MTL 0.00% 0.2¢ mantle minerals limited

Ann: Exploration Program Commences at Muddy Mountain-CAD.AX, page-59

  1. 1,529 Posts.
    Really depends on results..a couple of others there have contracts with Telsa..might do a JV ?
    CAD has over 13k Acres of Projects ..Pure Energy has 9,500 Acres and not in production but has a contract with Tesla after being approached by them..CADs properties look like they have what it takes ..imo if they make a reasonable strike most likely someone over there will be interested ..was looking recently at the Scotty Project..found some info on the area..

    From CADs website ..The Scotty's South - Sarcobatus Flats Project consists of 200 claims totaling approximately 4,000 acres and is a desert playa lake located in Nye County, western Nevada along state route 95 approximately 110km south of Tonopah..

    from the link below..
    The most important industrial minerals in northern Nye County are barite, magnesium minerals, lithium, and fluorspar..Playas in northern Nye County may contain saline commodities, particularly lithium, for which demand may increase substantially due to use in batteries for electric vehicles. Lithium is extracted from subsurface playa brines at Clayton Valley, which is about 40 km west of northern Nye County. There are at least two current lithium exploration projects in Nevada, including one at Mud Lake in northern Nye County. Some playas in northern Nye County have been evaluated for lithium in the past.

    so it seems Nye County has lithium potential..
    https://pubs.usgs.gov/of/2009/1271/of2009-1271.pdf

    If we can get the drilling going shortly then that would satisfy the impatient..CAD said they were in advanced convos with the ones they are talking to that do the the drilling ? not sure what they mean exactly by..advanced ?..might mean they were or are finalising the drilling contract paperwork..?..

    Anyhoo ..bring on the drilling ....just a case of keeping checking back for the ANN..
 
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