Tag: Salta

Millennial Lithium Corp. Receives Government Approval for Its Environmental Impact Assessment for Construction and Operations for Its Pastos Grandes Project, Salta, Argentina

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V.ML, Millenial Lithium, lithium, Argentina

Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to report that its wholly owned subsidiary, Proyecto Pastos Grandes S.A. (“PPGSA”), has received a Declaracion de Impacto Ambiental (the “DIA”) from the Environmental and Mining Authority in Salta Province, Argentina. The DIA represents the Environmental and Mining Authority’s approval of PPGSA’s Environmental Impact Assessment (the “EIA”) for Construction and Operation of a 24,000 tonne per year battery grade lithium carbonate production facility at its flagship Pastos Grandes lithium carbonate project. The DIA is the main environmental approval document required for mining projects in Salta Province to both proceed to the construction stage and to operate. The Pastos Grandes Project is currently the only active pre-construction phase project in the region with this key milestone permit. read more

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

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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 Filing of a Feasibility Study for its Pastos Grandes Project, Argentina

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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 further to its news release dated July 29, 2019, it has now filed a Feasibility Study (the “FS Report”) regarding its Pastos Grandes Project in the province of Salta, Argentina. read more

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

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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

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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

Exploration Drilling Intersects Highest Lithium Grades to Date at Pastos Grandes Project

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V.ML, Millenial Lithium, lithium, Argentina
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Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) (“Millennial” or the “Company”) is pleased to report positive drilling and analytical results from the latest exploration well at its Pastos Grandes Project in Salta, Argentina. Exploration well PGMW18-19 intersected, and bottomed, in a robust lithium-bearing brine zone which yielded 566 mg/l Li, 5,733 mg/l K and 3,385 mg/l Mg from 366m to the bottom of the hole at 602m for an intersection thickness of 236m. read more

Millennial Completes Milestone Environmental Baseline Studies at Pastos Grandes and Engages Vector-Ausenco for Construction and Operations EIA

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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 report that Ausenco-Vector (“Ausenco”) has completed a comprehensive programme of Environmental Baseline Studies at its Pastos Grandes Project in Salta, Argentina. Millennial is also pleased to announce that it has engaged Ausenco to complete an Environmental Impact Assessment for the potential exploitation of lithium at its Pastos Grandes Project. read more

Millennial Expands Lithium Brine Horizon at Pastos Grandes

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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 report positive drilling and analytical results from the latest exploration wells at its Pastos Grandes Project in Salta, Argentina. Two new exploration holes (PGMW18-16 and 17) have intersected, and bottomed in, lithium-bearing brine zones, with PGMW18-17 intersecting positive lithium grades in a 545 meter thick lithium-bearing horizon, including a high grade of 701 mg/L Li. A 40 person camp is being installed at the site, including a state of the art solar-hybrid power system as work advances at the site on a pilot plant to produce battery grade lithium carbonate. read more

Advantage Appointments, Chief Financial Officer and Project Manager

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

Advantage Lithium Corp. (the “Corporation” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce that with the completion of the project PEA, Advantage is continuing to build capability to meet increased activity as we move into the Definitive Feasibility Study (DFS) and project execution phases. The development of a high performing core team with the necessary skills and experience to deliver the Cauchari project on time and budget will continue to be a main focus. The appointments of a full-time Chief Financial officer and locally based Project Manager are key to achieving Advantage’s project delivery milestones. read more