ACME Lithium Inc (CSE:ACME, OTCQB:ACLHF) announced an amendment to its option agreement with Eagle Battery Metals Corp, focused on ACME's Fish Lake Valley lithium project in Nevada. Under the amended agreement, EBM gains the exclusive option to acquire ACME's 100% interest in the mineral claims at the Fish Lake Valley project, with a retained royalty.
Bradda Head Lithium Ltd (AIM:BHL, OTC:BHLIF, TSX-V:BHLI) was a good riser as it exuded confidence that recent drilling at its Basin Project in Nevada would trigger a US$3 million milestone payment from partner Lithium Royalty (LRC). Shares were up 13% as the junior said all eight holes in its latest programme encountered lithium with the best showing almost 100m (99.82m) at 839 ppm.
Bradda Head Lithium Ltd (AIM:BHL, OTC:BHLIF, TSX-V:BHLI) said geochemical results for its expansion drilling programme at Basin Project in Arizona showed all eight drill holes contain excellent lithium mineralisation, with extensive amounts newly discovered in the Lower Clay. A highlight of the drilling was hole BND24-19, added the statement, with Upper Clay unit thickness at 103m in the centre of the drill pattern and nearly 100m (99.82m) at 839 ppm lithium and a higher-grade interval of 32.52m at 1,030 ppm.
Ganfeng invests $70 million in the south Pastos Grandes project, gaining 14.8% ownership. Lithium Argentina's Cauchari-Olaroz project shows progress with improving lithium purity and an increase in lithium production. The long-term goal for Cauchari-Olaroz project is over 60,000 tonnes of battery grade lithium produced annually. Combine that with the southern projects and we should see much larger long-term output.
While lithium prices have improved since the beginning of the year, the increase is not significant enough to resolve long-term market uncertainties or positively impact the likes of Albemarle Corporation (NYSE:ALB, ETR:AMC), says UBS. The Swiss bank revised down its 12-month price target to $124 from $132.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) CEO Bill Willoughby has called the feasibility study on the company's Clayton Valley lithium project a “major milestone.” Willoughby told investors that the report, released in April 2024 and filed on Thursday, is the “culmination of the dedicated work of our team of employees and consultants and highlights the economic benefits of the project made possible by Century's unique use of chlor-alkali and direct lithium extraction processing.
Millionaire-maker lithium stocks are still in demand because of the growing need for lithium. This is illustrated by its market size, valued at $26.88 billion in 2023 and projected to grow by 22.1% to $134 billion by 2032.
VANCOUVER, BC / ACCESSWIRE / June 13, 2024 / FE Battery Metals Corp (CSE:FE)(OTCQB:FEMFF)(WKN: A2JC89) ("FE" or the "Company") is pleased to announce the positive results of hydrometallurgical testwork that was able to produce battery grade lithium carbonate from pegmatite samples from its Augustus Lithium Project. For the study, FE contracted SGS Canada Inc. ("SGS").
With the world fighting to go green, we need as much lithium as possible. All of which will create substantial opportunities for some of the best lithium stocks to buy.
Lithium Americas Corp. shares have dropped below $3. Thacker Pass is a significant lithium find, and LAC's other holdings in the McDermitt Caldera region are also valuable. Despite the current low prices, the demand for lithium in various industries, including batteries and electronics, remains strong.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
VANCOUVER, BC / ACCESSWIRE / June 12, 2024 / Noram Lithium Corp. ("Noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) announces that it has completed an updated Mineral Resource Estimate ("MRE") for its 100% owned Zeus Lithium Project ("Zeus" or the "Project"), located in the Clayton Valley, Nevada. The updated MRE reflects work carried out on the Project over the last year, including an updated geological model and a Phase VII drilling program completed in January 2024.