Ultra Lithium CEO on high grade lithium advantage

Weiguo Lang, CEO, President and Director of Ultra Lithium Inc. (TSXV: ULI) (“Ultra Lithium”) in an interview with InvestorIntel Senior Editor Peter Clausi discuss Ultra Lithium’s lithium projects in Argentina and Northern Ontario, Canada. Weiguo states Ultra Lithium’s Canadian project is a high-grade hard rock pegmatite deposit, with a grade of “1% to 1.5% lithium oxide.” In Argentina, Ultra Lithium has 4 properties, with 12 claims, for a total area of “25,000 hectors”. Weiguo shares that one of these properties has historical drilling results showing “220 ppm of lithium”…to access the complete interview, click here

Disclaimer: Ultra Lithium Inc. is an advertorial member of InvestorIntel.




InvestorIntel’s 6th Annual Cleantech & Technology Metals Summit Corporate Line-up Unveiled

Early Bird Deadline for CTMS Delegates for “The Next Big Thing” April 22, 2017

On behalf of the team of InvestorIntel, a leading online source of independent investor information, we are pleased to announce the corporate presentation line-up for the 6th Annual Cleantech & Technology Metals Summit (CTMS2017.com | @CTMS2017). Featuring 24 of the most impressive market movers in the cleantech and technology metals sector, CTMS is scheduled for Monday, May 15th and Tuesday, May 16th at the Omni King Edward Hotel in Toronto, Canada and promises to reveal through InvestorIntel’s EU Editor, Christopher Ecclestone – the next big thing.

InvestorIntel Corp. CEO Tracy Weslosky commented: “We are delighted to announce the CTMS corporate presentation line-up as follows, organized by market cap: CTMS2017 Corporate Presentation List (market cap): Lynas Corporation Limited (ASX: LYC | OTC: LYSDY), Nemaska Lithium Inc. (TSX: NMX | OTCQX: NMKEF), Largo Resources Ltd. (TSX: LGO | OTCQB: LGORF), Neometals Ltd. (ASX: NMT), Alkane Resources Corp. (ASX: ALK | OTCQX: ANLKY), eCobalt Solutions Inc. (TSX: ECS | OTCQB: ECSIF), NioCorp Developments Ltd. (TSX: NB | OTCQX: NIOBF), NextSource Materials Inc. (TSX: NEXT | OTCQB: NSRC), Lithium X Energy Corp. (TSXV: LIX | OTCQB: LIXXF), Neo Lithium Corp. (TSXV: NLC), Wealth Minerals Ltd. (TSXV: WML), Talga Resources Ltd. (ASX: TLG), Scandium International Mining Corp. (TSX: SCY), Advantage Lithium Corp. (TSXV: AAL | OTCQX: AVLIF), Nano One Materials Corp. (TSXV: NNO), Lithium Australia NL (ASX: LIT), Avalon Advanced Materials Inc. (TSX: AVL | OTCQX: AVLNF), HPQ Silicon Resources Inc. (TSXV: HPQ), Search Minerals Inc. (TSXV: SMY), Argentina Lithium & Energy Corp. (TSXV: LIT | OTCQB: PNXLF), Robix Environmental Technologies Inc. (CSE: RZX), CBLT Inc./Green Swan Capital Corp. (TSXV: GSW), Matamec Explorations Inc. (TSXV: MAT | OTCQB: MHREF), Alix Resources Corp. (TSXV: AIX) and the TMX Group Limited. We anticipate a full capacity crowd and will be publishing our CTMS Agenda, which will feature 5 dozen world class experts on the early bird delegate deadline on April 22nd. This will be a remarkable event for industry and investors alike.”

Christopher Ecclestone, EU Editor for InvestorIntel and Founder of Hallgarten & Co. will be one of the keynote speakers anticipated during CTMS and will be unveiling “the next big thing” on Tuesday, May 16th at 4:45 PM. He comments: “After the long years of the mining drought, the chickens are coming home to roost. Underinvestment in key strategic technology metals has now created a situation of looming panic in end-users and in government circles. We stand on the cusp of the long-awaited action to follow the perpetual jawboning on criticality.”

