Tag: lithium

Advantage Lithium commences Preliminary Economic Assessment and Phase III resource conversion program for the Cauchari Definitive Feasibility Study

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V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Company” Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce that is has engaged WorleyParsons Chile S.A. (WP) to complete a Preliminary Economic Assessment (PEA) on its flagship Cauchari Project in Jujuy, Argentina based on phase II results with an expected increase to its resource base which will be released this month. The PEA scope includes a standalone plant in the range 15 -20 Ktpa final lithium product and is scheduled for completion in July 2018. read more

MGX Minerals Expands Utah Petrolithium Project; Acquires Additional Oil and Gas Leases at Paradox Basin

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CSE:XMG, MGX Minerals, lithium,

 MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to announce the acquisition of an additional 3,455 acres of oil and gas leases as a result of successful bidding at a recent State of Utah School and Institutional Trust Land Administration (SITLA) auction. The leases are located contiguous to the Company’s unitized 80,380-acre Blueberry Unit (“Blueberry Unit”) and show similar subsurface geological formations and structures favorable for accumulations of oil and gas as well as lithium brine-bearing formations. The newly acquired leases are located within the proposed 3D seismic geophysical survey area, which is scheduled to commence in August. The survey will include approximately 9,000 data points. read more

MGX Minerals Announces Record Date for Dividend of ZincNyx Energy Solutions Shares; Provides Public Listing Update

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to provide an update regarding the proposed spin-out of its wholly owned subsidiary, ZincNyx Energy Solutions Inc. (“ZincNyx”), the intentions for which were previously announced in the Company’s April 3, 2018 news release (the “Prior Release”). The Company has determined to fix June 29, 2018 as the record date (the “Record Date”) for the proposed distribution of the payment of a dividend in kind of common shares in the capital of its wholly owned subsidiary, ZincNyx (the “ZincNyx Shares”) to shareholders of MGX as of the Record Date (“MGX Shareholders”). U.S shareholders will be eligible to receive the proposed distribution, however there is no guarantee ZincNyx shares will be listed on a qualified U.S. exchange. The Company expects to issue dividend shares totaling 25%-40% of its holdings in ZincNyx to MGX Shareholders of Record, pending final audit and pricing of shares. read more

Manganese X Corporate Update

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Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF)( “Manganese X” ) is pleased to announce that negotiations with Calgary based Mountain Springs Oil and Gas Ltd. (“Mountain Springs”) to acquire a 15 % equity interest in Mountain Springs are progressing well (refer to previous press release March 23rd 2018). Mountain Springs has advised that funding for the expected acquisitions by Mountain Springs will be secured through Integrated Asset Management Corp. and Stonebridge Financial. read more

MGX Minerals Completes Paleontology Survey at Paradox Basin, Utah Petrolithium Project; Archaeological Study Nearing Completion

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to provide an update on the Company’s Paradox Basin Petrolithium Project (the “Project”). The Project includes the 80,380-acre Blueberry Unit, a recently unitized Federal Oil and Gas Unit created as part of the Project. read more

Standard Lithium Completes Successful Gravity Geophysical Survey at Cadiz Dry Lake, California Lithium Project

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V.SLL, Standard Lithium

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. read more

Millennial Lithium Corp. Receives Environmental Permit to Explore REMSA Area and Advance the Pastos Grandes Lithium Brine Project

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V.ML, Millenial Lithium, lithium, Argentina
info

Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company“) is pleased to report that it has received the environmental permit to commence exploration on the properties awarded to the Company by the Salta Provincial Energy and Mining Company (“REMSA”) (the “REMSA Properties”). The REMSA Properties form a part of the Company’s Pastos Grandes project. The Company’s agreement with REMSA (the “REMSA Agreement”) was detailed in the Company’s news release dated August 24 2017. read more