Vancouver, British Columbia (FSCwire) – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased to announce the results of the first reverse circulation (“RC”) hole which intersected two intervals of +1,000 parts per million (“ppm”) lithium (Li) on the Agua Fria target, of the Electra Project in Sonora, Mexico. Highlights to date include:
- The first vertical hole, AF-17-001, was drilled to a depth of 126 meters, intersecting two intervals of +1,000 ppm Li in clay-bearing volcanogenic sediments, including 33meters from 3 to 36 meters averaging 1058ppm Li, and 21meters from 54 to 75 meters averaging 1043ppm Li.
- Assays over 1,000 ppm are significant, and represent the cut-off grade used by SRK Consulting (UK) Limited on the neighboring La Ventana lithium deposit, owned jointly by Bacanora Minerals Limited (70%) and Rare Earth Minerals PLC (30%);
- Drilling on the Agua Fria project is progressing well with five completed holes totaling 625 meters. Assays have only been received for hole AF-17-001;
- The Agua Fria projects is being undertaken by a local drilling contractor using a tracked mounted RC rig. The project is staffed by a multinational crew from Canada, Australia and Mexico;
- The Agua Fria project is believed to be the first, comprehensive, fielding test of a portable Laser Induced Breakdown Spectroscopy (LIBS) using a SciAps Z300 instrument pre-calibrated for material type and lithium grade to provide “real time” assay verification.
- Li assays have been received from one drill hole (AF-17-001), and the initial correlation between obtained laboratory values to concentrations determined by the SciAps Z300 instrument is relatively good and very encouraging. Additional applications are being considered to expedite other targets;
- The Agua Fria project envisions a 3,000 meters reverse circulation drilling program investigating a 5 kilometer-long sedimentary unit hosting lithium-enriched clay layers.
During the 13th week of the year (March 27th to April 2nd, 2017), at least 24 press releases were announced by companies working in Mexico. ON EXPLORATION, Alix Resources commenced a lithium drilling program in Sonora, and One World announced an exploration second phase that is to include drilling in Baja California. Canuc presented historical rockchip results from its Santa Rosa property in Sonora, while Almadex resumed drilling at El Cobre in Veracruz, also presenting surface assays supporting a gold copper porphyry target on an undrilled area, and Gainey is finishing a drilling campaign in Nayarit. ON MINING, Americas Silver, Mag Silver and Sierra Metals presented operating and/or financial results for 2016, while First Majestic presented production results from its six mines in Mexico. ON FINANCING, Agnico Eagle announced a US $220 M offering, Wealth Minerals raised $4.86 M and Primero Mining closed an extension on a revolving credit facility for $75 M. ON RESOURCES AND DEVELOPMENT, Endeavour Silver presented a resource estimate for its El Compas mine in Zacatecas. Torex Gold announced a high-grade resource for its sub-sill deposit at its El Limon-Guajes property in Guerrero. Corex Gold continues mine construction at its Santana property in Sonora and Golden Minerals disclosed a corrected resource estimate for its Santa Maria property in Chihuahua. First Majestic presented resource estimates for its six operating mines in Mexico. ON DEALS AND CORPORATE ISSUES, Santacruz Silver finalized the sale of El Gachi property in Sonora to First Majestic. HECLA exercised the right to lease Golden Minerals mill in Durango until the end of 2018.
- Alix Resources Corp. commenced a 3,000 m drilling program at its Agua Fria lithium project in Sonora. The reverse circulation program is to test 5 km of prospective length of sedimentary units hosting Li-enriched clay horizons. Laser induced breakdown spectroscopy is to be used for real-time field analysis of drill cuttings.
- One World Minerals Inc. announced a second phase program at is Rico Litio project in Baja California. This phase is to include a geophysical survey, geochemical sampling and a 4,000 m drill program to be completed before the end of June 2017. A third phase program will include pump test work to determine aquifer capacity, draw down flow rates and concentrations of lithium and potassium.
- Canuc Resources Corp. provided a summary of previously compiled information on the Santa Rosa mine in the San Javier district, Sonora. The Santa Rosa mine consists of five levels spanning a strike length of 490 m and 135 down dip, ranging from 0.3 to 5.0 m in width and staying open along strike and to depth. The average of 341 samples of vein material is 1.45 m @ 388 g/t Ag, 2.02 g/t Au, 1.6% Pb, 1.3% Zn. Two subparallel veins, El Capulin and Las Norias, are virtually unexplored.