CTMS Participating Companies: Advantage Lithium Inc., Alix Resources Corp., Alkane Resources Ltd., AlphaNorth Asset Management, Argentina Lithium and Energy Corp., Avalon Advanced Materials Inc., Baldota Group, Baobab Asset Management, Birkshire Automobiles, BMO Capital Markets, Bonaventure Explorations Limited, BPL Corp., Bridging Finance Inc., Buckingham Group Capital, Canaccord Genuity Group Inc., Cantor Fitzgerald Canada Corporation, CBLT Inc., CIBC Wood Gundy, Clicking Capital Corp., Coro Mining Corp., CS Consult, Dorfner Anzaplan, Dundee Capital Markets, Durose Asset Management, eCobalt Solutions Inc., Eight Capital, Equity Participation, First Republic Capital, Forte Fixtures & Millwork, Inc., HPQ Silicon Resources Inc., Hydra Capital Partners, Industrial Alliance Securities Inc., Integral Wealth Securities Limited, International Lithium Corp., InvestorIntel Corp., J.A. Green & Company, Jack Lifton LLC, Laird Research, Largo Resources Ltd., Lithium Australia NL, Lithium X Energy Corp., Lynas Corporation Limited, M.PLAN International, Maplegrow Capital, Marquest Asset Management Inc., Matamec Explorations Inc., Nano One Materials Corp., Neo Lithium Corp., Nemaska Lithium Inc., Neometals Ltd., NextSource Materials Inc., Niocorp Developments Ltd., Northern Graphite Corporation, Northern Minerals Limited, Novadan Capital Limited, Raymond James Ltd., Richardson GMP Ltd., Robix Environmental Technologies Inc., Scandium International Mining Corp., Search Minerals Inc., Seekhi Capital, SGS Minerals Services, Sprott Asset Management LP, Signature Resources Ltd., Talga Resources Ltd., TMX Group Limited, The Sky Guys Ltd., Ucore Rare Metals Inc., Wealth Minerals Ltd. & WESCOW

About #CTMS2017: From electric vehicles to technologies that are changing the world, #CTMS2017 promises to provide the #1 source for debate and dialogue for industry and investors alike looking for the next big thing. Cobalt, Lithium, Graphite, Niobium, Vanadium, Scandium, Manganese or the next Super Metal — #CTMS2017 has 2 dozen presenters and 10 panels filled with international experts over a 2-day intense summit that will leave you with the most exciting review of global equities focused on strategic materials, critical metals and the associated technologies that impact the world.

Engage in the off-the grid, on-the-grid debate; lithium vs graphite demand in the battery battle war; or what about conflict minerals, and is cobalt the real deal – engage with the best and attend InvestorIntel’s 6th Annual Cleantech & Technology Metals Summit being held on Monday, May 15th and Tuesday, May 16th from 8AM – 6PM at the Omni King Edward Hotel on 37 King St. East in Toronto, Canada (CTMS2017.com).

#CTMS2017 Delegate Passes: To secure a 2-day InvestorIntel’s 6th Annual Cleantech & Technology Metals Summit delegates pass (includes lunches/reception) for Monday, May 15th and Tuesday, May 16th from 8AM – 6PM, click on the following link: http://bit.ly/2p2lC3k

#CTMS2017 Contact Information: For more information on InvestorIntel’s 6th Annual Cleantech & Technology Metals, please contact Neil Lock, Summit Director at +1 647 345 5486 or 604 380 4888 Neil@InvestorIntel.com. For regular updates on the Cleantech & Technology Metals Summit, please go to CTMS2017.com or follow us on twitter @CTMS2017.




Argentina Lithium on exploring the lithium triangle

Argentina Lithium & Energy Corp. (TSXV: LIT | OTCQB: PNXLF) (“Argentina Lithium”) secured the necessary permits last month to complete detailed exploration of their Arizaro Lithium Project on the Arizaro Salar in Salta Province, Argentina. Most readers will be familiar with South-America’s “Lithium Triangle”, a dense area of lithium-rich brines and salars spanning parts of Argentina, Chile and Bolivia; As this triangle holds around half of the world’s identified lithium reserves, the zone has attracted an absurd number of investors and explorers in recent years.

Argentina Lithium purchased 20,500 hectares of the central section of the Arizaro Salar in October 2016. Now the company intends to expand this claim due to their conviction that quality brines exist at depth to a much greater extent than what has currently been revealed.

