Industrial mineral

LithiumBank’s Park Place Hydrogeological Study Reports Largest Contiguous Lithium-Rich Brine Project by Volume in North America

Retrieved on: 
Monday, February 27, 2023
Lithium, Water, Matrix, Leduc Formation, Beaverhill Lake Group, News, Donald Duck filmography, QP, Permeability, Crown, Disclosure, Woodbend Group, Winterburn, Acquisition, Industrial mineral, Investment, Mineral resource estimation, Hydrogeology, Park Place, Porosity, Boardwalk, MIM, Nature, DST, NTS, Ageing, Oil, Limestone, Leduc, Swan Hills

Currently the largest reported lithium-rich brine project, by volume, in North America held by a single operator.

Key Points: 
  • Currently the largest reported lithium-rich brine project, by volume, in North America held by a single operator.
  • Leduc Formation brine sample, collected in December 2022 from Park Place, reported 77.2 mg/L lithium ( News Release Jan. 17, 2023 ).
  • The recently completed hydrogeological study indicates that PPLP hosts the largest lithium-bearing brine, by volume, held by a single operator in North America at 76.3 km3 of brine (76.3 B m3).
  • “We are very proud to report the largest reported lithium brine project by volume in North America.

LithiumBank to Develop Boardwalk and Park Place Lithium Brine Projects After Successful Acquisition Campaign

Retrieved on: 
Thursday, February 2, 2023
Lithium, Lithium chloride, Classification, Park Place, Geology, Leduc Formation, Economy, Porosity, News, Hatch, Industrial mineral, National instrument, Saskatchewan Group, Inference, Project, Techno-economic assessment, United, QP, Association of Professional Engineers and Geoscientists of Alberta, Consultant, Fresh water, Electricity, APEGBC, Acquisition, Highway 17 (Alberta–Saskatchewan), Rail transport by country, PEA, DLE, OTCQB, Permeability, City, Kindersley, Natural gas, Amusement park, Potash, Oil, Boardwalk, Leduc, Freehold

LithiumBank’s successful exploration programmes and geological assessments have identified Boardwalk and Park Place as flagship district scale projects that possess key elements required for potential commercial development.

Key Points: 
  • LithiumBank’s successful exploration programmes and geological assessments have identified Boardwalk and Park Place as flagship district scale projects that possess key elements required for potential commercial development.
  • Additionally, LithiumBank expects to conduct detailed hydrogeological modeling and brine sampling at both Boardwalk and Park Place to further expand and upgrade the classification of their lithium resources to measured and indicated categories.
  • We will soon be completing a further resource estimate at Park Place and await receipt of a PEA of Boardwalk.
  • We are looking forward to a catalyst rich 2023 across our entire lithium brine portfolio.”
    Figure 1: LithiumBank Projects in Western Canada.

Park Place Lithium Brine Project Delivers Up to 82.0 mg/L Li From Initial Sampling

Retrieved on: 
Tuesday, January 17, 2023
Lithium, Petro, Woodbend Group, Ageing, QP, Petroleum, Leduc Formation, Natural gas, Metallic, Beaverhill Lake Group, Alberta Geological Survey, Industrial mineral, MIM, Swan Hills, Formation, Donald Duck filmography, Disclosure, Fox Creek, Leduc

The Park Place Lithium Brine Project consists of 1,602,209 acres of contiguous MIM permits (89 MIM permits) that overlie the lithium-rich Devonian aged, Leduc Formation, Carbonate Reef complex (Woodbend Group) and the underlying Beaverhill Lake Group (Swan Hills FM) (Figure 1).

Key Points: 
  • The Park Place Lithium Brine Project consists of 1,602,209 acres of contiguous MIM permits (89 MIM permits) that overlie the lithium-rich Devonian aged, Leduc Formation, Carbonate Reef complex (Woodbend Group) and the underlying Beaverhill Lake Group (Swan Hills FM) (Figure 1).
  • Independent Director, Paul Matysek comments, “We are very pleased to see our first Park Place brine samples reflect lithium grades from historical assays.
  • The Park Place area has historically reported some of the highest-grade lithium brine samples in Alberta and it is very encouraging that our sampling to date confirms that lithium grades at Park Place tend to be higher than typically seen anywhere in Alberta.
  • We look forward to providing further results from additional planned sampling campaigns and incorporating them in a NI 43-101 Resource Estimate.”

