Showing posts with label Rare earth element. Show all posts
Showing posts with label Rare earth element. Show all posts

Tuesday, August 12, 2014

TNR Gold Acquires Critical Element REE Project in Labrador. $TNR.v $ILC.v $MCP $REE $AAPL $TSLA




Kirill Klip:


TNR Gold Acquires Critical Element REE Project in Labrador.


2014 Report On the International Rare Earth Metals Market - Forecast to 2018




  At TNR Gold we are involved not only in Lithium with our stake in International Lithium, but also in REE projects development. We are following closely the changing landscape and identifying new opportunities in this very important market of Strategic Critical Materials. Their applications are spread from Electric Motors to Solar and Wind Power generation and to the Displays of your Mobile Devices.







Vancouver, B.C. / TNW-ACCESSWIRE / August 11, 2014 / TNR Gold Corp. (the "Company" or "TNR) (TSX VENTURE:TNR.V ) has acquired through staking mineral exploration rights totalling 2,050 hectares within the Flowers River Igneous Suite located in Newfoundland and Labrador, Canada. The project area is approximately 25 kilometres from tidewater and 50 kilometres west of the community of Hopedale, Labrador.
TNR Gold, through its "lead generator business model", identified the Nuiklavik project as highly prospective for rare earth elements ("REEs"). TNR successfully applied the project generator strategy most recently in 2010/2011 when the Company identified theMariana lithium brine and Blackstairs lithium pegmatite projects, that became key to International Lithium Corp. (TSX VENTURE:ILC.V), a Lithium metals focused company spun out of TNR and currently partnered with a prominent lithium products producer, Ganfeng Lithium International Ltd., Co., based in China.
The Nuiklavik project area was briefly examined in the 1950s by Brinex, but saw no further exploration until Altius Resources Inc. ("Altius") targeting volcanic hosted uranium-type mineralization from 2006 to 2008. Altius sampled several rare earth occurrences, complementing earlier mapping and sampling work by the Geological Survey of Newfoundland and Labrador ("GSNL") in the 1980s and 1990s. All samples reported to date are grab samples and have returned assays of up to 1.4% zirconium oxide, 1.27% yttrium oxide, 1.15% niobium oxide and 1.1% total rare earth oxides with heavy REEs accounting for up to 67% of the total rare earths (Rare Elements Resources press release dated January 7, 2010). Grab samples are by nature selective and therefore may not be representative of mineralization on the property. Altius sold the project to Rare Element Resources Ltd. ("RER") in 2010. In 2012 RER made a decision to no longer maintain the mineral claims in favour of focusing on the exploration and development of their Bear Lodge REE Project.
"The Nuiklavik project is the next step in TNR's strategy to identify and generate projects of high value ahead of the curve. Several countries around the world have conducted research and identified potential future supply constraints of certain metals, naming them "critical metals". These are elements that are deemed essential to manufacturing industries in these countries. TNR is focussed on generating projects hosting critical elements needed for certain high tech and renewable energy industries. These elements are usually produced as by-products from other mining and industrial activities. A number of the rare earth elements which includes both heavy and light rare earths, are on the "critical" list. The supply chain from China is expected to decrease over the next few years and many REE sources outside China are dominated by the non-critical REEs. TNR has also recognized that many of the advanced stage REE exploration projects face significant cost challenges specifically related to infrastructure (as projects tend to be quite remote) and metallurgy (extracting individual rare earth oxides). TNR's team believes the geology and geochemistry of the Nuiklavik volcanics indicate the potential to host mineralization that is enriched in critical elements. The Property location, only 25 kilometres from tidewater, potentially gives it an infrastructure advantage. As done with International Lithium Corp., TNR is seeking a strategic partner with the technical expertise and end-use demand to facilitate the advancement and if warranted, the development of the project." Mr. Kirill Klip, Non-Executive Chairman of TNR.



OTHER NEWS
Further to the Company's June 13, 2014 news release announcing a grant of stock options, the Company has cancelled 1,125,000 stock options on June 13, 2014.
Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe. With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.
TNR Gold recently reported an inferred mineral resource at the Shotgun Gold project in Alaska containing 20,734,313 tonnes at 1.06 grams per tonne ("g/t") gold for a total of 705,960 ounces gold ("Au") using a 0.5 g/t Au cut-off (see news release dated 22 April 2013).
TNR is also a major shareholder of International Lithium Corp. (TSX:ILC.V) ("ILC"), a company created by TNR to advance its internationally acquired lithium prospects. TNR currently holds about 25.5% of the outstanding shares of ILC.
At its core, TNR provides significant exposure to gold and copper through its holdings in Alaska and Argentina and is committed to continued generation of in-demand projects, while diversifying its markets and building shareholder value.
John Harrop, PGeo, FGS, is a "Qualified Person" as defined under NI 43-101 and has reviewed and approved the technical content of this news release.
For further details please see our website at http://www.tnrgoldcorp.com/s/NewsReleases.asp
On behalf of the board,
Gary Schellenberg
President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Q&A. Statements in this Q&A other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Q&A may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Please Note our Legal Disclaimer on the Blog, including, but Not limited to:

There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company. 