- Almadex Minerals Ltd. informed that drilling recommenced in February on the Norte zone of its El Cobre project in Veracruz, and that a second rig has started coring at the site. Two kilometres south of the Norte zone is the undrilled Villa Rica target area, where 18 subcrop and outcrop samples collected in a 150 x 150 meters area (now called Raya Tembrillo). Once the mapping is complete, drilling is planned for the Villa Rica zone later in 2017.
- Gainey Capital Corp. is currently finishing its phase 1 drill program on its Colomo property in Nayarit, focused on La Higuerita and La Nueva Victoria zones, with results for La Nueva Victoria already released and those of La Higuerita still pending.
- Americas Silver Corp. presented financial and operational results for 2016. Cash and cash equivalents were $24.1 M by the end of the 2016, with net working capital of $20.1 M. “A low interest rate $15.0 million concentrate pre-payment facility was entered in January 2017 after year end with a subsidiary of Glencore PLC (“Glencore”) to fund a portion of the development costs for San Rafael” (Cosala and San Rafael, Sinaloa).
- First Majestic Silver Corp. released 2016 production results for its six operating mines in Mexico: La Encantada in Coahuila, La Parrilla in Durango, Del Toro in Zacatecas, San Martin in Jalisco, La Guitarra in Estado de Mexico and Santa Elena in Sonora, according to the following table:
- Sierra Metals Inc. presented financial results for 2016, which include $42.1 M of cash and cash equivalents by the end of the period, and a net debt of $36.5 M (Cusi and Bolivar, Chihuahua).
- Mag Silver Corp. presented the financial results for 2016, with working capital of US$139.1 M including cash, cash equivalents and term deposits of $138.3 M. In March 2016, the company closed a $65 M bought deal financing with an over-allotment option that took the total gross proceeds to $74.7 M. During 2016 the company funded $7.36 M on the Juanicipio project (under JV, Fresnillo PLC 56%, Mag Silver 44%). A 20,000 metre exploration drill program is expected to be approved for 2017 for Juanicipio (Juanicipio, Zacatecas; Cinco de Mayo, Chihuahua).
- Agnico Eagle Mines Ltd. announced an offering to an institutional investor in the United States for total consideration of approximately US$220 M (La India, Sonora; Pinos Altos, Chihuahua).
- Wealth Minerals Ltd. arranged a non-brokered private placement for gross proceeds of up to $4.86 M (Coronado and Valsequillo, Chihuahua).
- Primero Mining Corp. has closed the extension of the maturity of its $75 M revolving credit facility with its syndicate of lenders.
ON RESOURCES AND DEVELOPMENT
- Endeavour Silver Corp. reported its initial NI-43-101 mineral resource estimate and a preliminary economic assessment (PEA) for its El Compas mine project in Zacatecas. The indicated resource stands at 184.4 K tonnes @ 104 g/t Ag, 7.31 g/t Au, for 495 K Oz Ag, 34.9 K OZ Au, and the inferred resource is 216.8 K tonnes @ 76 g/t Ag, 5.38 g/t Au, for 527 K Oz Ag, 37.5 K Oz Au. The process is expected to recover 73% and 83.5% of the silver and gold contained in the ore at an estimated cash cost of $9.09 and AISC $9.64 per AgEq Oz. The company has made a production decision subject to receiving an explosives permit and further clarity from the Zacatecas government regarding an exemption from the new Zacatecas state environmental tax.
- Torex Gold Resources Inc. announced a high-grade CIM compliant resource for the Sub-Sill deposit at its El Limon-Guajes property in Guerrero. Indicated resources include 0.35 M tonnes @ 7.82 g/t Au, 6 g/t Ag, 0.27% Cu, containing 89 K Oz Au, 71 K Oz Ag, and inferred resources include 1.33 M tonnes @ 7.58 g/t Au, 11.5 g/t Ag, 0.6% Cu, containing 324 K Oz Au, 490 K Oz Ag. Near term production is expected from the deposit, as the access ramp is now less than 170 m from the skarn rocks that host it.
- Corex Gold Corp. is continuing construction and mining activities at its Santana project in Sonora. To date over 23 K tonnes have been placed on the first leach pad, and metal leaching is expected to start later in April. A second leach pad will be supplied with finer crush material, with the results from the two heaps aiding to optimize the process.
