Resource World Magazine

Resource World - December/January 2013

Issue link: http://resourceworld.uberflip.com/i/99312

Contents of this Issue

Navigation

Page 47 of 79

estimate and metallurgy to determine if they can produce a technical grade spodumene concentrate. North Arrow Minerals Inc. [NARTSXV] has the Phoenix Project that hosts at least two, large, lithium-rich pegmatites, the Big Bird and the Curlew. The project is 340 km northeast of Yellowknife, NWT. The significant grades and widths returned from this limited exploration drilling program illustrate the potential for the Phoenix Project area to host a number of large lithium-rich pegmatites. Their Torp Lake Project contains the McAvoy, lithium-rich, spodumene-bearing, pegmatite dike and is ~30 km southwest of tidewater on the Arctic coast and 245 km east southeast of the Hamlet of Kugluktuk. Rock Tech Lithium Inc. [RCK-TSXV; RJIA-Frankfurt] has two Canadian lithium projects, the Georgia Lake Project in Ontario and the Kapiwak Project in Québec. The company's primary focus is on developing the Georgia Lake lithium and rare metals project in northwestern Ontario. Kalcos Exploration's [KASI-TSXV] 48 www.resourceworld.com Pontax-Lithium Project is located in James Bay, Québec, approximately 350 km north of Matagami. Khalkos, spun-off from Sirios Resources Inc; Sirios' base metal and lithium properties which were transferred in exchange for shares. Today, Sirios holds close to 30% of all of Khalkos' issued and outstanding shares. Western Lithium Corp. [WLC-TSX] is developing a lithium resource in northwestern Nevada. An initial stage prefeasibility study is expected to be completed next 2013; stage one production is planned for 2014. Western Lithium forecasts average revenue at $263 million per year for stage one of its operation. INTERNATIONAL PROJECTS Dajin Resources Corp. [DJI-TSXV], through an intermediary, controls 100% of a series of mineral concessions in Salta and Jujuy provinces of Argentina that cover regions known to or believed to contain brines rich in lithium, potassium and boron. The company is focused on exploration of its properties at the Salinas Grandes Salar; drilling will commence once permitting has been received. Galaxy Resources Ltd. [GXY-ASX] is an Australian-based global lithium company with lithium production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina. Galaxy has the James Bay Project in Québec, Canada, a lithium pegmatite (spodumene) deposit. The project is in the feasibility stage and has a NI 43-101 resource estimate showing indicated resources of 11.75 million tonnes grading 1.3% lithium oxide and inferred resources of 10.47 million tonnes grading 1.2% lithium oxide. Galaxy is seeking a strategic and cornerstone joint venture partner to proceed with the construction and development of its Lithium-ion Battery Project in Zhangjiagang, Jiangsu Province, China. Their Sal de Vida (Salt of Life) Project, one of the largest and highest grade, undeveloped, lithium brine deposits in the world, is located in northwest Argentina in the Lithium Triangle. Galaxy's Mt Cattlin Project near Ravensthorpe, Australia has been in production since 2010. DECEMBER 2012/JANUARY 2013

Articles in this issue

Archives of this issue

view archives of Resource World Magazine - Resource World - December/January 2013