Cadence Minerals plc said it could have exposure to copper assets following Castillo Copper Ltd’s 90-day option agreement for lithium projects in which the investor holds interests. STRATEGY Cadence owns a 29% shareholding in Lithium Technologies Pty Ltd (LT) and Lithium Supplies Pty Ltd (LS) which signed the deal. Following due diligence, Castillo could acquire […]
Tag: lithium
Power Metal starts lithium exploration at Authier North
Power Metal Resources plc has started initial exploration, through its subsidiary Power Canada, on the Authier North lithium property in Quebec, Canada. PHASE I The 2021 Phase I programme will include prospecting and mapping completed by a senior geologist with extensive Quebec lithium-pegmatite exploration experience. As part of the programme, at least 180 soil samples will be […]
Power Metal signs earn-in options for Quebec lithium
Power Metal Resources plc has signed an earn-in agreement with the option to acquire a 100% interest in two lithium pegmatite exploration properties in Quebec, Canada. TERMS The company may earn in to a 100% interest of Authier North and Duval East in the prolific Val d’Or mining camp 45km northwest of the city and […]
Cornish Lithium raises £6m via crowdfunding
Cornish Lithium Ltd today said it had raised £6 million within 20 minutes via a new crowdfunding campaign. The company opened the fundraise to pre-registered investors at 9am.
Cornish Lithium in £1m consortium to extract lithium from clay waste
Cornish Lithium Ltd has formed a consortium with Imerys Minerals Ltd and consultancy firm HSSMI for a £1 million project to produce lithium from china clay (kaolin) operations in Cornwall. EFFICIENCY The Innovate UK-funded project will assess the potential for lithium extraction from waste material of current and historic kaolin production processes. Cornish Lithium will […]
Cornish Lithium builds geothermal test site and plant
Cornish Lithium Ltd has completed construction of its geothermal water test site and installation of its first demonstration plant at United Downs, Cornwall. Founder and chief executive Jeremy Wrathall said that the results from test work at the site would inform the development of a larger pilot plant expected to be built by the end […]