- Golden Minerals Co. released a new resource estimate for its Santa Maria property in Chihuahua. “Due to an adjustment in the precise location of the claim, the updated property position results in an approximate 25 percent reduction to the previously announced inferred resource estimate…”. Indicated resources stand at 180 k tonnes @ 304 g/t Ag, 1.4 g/t Au, for 1.73 M Oz Ag, 8.1 K Oz Au, and inferred resources at 120 k tonnes @ 343 g/t Ag, 1.0 g/t Au, for 1.37 M Oz Ag, 1.64 K Oz Au, with an expected dilution of 10% and 19% respectively.
- First Majestic Silver Corp. disclosed mineral resource estimates for its six mining units in Mexico and one advanced project: La Encantada in Coahuila, La Parrilla in Durango, Del Toro in Zacatecas, San Martin in Jalisco, La Guitarra in Estado de Mexico, Santa Elena in Sonora, and La Joya in Durango, with the consolidated figures on the following table:
ON DEALS AND CORPORATE ISSUES
- Santacruz Silver Mining Ltd. announced the completion of the sale of its interest on the El Gachi property in Sonora, to First Majestic Silver Corp. for total consideration of US$2.5 M plus VAT. The company made payments to JMET LLC (US$0.75 M) and Minera Hochschild Mexico (US$0.5 M + VAT), leaving a non-interest balance of US$1.5 M owing to JMET related to previous restructuring fees. Having divested El Gachi to First Majestic and the San Felipe project to Americas Silver, the company is now to focus on its production assets, The Veta Grande project in Zacatecas and the Rosario project in San Luis Potosi.
- Golden Minerals Co. announced that Minera Hecla S.A. has exercised its right to extend the lease of Golden’s oxide mill in Durango, through December 2018. At HECLA’s anticipated average 400 tonnes per day production rate, Golden anticipates net cash of approximately $0.4 M per month.
Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.
On the picture below, A hydrothermal breccia hosted in intrusive rocks stands out in a stream polished face, located in the Soconusco region of Chiapas. Photo by Jorge Cirett.
TAMPA, Fla., March 10, 2017 (GLOBE NEWSWIRE) — Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a pioneer in the field of deep-ocean exploration, reports results for full year ended December 31, 2016.
- Generated $4.7 million in revenue from operations, compared to $3.4 million in revenue from operations in 2015, a 38% increase.
- Continued to actively manage costs, reducing operating expenses 43% from prior year
- Decreased net loss 65% from $18.2 million in 2015 to $6.3 million in 2016, with the net loss per share decreased from $2.46 in 2015 to $.84 per share in 2016.
- Launched CLIO Offshore, a division of Odyssey, which is focused on generating cash from the provision of services to the third-party clients including survey, remotely operated vehicle (ROV) and recovery services. This allows us to leverage our seasoned technical team and assets between major projects.
- Completed the first contract for offshore services for our shipwreck business partner using Odyssey technology and marine personnel, resulting in revenue of $2.9 million.
- Continued to support subsidiaries’ pursuit of environmental approval to begin recovery of phosphate sands from the Don Diego project and development of additional mineral projects.
The new CyPlus Idesa sodium cyanide production plant was officially opened with an inauguration ceremony in Coatzacoalcos (Veracruz, Mexico) in the presence of Dr. Klaus Engel, chairman of the executive board of Evonik Industries and Patricio Gutiérrez Fernandez, chairman of CyPlus Idesa.
CyPlus Idesa is a joint venture between German Evonik and Mexican Grupo IDESA.
The new sodium cyanide plant has a capacity of 40,000 metric tons and uses state-of-the-art hydrocyanic acid and cyanide technologies. Special attention was dedicated to the compliance of all environmental and safety regulations, ensuring that production of sodium cyanide complies with the provisions of the “International Cyanide Management Code” (ICMC).
Gold and silver mining operations use sodium cyanide to extract precious metals from the mineral. Mexico is the number one producer of silver in the world and ranks among the top 15 producers of gold worldwide.
“The new local production facility will make us an even better and more flexible supplier for our customers in the region. The facility represents another important step in the growth strategy of Evonik,” said Engel.
