a large-scale gravity geophysical survey at the Company’s Cadiz Dry Lake Project, in the Mojave area of California. The Cadiz Dry Lake Property is located approximately 20 km southeast of the Company’s Bristol Dry Lake Property and is currently permitted for brine extraction and processing activities. The work has defined an infilled basin with a maximum depth of just over 700 m beneath the Project area.
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (OTCQX:STLHF) (FRA:S5L) is pleased to provide an update of the extensive process testing work and pilot plant design being performed by the Company’s Scientific Advisory Team. The Scientific Advisory Team and other technology vendors have been testing raw lithium brines from Standard Lithium’s Projects in California and Arkansas using a new generation of lithium-selective sorbent technologies. Data gathered from mini-pilot scale testing has demonstrated highly-effective separation of lithium from other cations in the raw brine, in line with previously published and peer-reviewed studies, and has also demonstrated that the solid sorbent materials can be simply made using standard commercial manufacturing processes. Work has also been completed to test varying physical methods by which raw brine can be mixed with the lithium-selective material to optimise lithium removal. Testing is ongoing and will be used in the full-scale pilot design (see below).
Crown Mining Corp. (TSXV: CWM) (“Crown” or “the Company”) is pleased to announce that it has exercised its option to acquire and completed the purchase of a 100% undivided right, title and interest in its Moonlight property (the “Property”) located in Plumas County in northeast California, USA.
Whenever a company comes out with a PEA I always look at the CAPEX first. The fact is that, regardless of the size of the resource, the estimated mine life or the internal rate of return, the CAPEX number gives a good first approximation of whether a project is actually feasible.