LithiumBank Commences Hydrogeological Study and Renames Fox Creek to Park Place Lithium Brine Project

Retrieved on: 
Thursday, September 22, 2022
Lithium, Beaverhill Lake Group, DLE, Metallic, PEA, Porosity, Winterburn, Intention, Highway, Disclosure, News, Matrix, Association of Professional Engineers and Geoscientists of Alberta, Mineral resource estimation, Woodbend Group, Water, Industrial mineral, Technology, NTS, APEGBC, Techno-economic assessment, Park Place, MIM, Permeability, Association, GLOBE, QP, Boardwalk

LithiumBank has engaged Matrix Solutions Inc. (Matrix) to conduct a hydrogeological study of LithiumBanks Park Place mineral permit area (Figure 1).

Key Points: 
  • LithiumBank has engaged Matrix Solutions Inc. (Matrix) to conduct a hydrogeological study of LithiumBanks Park Place mineral permit area (Figure 1).
  • The Park Place Lithium Brine Project consists of 1,326,528 acres of contiguous MIM permits (Figure 1), which consists of 65 MIM permits and 10 MIM permit applications.
  • Recent DLE test work at the Boardwalk Lithium Brine Project has provided a technical foundation and understanding of DLE processes that the company can now leverage for Park Place.
  • LithiumBank is advancing and de-risking several projects in parallel of the Boardwalk Lithium Brine Project.

LithiumBank Increases Lithium-Brine Land Position by Over 530,000 Acres in Alberta and Saskatchewan

Retrieved on: 
Tuesday, September 13, 2022
Lithium, Beaverhill Lake Group, DLE, Metallic, Hatch, Peace Arch, Winterburn, Company, Acquisition, Disclosure, News, Government, Association of Professional Engineers and Geoscientists of Alberta, Water, Hydrocarbon, Industrial mineral, Woodbend Group, Alberta Geological Survey, Technology, NTS, APEGBC, MIM, Mineral, Association, GLOBE, Industrial, Apex, QP, Oil

LithiumBank has increased its land position over the past month by over 530,000 acres with a strategic focus on Fox Creek, Leduc reef area (Figure 1).

Key Points: 
  • LithiumBank has increased its land position over the past month by over 530,000 acres with a strategic focus on Fox Creek, Leduc reef area (Figure 1).
  • The additional permits give LithiumBank a dominant land position in the Fox Creek area, for a total of 1,361,007 contiguous acres.
  • The Company has also acquired a strategic land position in the Peace Arch area of northern Alberta totalling 73,610 acres (Figure 1).
  • LithiumBank currently holds over 3.7 million acres of mineral titles, 3.44M acres in Alberta and 326K acres in Saskatchewan.

Boardwalk Lithium Brine Project Update on – 5,973,000 Tonnes (LCE) – Inferred Mineral Resource Estimate

Retrieved on: 
Tuesday, May 31, 2022
Lithium, Technical report, Lithium carbonate, Geology, NI, QA/QC, Environment, Industrial mineral, Samsung Galaxy Note 7, Review, Qualified person (European Union), Marketing, DLE, Leduc Formation, MIM, QP, Technical Report Archive & Image Library, Technology, LCE, Porosity, Hatch, Hatch Ltd, Samsung Galaxy Note 4

There is no guarantee that all or any part of the mineral resource will be converted into a mineral reserve.

Key Points: 
  • There is no guarantee that all or any part of the mineral resource will be converted into a mineral reserve.
  • The Boardwalk Lithium Brine Project consists of 28 Alberta Metallic and Industrial Mineral (MIM) permits.
  • The Qualified Person responsible for the preparation of the May 18, 2021, Inferred Mineral Resource Estimate for the Sturgeon Lake Sturgeon Lake Lithium Brine Project is Roy Eccles, P. Geol.
  • LithiumBank is advancing and de-risking several projects in parallel of the Boardwalk (Sturgeon Lake) Lithium Brine Project.