During the 4th week of the year (23rd to 29th January, 2017) at least 18 press releases were announced by companies working in Mexico, including one preliminary production report for 2016. ON EXPLORATION, four companies presented exploration updates. One company with mines in, Jalisco, Durango and Guanajuato, and advanced properties in Chihuahua, Jalisco and Zacatecas is to drill 64,000 meters in 2017. In Sonora trench sampling results were released from a lithium property. In Chihuahua results of a PIMA-XRD survey on a high sulfidation property were released. Underground samples returned high grade silver values on a vein system in Zacatecas. ON MINING, Avino Silver and Endeavour presented production guidance for 2017, and Fresnillo increased silver production during 2016. ON FINANCING, Four companies conducted financial operations, for a hefty total of $358.35 M, with the majority arising from Fortuna Silver and Alamos Gold bought deals. ON RESOURCES AND DEVELOPMENT, one company reported high grade step-outs on its Mexico State mine. In Chihuahua metallurgical results were presented for a silver property. In Durango a PFS was presented on one property, while a maiden resource was presented for another one. ON DEALS AND CORPORATE ISSUES, the last installment to earn an interest on a tailings property in Zacatecas was completed.
- Arian Silver Corp. released results from exploration at its La Africana property in Zacatecas. Consistent high grade results from underground sampling range 200 – 1,200 g/t Ag, with Pb and Zn credits. Sampling results include 2.4 m @ 445 g/t Ag, 0.28% Pb, 0.49% Zn; 4.97 m @ 260 g/t Ag, 0.2% Pb, 0.37% Zn; 3.45 m @ 184 g/t Ag, 0.65% Pb, 0.34% Zn; 4.46 m @ 178 g/t Ag, 0.33% Pb, 0.44% Zn; 3.35 m @ 198 g/t Ag, 0.67% Pb, 0.29% Zn; 4.95 m @ 319 g/t Ag, 0.71% Pb, 0.37% Zn.
- Alix Resources Corp. presented trench sampling results from the Agua Fria zone of the Elektra project in Sonora, which include 146.5 m @ 712 ppm Li, 2.6% K; 30 m @ 954 ppm Li, 2.1% K; 103.2 m @ 758 ppm Li, 2.3% K. Also metallurgical testing has commenced on Li enriched clays, with 24 trench samples sent for assessment. On the Agua Fria North zone, nine channel samples averaged 1,069 ppm Li, with a peak of 1,340 ppm Li.
- Endeavour Silver Corp. plans to drill 64,000 metres and spend $15.2 M on brownfield and greenfield exploration, development engineering and land payments on its properties. At El Compas in Zacatecas, a $3 M exploration budget includes 3,000 m of drilling and an 800 m long exploration adit. At Terronera in Jalisco, the $2.3 M budget is to cover 10,000 m of drilling to test other mineralized veins, complete the PFS and advance site infrastructure. At Parral $3.0 M are to drill 18,000 m to confirm a portion of the historical resource, testing multiple greenfields high-grade and bulk tonnage silver targets. A 5,000 m drill program will be conducted at Guadalupe y Calvo in Chihuahua.
- Mammoth Resources Corp. reported results from its PIMA-XRD surface program at its Tenoriba property in Chihuahua. According to the company, 202 samples were collected on 14 lines 1 – 2 km in length, separated 500 m of each other; the dickite, pyrophyllite and smectite signatures define some corridors with greater favorability to contain economic gold mineralization in the high sulphidation epithermal environment. Tighter line spacing is to follow in to the Carneritos and Moreno zones, and expansion of the survey to other targets.
- Avino Silver and Gold Mines Ltd. summarized 2016 operations, and provided guidance for 2017. At Avino and San Gonzalo mines 1.6 M Oz Ag, 7,119 Oz Au and 4.2 M Lb Cu were produced during 2016. Commercial production on the Avino mine commenced on April 1st , 2016, a new power line was completed and construction of a new tailings storage facility was initiated. For 2017 capital expenditures at the two mine sites is estimated USD$12.2 M, including a mill expansion, mining equipment, tailing storage facility and exploration.
