LKE 1.69% 5.8¢ lake resources n.l.

Jobs @ L² - Lake & Lilac, page-4

  1. 4,126 Posts.
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    Canada is interesting
    https://hotcopper.com.au/data/attachments/4904/4904550-ce6e646fd026d8e772740dba3c8f7190.jpg
    Consider this 10 November :
    Canada orders Chinese companies to sell stake in lithium miners

    Then this :
    Prairie Lithium Makes Big Discovery on the First Lithium Brine Well Ever Drilled in Canada
    LithiumBank Announces First Known Canada-Based Indicated Lithium Brine Resource Estimate at Boardwalk, Alberta
    • 393,000T of Indicated Lithium Carbonate Equivalent (LCE) at a grade of 71.6 mg/L and 5,808,000 tonnes of Inferred LCE at 68.0 mg/L lithium

    3 things :
    • Lilac are building capability in Vancouver, Canada. Where Alberta ~1,000km away is a big O&G hub. Refer David Dickson's comments around industry similarities. IOW this location has the skill set to fast track brine IX projects at scale.
    • Canada evidently considers the Li industry along Economic, if not a National Security interest to order to have those stakes sold.
    • I've mentioned this before, but one of the outcomes from developing Kachi first is testing lower concentration brines to establish project economics using IX technology (Ion Exchange). These two Ca brine projects mentioned have much lower grades than other areas in Argentina/Bolivia/Chile, however Kachi is middle of the road when comparing the two locations. So I bet Canadian brine project developers are keenly watching Lake/Lilac/Kachi for the DFS numbers.




 
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