MAN mandrake resources limited

Forth Coming Announcements, page-88

  1. 103 Posts.
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    "announced a maiden JORC Code 2012 compliant inferred mineral resource estimate at its 93,755-acre Utah lithium project"

    "inferred resource estimate of 3.3 million tonnes of lithium carbonate equivalent establishes the project as a top tier US-domiciled lithium brine asset"

    "direct lithium extraction testwork has successfully produced 99.9% pure battery grade lithium hydroxide from Utah lithium project brines"

    "ideally positioned in the Paradox Basin with well access, abundant existing infrastructure, access to a strong local workforce and an established regulatory environment"

    "strong news flow from forthcoming activities"

    "re-entry of existing wells targeting reservoirs known to host high concentration lithium-rich brines likely to result in significant upside in lithium concentrations"

    "production of large brine volumes from re-entry of existing wells to supply two DLE partner pilot plants"

    "commencement of a scoping study"

    "further applications for US government funding opportunities following the recent award of US$1 million"

    "well-funded with cash of A$14.9 million as of 30 June 2024"

    https://oilman.beehiiv.com/p/oilman-jim-s-letter-october-26-2024

    Worth reading
 
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