“We are excited to be taking the first step in a systematic exploration program to investigate the Arizaro Project for lithium-rich brines,” said Nikolaos Cacos, President and C.E.O. “At the same time we are initiating baseline environmental studies and community engagement programs, in anticipation of drilling, and potentially resource delineation, later this year.”

Argentina Lithium believes that its work can contribute to a greener energy future. Lithium-ion battery systems have become ubiquitous and are considered by many to be the current leading-solution to the problem of storing all the renewable energy we produce in the coming years. Key sectors, including electric vehicles, grid-storage systems and portable technologies are all exploding, and all depend on lithium.

Arizaro is a high-altitude plateau located in the mining-friendly province of Salta, in the Puna region of northwestern Argentina. The 3,600m high salar covers an area of 1600 km2 within a watershed of 6,000 km2, making it the third largest salar in the “Lithium Triangle”, after Uyuni in Bolivia and the Atacama in Chile. The salar is located in a hyper-arid region, receiving on average less than 30 millimeters of rain per year, a necessary condition for the creation of evaporative brines. The shear surface area of salars such as these means that processing facilities, including expansive evaporation ponds, can simply be constructed on the flat itself-a considerable cost saving.

The development of brine projects on some other salars in the region has been hindered by a lack of fresh water for processing. At Arizaro, there is a known water recharge area. Furthermore, the company has made securing a water source a key component of its exploration program in preparation for a feasible mining project. Additionally, the presence of so many other mining juniors in the area means that infrastructure is being expanded around the project all the time, which Argentina Lithium could leverage.

Arizaro is situated in close proximity to several rail stations (Tolar Grande, Taca-Taca, Caipe, Vega de Arizaro) on the international railway that leads to the Chilean deep water port of Antofagasta approximately 450 kilometres to the west.

Argentina Lithium & Energy Corp. is a member of the Grosso Group, a resource management team that pioneered the mineral exploration industry in Argentina and has operated there since 1993. The group has made three exceptional metal deposit discoveries, and it broadened its focus to include alternative fuels in the mid 2000’s. The Grosso Group, a private mineral exploration in South America, has been following the lithium battery sector and believes this is the time to expand its efforts in lithium resource development in Argentina. The Grosso Group leverages its vast network of local, regional and international industry contacts to support the exploration team in their search for quality resource opportunities.

Right now, access routes are being established on the 20,500 hectare property and detailed exploration work is expected to commence shortly. This will include both near-surface geochemical sampling and a Vertical Electric Sounding (VES) geophysical survey to test the company’s theory that extensive lithium-rich brines exist at depth. For the next few months, emerging data will coalesce into a coherent map and resulting drill program plan; if a bet is to be placed, it would be wise to place it early.




Tesla competitors currently sourcing lithium for their power plants in Canada

Lithium supply is paramount to the future of clean energy. As long as demand for vehicle propulsion systems and portable electronic devices continues to increase, the world will continue to look for new sources of their component parts. International Lithium Corp. (TSXV: ILC) (“ILC”) is superbly placed to meet this demand, having positioned itself with solid development partners and acquired high-quality grass roots projects at early stages of exploration, ILC aims to be the investor’s choice and is currently battling the Canadian winter for that very title.

On 1st December 2016, ILC commenced a diamond drilling program at its Mavis Lake lithium pegmatite project in Ontario, and soon after shelved the drill until January. The retreat was ordered by a freak rain event that rendered the ground unsuitable for drilling and the team were forced to wait until the new year for the earth to freeze; the delay will result in the process being more efficient and overall environmental impact being reduced.

Thankfully, this is the Canadian mid-winter, and so an extreme cold warning is never far away.

ILC’s rare metals pegmatite properties in Canada (the Mavis and Raleigh projects) and Ireland (Avalonia project) complement the company’s lithium brine project in Argentina. The Avalonia project is under option to long-term strategic partner, the global lithium giant Ganfeng Lithium, and the Mavis project with strategic partner Pioneer Resources Limited.  The Mavis and Raleigh projects together form the basis of the company’s newly created Upper Canada Lithium Pool designated to focus on acquiring numerous prospects with previously reported high concentrations of lithium in close proximity to existing infrastructure.

