NVA 2.44% 21.0¢ nova minerals limited

Snow lake lithium valuation question, page-46

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    Onto the lithium stuff. You don’t mention the Thompson Brothers project too much but that was your original flagship back in 2016, wasn’t it?

    “That’s correct. It’s a great project in Manitoba Canada. Currently has a resource of ~11Mt at ~1% lithium,” Gerteisen says.

    It will be the first zero carbon hard rock spodumene mine in the world. Manitoba runs 100% hydropower.

    “One of the reasons we don’t talk about it a lot right now – we want to, because lithium is so hot – is because we are spinning that off [via Snow Lake Resources] and listing it on the NASDAQ.

    “That listing is not far off.

    https://stock head.com.au/resources/novas-christopher-gerteisen-talks-gigantic-gold-hits-lithium-exposure-and-the-path-to-production-at-estelle/
    Last edited by at6568: 18/10/21
 
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