Tuesday, August 05, 2014

International Lithium and Ganfeng Lithium Move to Advance the Blackstairs Lithium Project, Ireland. $ILC.v $TNR.v $LIT




Kirill Klip.:


International Lithium and Ganfeng Lithium Move to Advance the Blackstairs Lithium Project, Ireland.





International Lithium Corp. A Potential Source For Green Technology Minerals.


  Rare Earth elements or metals (REEs) are essential elements in clean-energy technologies. In recent years REEs have received plenty of coverage concurrent to growing environmental concerns. The rare-earth topic is no longer obscure and discussions regarding future REE shortages are beginning to emerge in mainstream media. Today international governments and organizations are pushing efforts to develop solutions to the rising scarcity threat, one of the biggest being that only 1 percent of critical materials are currently being recycled (they are difficult to recover economically), and so the race to find viable sources for REEs is on.



  The Green Technology Industry is the largest end-user of REEs and is continually growing with the development of electric vehicles and green energy electrical generators; wind turbines and solar panels. According to the American Chemistry Society, Lithium is among these endangered metals. China, which controls 97% of global rare earth production, has made significant investments in securing their supply. One excellent example of this is the recent news from China based Ganfeng Lithium Corp. regarding their 15million yuan (US $2.4 million) investment into International Lithium’s Blackstairs Pegmatite project in Ireland and the Mariana Brine project in Argentina for the 2014 budget yearGanfeng Lithium Corp. is one of the largest lithium product suppliers in the world supplying ILC with both capital and expertise and providing the global green technology industry with a new potential source of lithium supply. Read more."

International Lithium Corp.:

Jul 30, 2014

International Lithium and Ganfeng Lithium Move to Advance the Blackstairs Lithium Project, Ireland

    Vancouver, B.C. July 30, 2014: International Lithium Corp. (the "Company" or "ILC") (TSX VENTURE:ILC.V) is pleased to announce that further to the Company's news release dated March 19, 2014 (Mar19_2014_NewsRelease) Blackstairs Lithium Ltd. ("BLL"), a company incorporated under the laws of Ireland, has issued shares to GFL International Co., Ltd. ("Ganfeng Lithium" or "GFL") and International Lithium Corp. in the amounts of 51% to GFL and 49% to ILC. BLL holds all rights to the prospecting licences that comprise the Blackstairs Lithium project located in Leinster, south-east Ireland.



    Pursuant to the joint venture agreement between ILC and GFL, BLL will act as the joint venture company and carry out all activities required to advance the project. GFL has agreed to fund an initial program of EUR€1,600,000 (approximately CAN$2,300,000). The first cash advance of the multi-phase program of EUR€500,000 (approximately CAN$725,000) will be used to conduct property scale geological mapping and geochemical surveys in preparation for drill target selection. The newly acquired results will be compiled with existing data and known mineralized occurrences to prioritize exploratory drilling and resource delineation drilling in subsequent phases. ILC is initially appointed manager of the project and will receive a management fee of 10% of the exploration expenditures.




    Mr. Kirill Klip, President, International Lithium Corp. comments, "We are excited to spearhead this international collaboration and program that sets a precedent for sourcing metals that are imperative to the advancement of mobile devices, electric vehicles and alternative energy. The demand for Lithium is continually on the rise and there are shortage concerns which could impede on the growth of the green technology sector worldwide. The Irish government has taken this risk very seriously and pledged to facilitate the advancement of lithium production as part of an initiative to improve strategic metal supply chains. Together with Ganfeng Lithium, ILC has the opportunity to be part of this development and we are optimistic that we have a new potential source for the lithium battery supply chain".



    Mr. Wang Xiaoshen, Vice Chairman/ VP, Ganfeng Lithium Corp. notes, "Recent news that corporations such as Tesla and Panasonic are making significant commitments to build gigafactory battery plants will significantly impact the demand for Lithium. Similarly the Chinese market will become increasingly more important to companies like Tesla in the near future. These two reasons make BLL an ideal prospect for the lithium industry."