I’m excited about Mavis et al. It seems like there are endless brine evaporation operations crawling towards production, and even though their Argentina brines are ILC’s main focus, there’s really nothing like smashing open a good pegmatite. The granite-like rock is formed as the final stage of magma crystallisation and is characterised by its very large crystals; it frequently contains sizeable precious stones and a variety of rare-earths from which ILC hopes to extract both the lithium and caesium that have been identified.

When rare-metal pegmatites solidify, the host rocks adjacent to the pegmatite may be enriched by the associated fluids, and what is known as a dispersion halo forms around the pegmatite body. Normally the extent of the rare-metal alteration halo is within a few meters of the pegmatite, but notably, the pegmatite belts at Mavis and Raleigh exhibit alteration halos in the order of tens of metres wide, representing some of the broadest and strongest host-rock lithium anomalies observed around the world.

A previous drill returned lithium concentrations as high as 3.08% in the Mavis Lake pegmatite, and we are hoping for further good news as the arctic temperatures at the site begin to subside this week, permitting work to continue. The budgeted exploration expenditures will be wholly funded by Pioneer as part of their earn-in on the project, and a $1 million budget has been allocated across both the Mavis and Raleigh projects.

Automakers with facilities in Ontario like GM, Ford, Toyota and Chrysler are all developing EV’s to compete with Tesla, and are currently sourcing lithium for their power plants. ILC’s focus on the area is no surprise then and with an established global lithium giant serving as advisor they are more likely to survive the winter than most.




Galaxy Resources expects to commence lithium concentrate production

Galaxy Resources Limited (ASX: GXY) is an Australia based company in the mining exploration and production industry, specifically focusing on Lithium mining, and conducting operations across three sites in Australia, Canada and Argentina. Lithium is a key component in eponymous lithium ion batteries, used in all manner of equipment from personal electronic devices and laptops to the electronic vehicles. With supply constraints and ever increasing demand, Lithium was one of the few commodities to increase in price value over 2015, growing from $5,800/tonne to over $10,000/tonne within the year.

In 2012 Galaxy Resources acquired, and has since been developing, their flagship project at Sal de Vida in Argentina, an area which produces over 60% of global lithium supplies. This area is known for having some of the highest quality lithium brine in the world, with high lithium content and potassium yields necessary for scaling production, and low impurities which reduce production costs. Galaxy Resources controls exclusive mineral rights over 385 square kilometres. A feasibility study for the site conducted in 2013- prior to the 2015 price increases in Lithium – estimated that the Sal de Vida site would produce annual revenues of US $215 million. Coupled with devaluation of the Peso and removal of withholding taxes in the country, there is a lot lining up in support of the lucrative Argentinian site.

Galaxy Resources has taken impressive strides since coming under new management in 2013. Chairman Martin Rowley has founded and directed a number of commodities mining companies, including First Quantum – one of the world’s largest copper producers. Anthony Tse, Managing Director, arrived with over 20 years’ experience in senior corporate management within high-growth sectors. Over the last three years the new team has drastically reduced the company’s debt from A$200 million to $20 million, directing the business’s focus on developing lithium production. Part of this strategy has included divestment from a processing plant in China worth over $100 million. In 2015 Galaxy Resources Limited reinvested in a joint venture with General Mining Corporation Ltd to begin lithium production at their Mt Cattlin mine in Western Australia. This joint venture soon developed into a takeover bid from Galaxy, no doubt encouraged by the agreement reached between General Mining and Mitsubishi for the latter to offtake total lithium production from the Mt Cattlin site. The share price for each partner has rocketed by over 1,000% over the last 12 months, and merger will see the creation of Australia’s second-largest lithium producer with a combined market cap of $657 million.

Galaxy Resources is suitably positioned to make impressive gains as their recent developments and projects come into maturation, boosted by exceptional performance of the lithium market generally. The acquisition of General Mining has transformed Galaxy Resources into a major global supplier of lithium, and they enjoy the security of diverse operations incorporating varied techniques of extraction across several global sites, including one of impeccable quality. The company has capitalised on the lethargic supply-side response to booming demand in lithium, positioning themselves to become a market leader. The highly credentialed board, which has dramatically developed, restructured and refocused the company over the last three years continues to be Galaxy Resources’ most prized asset and should lend confidence to potential investors.

At the beginning of November, Galaxy Resources confirmed that the construction at Mt Cattlin was near completion. The Company expects to commission the project over the coming weeks and aim to produce a spodumene concentrate by the 15th of November 2016.