AZL 0.00% 1.8¢ arizona lithium limited

Saskatchewan is one of the most prospective regions for lithium...

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    Saskatchewan is one of the most prospective regions for lithium brine development in the world. The province has a long history of oil and gas exploration, which has led to the development of a strong infrastructure and skilled workforce. In addition, Saskatchewan has a favorable regulatory environment for mining.

    Prairie Lithium is one of the leading lithium brine developers in Saskatchewan. The company has a large landholding in the southeastern part of the province, covering over 350,000 acres (1440 Sq. Km). In 2023, Arizona Lithium announced an inferred resource of 5.7 million tonnes of lithium carbonate equivalent (LCE) at its project. This resource is one of the highest-grade lithium brine resources in Canada.

    The mineral potential of brines in Saskatchewan is still being investigated. However, the results of recent studies suggest that the province has the potential to be a major supplier of lithium. In 2018, the Saskatchewan Ministry of Energy and Resources published a report on the mineral potential of brines in the province. The report found that the lithium concentrations in brines in Saskatchewan are comparable to those in other major lithium brine producing regions, such as Chile and Argentina.


 
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