Arkle Resources plc has started sampling at its two lithium brine licences in the Makgadikgadi salt pans in Botswana. ANALYSIS The programme comes ahead of early-stage prospecting due to begin in days on its Zimbabwe hard rock licences also prospective for lithium. Covering a total 837km2 the Makgadikgadi licences showed in July the presence of […]
Tag: lithium brines
Clontarf rejected for phase 4 Bolivia lithium bid
Clontarf Energy plc has been rejected for the phase 4 round of bids to extract lithium from priority salt pans in Bolivia. INDIA The company said it had been unable to provide an A3 or A- credit rating, as requested, because it had no credit rating or issue of bonds. Clontarf identified an offtake partner, […]
Clontarf raises £300,000 via placing
Clontarf Energy plc has raised £300,000 before expenses via a placing of 857,142,857 new ordinary shares of 0.01p each in the company at a price of 0.035p per placing share. The placing shares represent approximately 11.92% of the company’s enlarged issued share capital. Net proceeds will advance Clontarf’s lithium projects in Bolivia and neighbouring countries, […]
Clontarf grants 160m share options
Clontarf Energy plc has granted long-term incentive share options over a total 160 million ordinary shares of 0.01p each in the company. Chairman David Horgan received 60m options; non-executive director Peter O’Toole and financial director-company secretary James Finn, 40m each; and financial controller Dipti Mehta, 20m. The options vest immediately with an exercise price of […]
Golden Metal finds strong mineralisation at Kibby
Golden Metal Resources plc’s technical review encountered “strong” lithium mineralisation in brines and clays at its Kibby North and Kibby South properties in Nevada, USA. TARGET CONDUCTOR The findings come from historical datasets as well as liaison with multiple groups who conducted work on the nearby third-party held lithium claims. Lithium mineralisation was encountered in Marquee drillhole […]
Clontarf looks to bid for Bolivian priority salt pans
Clontarf Energy plc could submit bids for a direct lithium extraction project from seven priority salt pans, or salares, in Potosí and Oruro, Bolivia. PILOT PLANT The company’s joint venture with US-based NEXT-ChemX Corporation plans a pilot plant in Bolivia in partnership with state-owned lithium company YLB* by the end of 2024. On 26 January, […]