PB1-R-25 yielded an average of 1,117 mg/L Lithium, 11,319 mg/L K, Mg/Li=1.59 and SO4/Li=0.1 over 178 m from 87 to 265m depth This drill result validates additional high-grade lithium brine below the area where the resource and reserve was defined in the PFS to only 10 metres in depth TORONTO, Jun...Read More
The new drill hole in the high-grade zone yielded 137.6m with 1,128 mg/l Li extending the high-grade zone depth from 100m to 160mLong-term pump test at 80 m3/h for 20 days provided stable lithium production TORONTO, April 08, 2019 (GLOBE NEWSWIRE) -- Neo Lithium Corp. (“Neo Lithiumȁ...Read More
A $1.14 billion after-tax NPV with 8% discount rate and a 50% IRR at an average price $11,882/t LCESignificant cash flows generation over a 35-year life of mine drive a rapid payback of 1 year and 8 months provide a variety of financing alternativesMaiden Proven and Probable Reserves of 1.3Mt of LC...Read More
TORONTO, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Neo Lithium Corp. (“Neo Lithium” or the “Company”) (TSXV: NLC; OTCQX: NTTHF; FSE: NE2) is pleased to announce that the lithium carbonate pilot plant (“Plant”) built by the Instituto de Investigaciones Tecnologica...Read More
Lithium carbonate pilot plant has been delivered to the siteHigh grade zone drilling startedPre Feasibility Study on schedule to be completed in Q1 2019Strategic partnership discussions with multiple interested parties advance TORONTO, Jan. 14, 2019 (GLOBE NEWSWIRE) -- Neo Lithium Corp. (“...Read More
In a recent article I opined that over the medium-to-longer term, solar evaporation ponds used for lithium brine extraction / processing might become a thing of the past. That's because future projects might not need ponds, as one or more new lithium brine extraction / processing technologies will...Read More
Pre-feasibility study expected by Q1 2019Lithium carbonate pilot plant built and has commenced operationEnvironmental Impact Assessment to be submitted to authorities in Q1 2019, which, once approved, represents the final approval allowing for mine construction TORONTO, Nov. 26, 2018 (GLOBE...Read More
Comprehensive environmental baseline study concludes: (i) minimal impact on brine levels even at extraction scenarios of 60,000 tonnes of lithium carbonate per year; and (ii) no material environmental issues from proposed production activity at the projectEBS submitted to the Catamarca Province aut...Read More
TORONTO, Sept. 04, 2018 (GLOBE NEWSWIRE) -- Neo Lithium Corp. (“Neo Lithium” or the “Company”) (TSXV: NLC; OTCQX:NTTHF; FSE:NE2) is pleased to announce that, further to its news release dated July 19, 2018, the Company has filed a National Instrument 43-101 (...Read More
Brine hydrogeological numerical model completedCompletion of first production well, yielding a notable 90 litres of high grade lithium brine per second from 100 metres depthSignificant progress in the environmental permits, including full environmental baseline study finalized and all documentation...Read More
VANCOUVER, July 19, 2018 /CNW/ - The following issues have been halted by IIROC: Company: Neo Lithium Corp. TSX-Venture Symbol: NLC Reason: At the Request of the Company Pending News Halt Time (ET): 8:55 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in...Read More
Resource upgrade confirms the 3Q Project as one of the largest and highest-grade lithium brine deposits in the world Significant high-grade resource estimate at 400 mg/L Lithium cut-off: • Measured and indicated (M&I) resource estimate of 4,005,000 tonnes of lith...Read More
VANCOUVER, July 19, 2018 /CNW/ - Trading resumes in: Company: Neo Lithium Corp. TSX-Venture Symbol: NLC Resumption (ET): 12:00 PM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a...Read More
Highest grade intercept ever over 99.5 metres with an average of 1,407 mg/L Lithium and 10,562 mg/L potassiumAverage grade of all drill samples is 14% higher than the initial season’s resultsDeep aquifer drilled to 647 metres and still open at depth TORONTO, June 18, 2018 (GLOBE NEWSWIR...Read More
The Company expanded the pond string from 3 to 9 ponds, now covering 1.4 ha in totalEngineering firm Hatch hired to complete the engineering of calcium removalDeep aquifer now intercepted in 5 holes along the entire 3Q Project - potential to positively impact already large resource at the 3Q Projec...Read More
Drilling confirms newly discovered deep aquifer at its wholly owned 3Q Project, opening a new significant frontier of exploration at the 3Q ProjectNew drill hole intercepted 512m with average 638mg/L Lithium, including 38.5m with 730mg/L Lithium of the newly discovered deep aquifer TORONTO, Mar...Read More
Processing studies at the project have achieved concentration levels of 3.8% lithium brine solely through solar evaporation - no costly additives were required, plus calcium chloride precipitates through crystallization and in the process captures water molecules within the crystals - both of th...Read More
TORONTO, ON--(Marketwired - January 16, 2018) - Neo Lithium Corp. ("Neo Lithium" or the "Company") (TSX VENTURE: NLC) (OTCQX: NTTHF) provides a recap of the main milestones achieved in 2017 that have rapidly advanced the 3Q Project:Over US$15M invested in the 3Q ProjectCompl...Read More
TORONTO, ON--(Marketwired - January 08, 2018) - Neo Lithium Corp. (TSX VENTURE: NLC) (OTCQX: NTTHF)The addition of a COO and expansion of the engineering team allows the Company to rapidly advance the 3Q Project's feasibility study work with a goal of becoming the next large lithium produc...Read More
VANCOUVER, Dec. 13, 2017 /CNW/ - The following issues have been halted by IIROC: Company: Neo Lithium Corp. TSX-Venture Symbol: NLC Reason: At the Request of the Company Pending News Halt Time (ET): 12:25 PM IIROC can make a decision to impose a temporary suspension (halt) of trading i...Read More