- Endeavour Silver Corp. provided 2017 production and cost guidance for its Guanaceví (Durango), Bolañitos (Guanajuato) and El Cubo (Guanajuato) mines. At Guanaceví 1.0 – 1.2 K tonnes per day (tpd) will be processed, to produce 2.4– 2.6 M Oz Ag, 5.3 – 6.3 K Oz Au; at Bolañitos 1.0 – 1.1 tpd are to be processed to produce 0.9 -1.0 M Oz Ag, 21.5 – 22.5 K Oz Au; at El Cubo 1.3 – 1.5 K tpd will be processed to produce 1.9 -2.1 M Oz Ag, 50.0 – 53.0 K Oz Au. Cash cost is expected to be $6.50 – $7.50 per silver ounce, net of gold by-product credits, and AISC on the same basis is estimated to be $14 – $15 per silver ounce. Investments for $43.3 M are planned on capital projects, primarily for mine development (16.7 km) to access reserves and resources.
- Fresnillo PLC produced 50.3 M Oz Ag during 2016, a 7.1% increase year on year, and established a production goal of 58 – 61 M Oz Ag for 2017 from its six mines in Mexico. The increase in 2016 was supported by initial production from San Julian, in Chihuahua, and higher silver grades at Ciénega in Durango and Fresnillo in Zacatecas.
- Fortuna Silver Mines Inc. entered into a bought deal agreement to sell shares for total gross proceeds of US$65 M (San Jose, Oaxaca).
- Alix Resources Corp. arranged a non-brokered private placement for aggregate gross proceeds of $350 K (Elektra, Sonora).
- Alamos Gold Inc. announced it has entered into a bought deal agreement with a syndicate of underwriters led by TD Securities Inc., BMO Capital Markets and Macquarie Capital Markets Canada Ltd., which if carried in its entirety will accrue US$288 M aggregate gross proceeds (Mulatos, Sonora).
- Marlin Gold Ltd. informed that due to record free cash from its La Trinidad mine in Sinaloa, the company repaid US$5.5 M of principal one year early from its unsecured facility to affiliates of Wexford Capital LP., Marlin’s controlling shareholder. After the payment, Marlin cash and refined gold stands at $8.5 M.
ON RESOURCES AND DEVELOPMENT
- Impact Silver Corp. announced more high-grade drill results from San Ramon Deeps, in its Zacualpan operation in Mexico State. True width drill intercepts include 2.73 m @ 265 g/t Ag, ; 4.12 m @ 1,613 g/t Ag, 0.47 g/t Au, 0.5% Pb, 1.7% Zn; 11.08 m @ 248 g/t Ag, 0.13 g/t Au, 0.3% Pb, 0.9% Zn; 4.82 m @ 242 g/t Ag, 0.18 g/t Au, 0.4% Pb, 1.3% Zn; 2.15 m @ 282 g/t Ag, 0.14 g/t Au, 0.2% Pb, 1.4% Zn; 0.45 m @ 1,014 g/t Ag, 0.18 g/t Au, 0.2% Pb, 1.5% Zn; 1.48 m @ 655 g/t Ag, 1% Pb, 1.5% Zn; 0.58 m @ 1,185 g/t Ag, 0.14 g/t Au, 2.1% Pb, 2.5% Zn. The zone remains open up, down and to the north.
- Kootenay Silver Inc. reported results from preliminary metallurgical testing on its La Cigarra property in Chihuahua. The study indicates a marked improvement in silver recovery from 38% using standard leaching to 44% – 52% using a technique developed by SILVOX Technologies Inc. Some incomplete test suggest the process can achieve 54% – 58% silver recoveries.
- Telson Resources Inc. informed that a pre-feasibility study (PFS) technical report has been filed on its Tahuehueto project in Durango. The project envisages a 790 tpd overhand cut and fill mine, and a 550 tpd flotation plant to produce Pb, Cu and Zn concentrates during the 21 year mine life, with annual production averaging 16.1 K Oz Au, 177.1 K Oz Ag, 0.9 M Lb Cu, 3.2 M Lb Pb and 5.6 M Lb Zn. The current probable mineral reserves stand at 3.3 M tonnes @ 3.4 g/t Au, 41.8 g/t Ag, 0.31% Cu, 1.1% Pb, 2.0% Zn. The study portrays a post-tax net present value (NPV) of $77 M (using an 8% discount rate), and pre-production capital costs of $32.2 M.