    Blackstairs Project

    The Blackstairs project, comprised of eight mineral exploration licences totalling 292 square kilometres, is located 80 km south of Dublin straddling the Counties of Carlow and Wicklow in Leinster, south-east Ireland. The Property encompasses an extensive NE-SW oriented 50 kilometre long rare metals pegmatite belt situated within the East Carlow Deformation Zone along the eastern side of the Leinster Granite. Approximately 19 significant lithium pegmatite occurrences have been discovered within the Property to date, primarily as boulder trails with five buried pegmatites known through past trenching and drilling.



    Lithium bearing pegmatite occurrences were first reported in the area in 1970. In the period through to 1977, Irish Base Metals carried out a preliminary exploration program comprising prospecting, sampling, trenching and geophysical surveys culminating in 47 short boreholes totalling 2,300 metres at 4 of the 19 lithium pegmatite occurrences over a number of seasons.

    Due to the prevalent overburden cover and scarcity of outcrop, prospecting for lithium pegmatite boulders was the most successful exploration method utilised to identify priority target areas. The relative location, size and quantity of pegmatite boulders within the dry stone field boundaries provided a reliable indication for the approximate position of buried pegmatites. The Aclare House occurrence, situated in the center of the Property has witnessed the most exploration activity on the Property and was initially discovered through this exploration approach.

    Thirty-three short drill holes totalling 1,703m were drilled at Aclare House. A pegmatite body up to 20 metres wide and traced for more than 400 metres along strike was delineated and a pre-NI43-101 historical resource of 570,000 tonnes grading 1.5% Li2O was reported. (A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.)

    Five drill holes, for a total of 163 metres, were drilled at the Stranakelly occurrence situated proximal to the northeast Property boundary. Lithium-bearing pegmatite mineralization was intersected in four of the holes with hole STK3 grading 1.85% Li2O over 5.3 metres.

    Five drill holes, for a total of 212 metres, were drilled at the Moylisha occurrence situated approximately 10 kms northeast of Aclare House. The width of the pegmatite body encountered varied between 5 and 10 metres with one hole grading 1.66% Li2O over 9.4 metres.

    Four drill holes, for a total of 280 metres, were drilled at the Seskinnamadra occurrence situated approximately 8 kms southwest of Aclare House. The narrow pegmatite intersections reported from the drilling does not explain the significant frequency and size of the lithium pegmatite boulders mapped in the area that suggests a potentially large yet to be discovered buried pegmatite body.

    The observed lithium bearing pegmatites and extensive boulder occurrences within the Property represent a highly prospective and underexplored region. In addition, the recent discovery of a high concentration of pegmatite boulders reporting grades exceeding 4% Li2O at Moylisha only serve to highlight the exploration potential of the Property.

    John Harrop, P.Geo, FGS, is the Company's Qualified Person on the project as defined under NI 43-101 and has reviewed the technical information contained in this press release.

    About International Lithium Corp.

    International Lithium Corp. is an exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner and keystone investor Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer.

    The Company's primary focus is the Mariana lithium-potash brine project, within the renowned South American "Lithium Belt" that is the host to the vast majority of global lithium resources, reserves and production. The 160 square kilometre Mariana project strategically encompasses an entire mineral rich evaporate basin that ranks as one of the more prospective salars or 'salt lakes" in the region.

    Complementing the Company's lithium brine project are rare metals pegmatite properties in Canada and Ireland. These projects reported highly encouraging lithium mineralization in drill holes targeting pegmatites that are unexposed at surface (news releases dated April 3,2013 and June 25, 2013).

    With the increasing demand for high tech rechargeable batteries used in vehicle propulsion technologies and portable electronics, lithium is paramount to tomorrow's "green-tech" economy. By positioning itself with solid development partners and acquiring high quality grass roots projects at an early stage of exploration, ILC aims to be the green tech resource explorer of choice for investors and build value for its shareholders.



    On behalf of the Board of Directors,



    Kirill Klip President, International Lithium Corp.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.


    Please Note our Legal Disclaimer on the Blog, including, but Not limited to:

    There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

    We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

    Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.

    Friday, June 27, 2014

    Kirill Klip.: International Lithium Corp. A Potential Source For Green Technology Minerals. $ILC.v $TNR.v $TSLA $LIT


    Strategic Partner, Ganfeng Lithium, Announces Initial Budget for Joint Ventures with International Lithium. $ILC.v TNR.v $LIT $TSLA




      Rare Earth elements or metals (REEs) are essential elements in clean-energy technologies. In recent years REEs have received plenty of coverage concurrent to growing environmental concerns.  The rare-earth topic is no longer obscure and discussions regarding future REE shortages are beginning to emerge in mainstream media. Today international governments and organizations are pushing efforts to develop solutions to the rising scarcity threat, one of the biggest being that only 1 percent of critical materials are currently being recycled (they are difficult to recover economically), and so the race to find viable sources for REEs is on.



