Global Lithium Market Continued Rising Demand Increasing Mining Operations Activity - Seite 2
An initial orientation survey will be undertaken over known mineralization in the Irgon Dike and subsequently expanded westward along strike, to define any potential buried extensions of the dike.
The MMI survey will also be utilized over the large historic lithium soil anomaly identified immediately south of Cat Lake as was defined but never evaluated by
TANCO in 1978 (QMC NR of March 01, 2018). Read this full release and more news for QMC Quantum Minerals at:
http://www.marketnewsupdates.com/news/qmc.html
In other Lithium mining industry news and developments:
Lithium Corporation (OTCQB:LTUM) last week announced it has received the initial results from its Spring exploration program at the Yeehaw Rare Earth Element prospect in Southern British Columbia. Field work on the claim last year discovered the 30 meter wide Horseshoe Bend structure which is anomalous in REE's and also averages 0.90% titanium.
Prior to kicking off fieldwork here this year the company added a further claim, and currently holds 8365 acres (3385 hectares) of mineral tenures. Sampling/mapping this year has determined that a
similar, as yet undefined feature exists approximately 660 feet (200 meters) to the northwest of the Horseshoe Bend. This structure appears to be more strongly mineralized, with REE concentrations
generally higher than those at Horseshoe Bend, and titanium contents up to 1.37%. Additionally, a float boulder that exhibits similar mineralization was found approximately 0.9 miles (1.4 kms) to
the northwest above the Horseshoe Bend showing. These discoveries are significant as they could possibly indicate that mineralization is more widespread than it initially appeared, and that we can
reasonably expect variations in concentrations, so it is conceivable that even higher grade material may yet be found here.
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MGX Minerals Inc. (OTCQB:MGXMF) (TSX:XMG.TO) recently announced it has completed the previously announced diamond drill program on its Koot silicon project ("Koot" or the "Project") in British Columbia. A total of 782 meters (2,565 feet) of drilling were completed across 10 drill holes. Drill core has been split and sent to ALS Minerals in North Vancouver, British Columbia for special carbide pulverizing disc preparation and ME-ICP06 whole rock analysis. The Summer 2018 drill program was designed to define an initial N.I. 43-101 resource estimate. Additional drill work is planned at two of the Company's nearby silicon properties with the goal of also defining a resource. Historic Exploration conducted by COMINCO during the 1980's outlined a mineralized zone spanning approximately 400 meters consisting of high-purity silicon dioxide (SiO2). The global solar energy industry is expected to reach $422 billion by 2022 according to Allied Market Research, with a compounded annual growth rate of 24.2% between 2016 and 2022. MGX has prioritized evaluation and development of its silicon projects for silicon metal potential.