AdrianZen

Bacanora Lithium

OTC:BCLMF   None
I'm starting to keep an eye on this one. More analysis needed. Just basically saving it as a prospect.

www.mining-technolog...ggest-lithium-mines/

The Sonora lithium project, located in Sonora, Mexico, is the biggest lithium deposit being developed by Sonora Lithium (SLL), a joint venture (JV) of Bacanora Minerals (77.5%) and Ganfeng Lithium (22.5%).

The mine is estimated to hold proven and probable reserves of 243.8Mt, containing 4.5Mt of lithium carbonate-equivalent (LCE). The bankable feasibility study for the La Ventana concession, which will account for 88% of the mined ore from the project, has been completed that estimates an initial mine life of 19 years.

Sonora will be an open-pit operation proposed to be developed in two stages with the first stage having a production capacity of 17,500 tonnes per annum (tpa) of lithium carbonate. Stage two will double the production capacity to 35,000tpa.
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