Technology

Alix Announces Creation of Subsidiary Upcycle Metals For Recycling Lithium-Ion Batteries

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http://www.fscwire.com/newsrelease/alix-announces-creation-subsidiary-upcycle-metals-recycling-lithium-ion-batteries

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.

 

Bacanora Provides Operations Update

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http://www.stockhouse.com/news/press-releases/2016/10/05/bacanora-provides-operations-update

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.

Goldcorp Invertirá 420 Millones de Dólares en la Mina Peñasquito

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http://expansion.mx/empresas/2016/07/31/goldcorp-invertira-420-millones-de-dolares-en-la-mina-penasquito

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.

Producción de Litio revolucionará minería en Sonora

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http://www.uniradionoticias.com/noticias/reportajesespeciales/424170/produccion-de-litio-revolucionara-mineria-en-sonora.html

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.

Alix and Lithium Australia Announces Definitive Agreement, Work Program Commencing On the Electra Lithium Project and Alix Interest in Developing Lithium Extraction Technology

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http://www.fscwire.com/newsrelease/alix-and-lithium-australia-announces-definitive-agreement-work-program-commencing

Vancouver, British Columbia (FSCwire) – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) and Lithium Australia NL (“LIT”)(LIT-ASX) are pleased to announce significant progress related to the joint exploration and development on the Electra Project, Sonora, Mexico, including:

 

  • Signing of a definitive agreement between AIX and LIT to explore and develop the Electra project whereby LIT will earn a 49% interest in the Electra project through the issuance to AIX of 1,000,000 fully paid ordinary LIT shares. 1,000,0000 partly paid LIT contributing shares paid to 0.001 Australian cent each (24.99 Australian cents unpaid), and expenditures of $400,000. LIT has a further option to increase its interest in the Electra project to 65% through the issuance to AIX of 1,500,000 fully paid ordinary LIT shares, expenditures of $1,500,000 and a cash payment of $250,000;

 

  • An exploration budget for the Electra project has been approved by LIT, securing the financing for the upcoming Phase 1 Electra work program, with work to begin in early May;

 

  • Also included in the definitive agreement is the right for AIX to be granted a 10% interest in any novel lithium extraction technologies (“LET”) used or developed in relation to the Project properties (Tecolote and Tule Concessions) and/or the Sonora Project currently owned by Bacanora Minerals Ltd. and REM, whether patented or not patented.

 

Bacanora Announces Interim Results for Six Months Ended December 31, 2015

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http://www.canadianminingjournal.com/press-releases/story/?id=1003768378

CALGARY, ALBERTA–(Marketwired – Feb. 29, 2016) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX VENTURE:BCN) (AIM:BCN), the London and Canadian listed lithium company that is developing the Sonora Lithium Project in northern Mexico, is pleased to provide its unaudited condensed consolidated interim results for the 6 month period ended 31 December 2015.

Promontorio Project Update

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Click to access 160224-Promontorio-Drilling-to-Commence.pdf

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to advise that drilling at the Company’s Promontorio Project is scheduled to start next month following the identification of key exploration targets by Kennecott Exploration Mexico S.A. de C.V (“Kennecott”), which has an option to earn up to an 80% interest in the project.

Alix Signs Agreement with Lithium Australia to Advance Electra Lithium Project Adjoining Bacanora’s “Sonora Lithium Project” Located in Sonora, Mexico

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http://www.canadianminingjournal.com/press-releases/story/?id=1003759367

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 9, 2016) – ALIX RESOURCES CORP. (“Alix” or the “Company”) (TSX VENTURE:AIX)(FRANKFURT:37N) announces the signing of an option agreement with Lithium Australia NL (“LIT”) (ASX:LIT) to jointly explore and develop the Electra lithium project in Sonora, Mexico. Agreement terms are set out below. Alix and LIT will also work to define a percentage interest whereby Alix will share an interest in successful lithium extraction from clay technology patents arising from the joint efforts in Mexico. This transaction is subject to regulatory approvals.

Bacanora Announces Consultancy Agreement and Option Grant

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/924-tsx-venture/bcn/15860-bacanora-announces-consultancy-agreement-and-option-grant.html#.VqKzneTrvIU

CALGARY, ALBERTA–(Marketwired – Jan. 22, 2016) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX VENTURE:BCN)(AIM:BCN) is pleased to announce the entering into of a consultancy agreement in respect of the liason with and procurement of potential purchasers for the Company’s lithium products. The agreement is with a private company that is controlled by Mark Hohnen, who is a proposed nominee for election to the Board of Bacanora whose approval as a director remains subject to final regulatory approval.

Excellon Provides Update on Progress of Platosa Optimization Plan

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http://www.excellonresources.com/index.php/investors/news/2016/164-excellon-provides-update-on-progress-of-platosa-optimization-plan

Toronto, Ontario – January 15, 2016 – Excellon Resources Inc. (TSX:EXN; OTC:EXLLF) (“Excellon” or the “Company”), Mexico’s highest grade silver producer, is pleased to provide an update on implementation of the Company’s optimization plan (the “Optimization Plan”) for the Platosa Mine in Durango, Mexico. The Optimization Plan outlines a simplified dewatering solution for the Platosa Mine, as described in the technical report prepared by Roscoe Postle & Associates Inc. dated July 9, 2015 (the “Technical Report”), summarized in the Company’s press releases dated June 2, 2015 and November 2, 2015.