Red Rock Resources plc has sent high grade lithium oxide sampling results from its Zimbabwe project to potential overseas buyers for review. POTENTIAL Last month the company reported it had opened talks on possible sales to agents in China. Three samples each approximately 2kg from the pegmatite at the first permitted area were first sent […]
Tag: lithium
Nine potential pegmatite targets identified at Bynoe
Cadence Minerals plc reported nine identified potential pegmatite targets from the final analysis of a geophysics survey at the Bynoe lithium project in the Northern Territory of Australia. ANOMALIES The company, which owns 8.74% of operator Evergreen, added that the ambient noise tomography (ANT) survey integrated with geochemicall data showed “surface expression of anomalies”. The […]
FCM begins lithium exploration and sampling at Zigzag
First Class Metals plc (FCM) has begun a systematic exploration and mapping campaign at the Zigzag lithium project in the Seymour Lake area of northwest Ontario. OUTCROPS The company is targeting known exposures of pegmatite-hosted lithium mineralisation, alongside conducting sawn channel sampling along strike intervals across the exposed pegmatite outcrop. A further thirty-nine grab samples […]
Cornish Tin to fundraise for second lithium-tin drill
Cornish Tin Ltd aims to raise further funds via a limited shares offer for its tin-copper-lithium-tungsten project at Great Wheal Vor near the village of Breage. USES Money, raised through crowdfunding, will go towards its second exploration drilling campaign and working capital. The first exploration programme for 6,500 metres showed tin grades of up to […]
Cadence acts over Mexico cancelled licences
Cadence Minerals plc subsidiaries in the Sonora lithium project have filed administrative review recourses against the Mexican government’s resolutions cancelling the concessions. JOINT VENTURE The company’s £3.89 million interest is through a 30% stake in the JV interests in Mexilit S.A. de CV and Minera Megalit S.A. de CV. Gangfeng Lithium Group is developing Sonora, […]
Red Rock opens talks on lithium sales to China
Red Rock Resources plc could have a potential mining/partner contract for its Zimbabwe lithium assets as the company also starts talks with agents in China on lithium ore sales. HIGHER PRICES From 10 to 14 August, a South African consultant geologist conducted due diligence on the site with the company’s subsidiary African Lithium Resources (Pvt) […]