      The Green Technology Industry is the largest end-user of REEs and is continually growing with the development of electric vehicles and green energy electrical generators; wind turbines and solar panels. According to the American Chemistry Society, Lithium is among these endangered metals. China, which controls 97% of global rare earth production, has made significant investments in securing their supply. One excellent example of this is the recent news from China based Ganfeng Lithium Corp. regarding their 15million yuan (US $2.4 million) investment into International Lithium’s Blackstairs Pegmatite project in Ireland and the Mariana Brine project in Argentina for the 2014 budget year.  Ganfeng Lithium Corp. is one of the largest lithium product suppliers in the world supplying ILC with both capital and expertise and providing the global green technology industry with a new potential source of lithium supply.



      Ganfeng’s transaction signifies confidence in ILC’s capabilities as ILC is currently one of the only publicly traded Canadian Corporations receiving funding from China after the collapse of the multi-million dollar CNOOC/Nexen deal. The Blackstairs Lithium project in Ireland is particularly momentous as a recent European Union study concluded that rare earth supply constraints could hamper clean energy efforts. Ireland has pledged to make the mining process more efficient as part of an approach to boost lithium production. Subsequent to the Blackstairs funding announcement, Jianguo Xu, Chinese Ambassador to Ireland, paid a courtesy call to Richard Bruton, Ireland’s Minister for Jobs, Enterprise & Innovation, to discuss how to promote pragmatic and mutually beneficial cooperation between the two countries.  



      Beyond the growing demand and investment from Chinese conglomerates, encouraging headlines have also come out of Argentina, which is home to ILC’s Lithium-Brine Project located within the famous Andes Lithium Triangle. The political tide appears to have made a turn for the better this year as governments in Argentina took positive steps towards modernizing public policy to encourage foreign investment. Not only was the national currency devalued to bring it closer to its real value but new economic systems to measure real impacts of inflation were implemented. The settlement with Spanish oil giant Repsol over the YPF nationalization is another indicator that change for the better is in the works. In addition, an unprecedented debt repayment deal was struck with the “Paris Club” of creditor nations, and Lumina Copper’s announcement that First Quantum Minerals has agreed to purchase the Taca Taca copper project for $470 million  should help to shore up lingering doubts about the direction  Argentina’s mining industry is headed. Taca Taca is approximately 70 kilometres from ILC’s Mariana project and any infrastructure built to facilitate production at Taca Taca will also benefit Mariana.



      ILCs goes beyond traditional mine development and is creating a business model that is focused on cooperation and growth. Ganfeng Lithium and ILC are jointly working on a vertical integration plan to develop both lithium projects and have just announced an exploration budget for 2014. With the REE demand growing and Tesla’s big Open Source move, this venture could not have occurred at a more opportune time.



    About International Lithium Corp. 


      International Lithium Corp. is an exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner and keystone investor Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer.

    The Company's primary focus is the Mariana lithium-potash brine project, within the renowned South American "Lithium Belt" that is the host to the vast majority of global lithium resources, reserves and production. The 160 square kilometre Mariana project strategically encompasses an entire mineral rich evaporate basin that ranks as one of the more prospective salars or 'salt lakes" in the region.

    Complementing the Company's lithium brine project are rare metals pegmatite properties in Canada and Ireland. These projects reported highly encouraging lithium mineralization in drill holes targeting pegmatites that are unexposed at surface (news releases dated April 3,2013 and June 25, 2013).

    With the increasing demand for high tech rechargeable batteries used in vehicle propulsion technologies and portable electronics, lithium is paramount to tomorrow's "green-tech" economy. By positioning itself with solid development partners and acquiring high quality grass roots projects at an early stage of exploration, ILC aims to be the green tech resource explorer of choice for investors and build value for its shareholders.

      Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.



    Please Note our Legal Disclaimer on the Blog, including, but Not limited to:

    There are NO Qualified Persons among the authors of this blog as it is defined by NI 43-101, we were NOT able to verify and check any provided information in the articles, news releases or on the links embedded on this blog; you must NOT rely in any sense on any of this information in order to make any resource or value calculation, or attribute any particular value or Price Target to any discussed securities.

    We Do Not own any content in the third parties' articles, news releases, videos or on the links embedded on this blog; any opinions - including, but not limited to the resource estimations, valuations, target prices and particular recommendations on any securities expressed there - are subject to the disclosure provided by those third parties and are NOT verified, approved or endorsed by the authors of this blog in any way.

    Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advice on this blog and there is no solicitation to buy or sell any particular company.