Athabasca Minerals Announces Filing of Regulatory Application for Prosvita Sand Project and Updates Its Regional Sand Resources

Retrieved on: 
Monday, June 21, 2021
Sand, Duvernay, Athabasca, Industrial mineral

AMI Silica has filed its regulatory application with Alberta Environment & Parks (AEP) for the 'Prosvita Sand Project' (formerly called the Duvernay Sand Project).

Key Points: 
  • AMI Silica has filed its regulatory application with Alberta Environment & Parks (AEP) for the 'Prosvita Sand Project' (formerly called the Duvernay Sand Project).
  • Measured and Indicated resources of 40/140 mesh fraction were calculated to be 11.9 million tonnes ("MT") with an additional 0.9 MT of Inferred resources.
  • Athabasca Minerals is an integrated group of companies capable of full life-cycle development and supply of aggregates and industrial minerals.
  • Privco2 supports the Prosvita Sand Project (formerly called the Duvernay Sand Project).

U.S. Silica Holdings, Inc. Announces Resignation of Brad Casper

Retrieved on: 
Friday, August 7, 2020
Materials, Refractory materials, Ceramic materials, Excipients, Silicon dioxide, Industrial mineral, Chemical substances, Matter

"Brad joined us nine years ago and has been an integral part of growing U.S. Silica into the diversified industrial minerals company that we are today.

Key Points: 
  • "Brad joined us nine years ago and has been an integral part of growing U.S. Silica into the diversified industrial minerals company that we are today.
  • We appreciate Brad's numerous contributions to our success and wish him the best in his future endeavors," said Bryan Shinn, chief executive officer.
  • U.S. Silica Holdings, Inc.is a global performance materials company and last-mile logistics provider and is a member of the Russell 2000 Index.
  • The Company is a leading producer of commercial silica used in a wide range of industrial applications and in the oil and gas industry.

Texas Mineral Resources Shareholders Approve All Resolutions at Special Shareholder Meeting

Retrieved on: 
Thursday, August 6, 2020
Economic geology, Physical sciences, Rare-earth element, Industrial mineral, Natural sciences, Nature

SIERRA BLANCA, TX, Aug. 06, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Texas Mineral Resources Corp. (OTCQB: TMRC):

Key Points: 
  • SIERRA BLANCA, TX, Aug. 06, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Texas Mineral Resources Corp. (OTCQB: TMRC):
    Texas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths, technology metals and a variety of industrial minerals, is pleased to announce that shareholders representing a majority of the total number of shares outstanding approved all resolutions as described in the proxy statement dated July 16, 2020.
  • About Texas Mineral Resources Corp.
    Texas Mineral Resources Corp.'s focus is to develop and commercialize its Round Top heavy rare earth, technology metals, and industrial minerals project located in Hudspeth County, Texas, 85 miles southeast of El Paso.
  • Additionally, the Company plans on developing alternative sources of strategic minerals through the processing of coal waste and other related materials.
  • The Companys common stock trades on the OTCQB U.S. tier under the symbol TMRC.

Barite Market Stakeholders Capitalize on Oil and Gas Drilling Activities; Unveiling Higher Grades of Barite to Expand Application Areas: TMR

Retrieved on: 
Thursday, July 16, 2020
Minerals, Physical sciences, Chemistry, Barium, Toxicology, Baryte, Industrial mineral, Paint

Based on plethora of commercial use in the aforementioned industries, the barite market stood at valuation of US$ 1.3 Bn in 2018.

Key Points: 
  • Based on plethora of commercial use in the aforementioned industries, the barite market stood at valuation of US$ 1.3 Bn in 2018.
  • Growing use in paints and coating industry will utilize substantial volumes of barite, note analysts at Transparency Market Research.
  • Suppliers of industrial minerals are eying opportunities in radiology as a radiocontrast agent, such as GI imaging by offering high-purity barite.
  • Growing significance of barite as an accessory mineral for paints, coatings, ceramics, and rubber is boosting the barite market.