Thought I'd start a new thread as I think aside from the lithium brine projects in Argentina about to be drilled the recent applications in Brazil could be huge also given their proximity to these and being right next door to CMOC!!!
Refer 07/02/2024 ASX annoucement.
As a matter of interest I found this:
- Spark Energy Minerals has secured a lithium ground position of ~ 34,000 hectares, with multiple anomalies targets defined within the prospective ‘lithium valley’
- Drilling targets will be the focus for 2023 at the three lithium licenses to confirm the known potential for lithium in spodumene pegmatites in this region and over the lithium licenses
- These licenses are in the most extensive exploration acreage of Brazil near by to producers Sigma Lithium and the government mine, CBL. The focus is on exploration for outcropping pegmatites in preliminary prospecting.
- TSX-V listed Sigma Lithium (TSXV: SGMA) discovered the Grota do Cirilio lithium deposit in 2017growing to a current market capitalization of US$4 billion.
- Sigma Lithium Resources is the most active lithium explorer in the region with a world-class lithium resource base which currently stands at 45.7Mt @1.38% Li2O contained within four separate deposits, with a combined footprint of approximately 105 hectares.
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