First Class Metals plc has signed a three-year agreement with Whitesand First Nation for initial exploration on the Zigzag lithium project in the Seymour Lake area of northwest Ontario. PARTNERSHIPS The company has an earn-in agreement with Nuinsco Resources Ltd on the project which at the time had undergone no discussions with the First Nations. […]
Tag: lithium
Power Metal begins first North Wind lithium exploration
Power Metal Resources plc has begun the first exploration on the 57.89km2 North Wind lithium project in northeast Ontario, Canada. DATASET Centred on a granitic intrusion cut by mapped dykes, North Wind is considered prospective for pegmatite-hosted lithium mineralisation. Lake sedmiment sample results showed “highly anomalous” concentrations of lithium, caesium and tantalum suggesting a “nearby mineralised source”. Crews […]
Oriole seeks investment partner for CLP lithium
Oriole Resources plc said it was seeking an investment partner for its lithium project in the 4,091km2 Central Licence Package (90%) in Cameroon. ANOMALY Of the nine licences originally chosen for orogenic gold mineralisation and other minerals, Ndom and Gamboukou in the Eastern CLP have shown lithium-bearing pegmatites from mapping and sampling. Chief executive officer […]
Power Metal completes early Authier North earn-in
Power Metal Resources plc has negotiated early completion of the earn-in to a 100% interest at the Authier North lithium project in Quebec. CASH AND EQUITY The agreement from July 2021 is for Authier North and Duval East in the Val d’Or mining camp approximately 45km northwest of the city of Val d’Or. The company said it had […]
Red Rock granted new Zimbabwe lithium licence
Red Rock Resources plc has been granted a new lithium licence covering 94 hectares near Bikita in southern Zimbabwe. EXTENSIONS The company added it was also granted two small extension licence areas of 21ha and 22ha also near Bikita, next to a purchased area in the process of transfer. Red Rock was additionally recently granted […]
Cadence notes priority pegmatite targets at Bynoe
Cadence Minerals plc portfolio company Evergreen Lithium Ltd has identified priority pegmatite targets within the Bynoe project in the Northern Territory of Australia. BLIND PEGMATITES Evergreen used ambient noise tomography (ANT) to measure the seismic velocity of the subsurface in three dimensions. The survey aimed to identify potential lithium bearing pegmatites at depth, otherwise known […]