- Golden Minerals Co. announced a NI-43-101 compliant maiden resource for its Rodeo property in Durango. Two resource estimates were prepared, one for mill processing comprising indicated open pit resources of 0.4 M tonnes (0.83 g/t AuEq cutoff) @ 3.3 g/t Au, 11 g/t Ag, for a total of 46 K Oz Au, 0.2 M Oz Ag, with expected recoveries of 77% Au, 90% Ag; and a second scenario with an open pit heap leach processing, bearing indicated resources of 3.6 M tonnes @ 0.8 g/t Au, 12 g/t Ag containing 94 K Oz Au, 1.4 M Oz Ag and inferred resources of 3.6 M tonnes @ 0.4 g/t Au, 11 g/t Ag, containing 47 K Oz Au, 1.3 M Oz Ag, with recoveries of 60% Au, 70% Ag.
ON DEALS AND CORPORATE ISSUES
- Mx Gold Corp. has paid remaining installments (totaling $2.5 M) earning a 50% participating ownership interest and 45% net profit participating interest in the Magistral del Oro tailings project in Durango. “The Project includes a fully permitted, 500 tonne-per-day dynamic cyanide countercurrent system plant constructed in 2013 at a cost of approximately $4.5 million, which appears to be in excellent condition.”
Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.
On the picture below, pyrite bearing metasediments, south of La Rumorosa, Baja California.
THUNDER BAY, ONTARIO–(Marketwired – Dec. 12, 2016) – Alset Energy Corp. (TSX VENTURE:ION) (“Alset” or “the Company”) is pleased to report that 2,043,000 options have been set for new members that have recently been added to the Board of Directors and management team as well as pre-existing members of the team. The options carry an exercise price of $0.13 and expire five years from the date of grant (December 12, 2021) and vest in accordance with the Company’s Stock Option Plan.
Allan Barry Laboucan, President and CEO of Alset Energy said: “Since I took over as the President and CEO, I’ve been able to add a few new members to our team and had outstanding support from the team that was in place before I arrived. We are spreading the options around to new members of our team and all those that have been instrumental in helping me transition into my position. It is important to me that our team and shareholders goals are aligned and we have these options to put out to our team that are working hard for all Alset shareholders.”
Vancouver, British Columbia (FSCwire) – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased to announce that it has formed a new subsidiary, Upcycle Metals Corp. (“Upcycle”). The goal of Upcycle is to establish a plan of action towards the development of a global recycling operation aimed at retrieving battery metals and materials used in Lithium-ion batteries.
A typical Lithium-ion battery contains about 27.5% LiCoO2, 24.5% steel/Ni, 14.5% Cu/Al, 16% carbon, 3.5% electrolyte and 14% polymer. The goal of the new venture will be to acquire spent Lithium-ion batteries and then extract from them the lithium, cobalt, manganese, aluminum and copper for reuse, utilizing an existing technology. Additionally this activity will provide an audit trail for recycled cobalt, which is currently categorized as a Conflict Mineral.
CALGARY, ALBERTA–(Marketwired – Oct. 5, 2016) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX VENTURE:BCN)(AIM:BCN), the Canadian and London listed lithium exploration and development company focused on Mexico, is pleased to provide an update regarding the operational progress made at the Sonora Lithium Project in Mexico (“Sonora” or the “Project”). A Feasibility Study (“FS”) at the Project, led by its experienced lithium team, is on track to be delivered in late Q1 2017 in line with Bacanora’s strategy to independently develop Sonora into a world class lithium carbonate operation, with previously announced attractive production economics.
La empresa canadiense realizará un proyecto de lixiviación de la pirita (PLP), un método hidrometalúrgico de extracción, en su mina de Zacatecas para aumentar la producción de oro y plata.
La inversión a realizar será de 420 millones de dólares durante los siguientes 3 años.
La ejecución del proyecto dará inicio en agosto de 2016, con una inversión estimada para el resto del año de 40 millones de dólares. Durante 2017 y 2018, se destinarán al proyecto 270 y 110 millones de dólares, respectivamente, detalló la minera en su reporte del segundo trimestre.
México.- El sector minero de Sonora pronto entrará en una nueva revolución productiva, a partir de la extracción de enormes volúmenes de Litio, mineral que ahora está en auge, pues existe una alta demanda del mismo para utilizarlo en baterías para todo tipo de aparatos electrónicos, desde celulares y computadoras, hasta los nuevos autos eléctricos.
Se descubrió que la región centro norte del estado es rica en ese metal considerado hasta hace poco como “tierras raras”, poco productivo y hasta como desperdicio, pero que en estos momentos cotiza en niveles de hasta 13 mil dólares por tonelada.