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What Does a Good Lithium Assay Look Like?What does a good lithium assay look like? We reached out to Catherine Hickson, world renowned volcanologist and director of Dajin Resources, to get some insight.
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Teresa Matich • May 24, 2016
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With all of the excitement going on in the lithium sector, it can be difficult for investors to know what to look for. Take assay results from lithium exploration projects, for example. What does a good lithium assay look like?
With all of the lithium juniors staking claims in Nevada’s Clayton Valley and beyond, investors interested in early stage lithium explorers will need to know their stuff in order to accurately assess all of the options available.
To get a bit more insight into that subject, the Investing News Network reached out to Catherine Hickson, world renowned volcanologist and director of Dajin Resources (TSXV:DJI,OTCMKTS:DJIFF), for her thoughts. With her permission, we’re sharing the key points from her emailed note here. Not surprisingly, the quality of a lithium assay depends on a number of different factors, including the type of deposit and its location.
Lithium in 2018Your free report includes:Expert commentaryStocks to buyMarket forecastsGive me my free report!
The points below pertain mainly to brine and clay based lithium deposits. Hard-rock spodumene deposits must be considered differently.
Assessing lithium brine and clay assays
First, Hickson wrote about sediment samples:
It actually depends on the area and whether we are talking about brines or sediment samples. Many high numbers (i.e., > 400 ppm) are common in sediment samples from the playas in Nevada. Mostly this is Li that is bound up in hectorite and other types of clay and evaporitic minerals.
These types of minerals have proven difficult from an extraction perspective (see for example the work of Western Lithium (now Lithium Americas (TSX:LAC)) on their King’s Valley property. These lithium rich clays do have other uses, such as “muds” in drilling applications such as oil wells.
For brine resources, assay numbers will also depend on the location of the deposit:
In terms of brines, in Nevada values above 100 ppm would be very encouraging, and numbers in the 400 ppm would be very good. For Argentina you would like to see numbers above 400 ppm.
Some of the new extraction technologies claim to be able to be able to profitably extract lithium from brines with as little as 20 ppm lithium (see for example Pure Energy’s (TSXV:PE) 43-101 from last year). So I guess if this is true anything above 20 ppm would be a winner – but I remain somewhat skeptical.
Finally, Hickson pointed out that high numbers are not the be-all, end-all when it comes to lithium assays. The make-up of the deposit is important as well:
One thing that is important to consider is the actual brine chemistry. For example, if a brine is high in magnesium it is both costly and a challenge to create a high purity final product.
The Salar de Uyuni in Bolivia, for example, has very high lithium values in the brines but also has proven a challenge to purify cost effectively. The same is true with some of the brines from Utah (i.e., the Great Salt Lake and other places). They have high lithium values, but also high magnesium. So…it is not just about the numbers!
Certainly, there’s plenty to consider when looking at exploration results from junior lithium companies. Whether it’s a lithium junior that has just entered the space, or one that is at a more advanced stage, investors should have a strong grasp of the company’s project and how to assess drilling and exploration results.
Lithium companies
To get an idea of some of the companies operating in the lithium space right now, start by checking out:
Our list of 17 lithium projects with resource estimatesThis overview of companies with projects in Nevada’s Clayton ValleyThis list of the world’s top lithium producers
Don’t forget to follow us @INN_Resource for real-time news updates!
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Securities Disclosure: I, Teresa Matich, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Dajin Resources is a client of the Investing News Network. This article is part of the company’s paid advertising campaign.
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2018) - Spearmint Resources Inc. (TSXV: SRJ) (OTC Pink: SPMTF) (FSE: A2AHL5) ("SRJ" or the "Company") is pleased to announce that the first phase of exploration drilling has been completed on its Clayton Valley Lithium Prospect and has intersected lithium as high as 1,670 ppm Li. The three holes drilled into the clay formation all intersected lithium. Hole 1 had a range of 1670-396 ppm Li over 270 feet averaging 835 ppm Li, including 35 feet averaging 1,140 ppm Li. Hole 2 had a range of 1570-250 ppm Li averaging 642 ppm Li over 220 feet including 20 feet of 925 ppm Li. Hole 3 had a range of 1280-429 ppm Li averaging 772 ppm Li over 195 feet including 998 ppm Li over 20 feet.
Clayton Valley Ownership Map
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James Nelson, President of Spearmint states, "We are very pleased to have achieved strong lithium numbers on our first drill program. We are now planning a follow up work program to build on this project and to try and step out to build on the potential resource. This project is located in the Clayton Valley, home of the largest Lithium production in the USA and bordering Pure Energy Minerals Ltd who have a lithium supply agreement with Tesla. Lithium demand is extremely strong right now on the backs of the global explosion in the Electric Vehicle industry. We are very optimistic about what this project could mean to the future of Spearmint and eagerly look forward to what will transpire."
Spearmint's current projects include a portfolio of lithium prospects. The 'Clayton Valley Lithium Prospects' in Nevada comprise of two claim blocks totalling 800-acres bordering Pure Energy Minerals & Cypress Development Corp. Spearmint also has two lithium projects in Quebec, including the 4,485-acre 'Pressiac Lithium Prospect' and the 2,636-acre 'Whabouchi Lakes West Lithium Prospect' in the vicinity of Nemaska Lithium Inc. & Critical Elements Corp.
Spearmint's 'Chibougamau Vanadium Prospects' comprise of four separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal's (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. and Vanadium One Energy Corp.
Spearmint's current projects also include three areas of focus on gold in British Columbia; the 'Golden Triangle Gold Prospects' comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp, the 'Gold Mountain Prospects' comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines, and the 3,052 acre 'Neba Prospect' bordering Aben Resources Ltd. Spearmint's 8,482 acre 'EL North' Nickel-Copper Prospect is a contiguous land package that includes the 'EL North, EL North 2 and the BUDDY claims' in the Eskay Creek Camp bordering Garibaldi Resources Corp. Spearmint's 1,500 acre 'WHY WEST' Magnesium project near Rossland, BC directly borders West High Yield Resources.
Frank Bain, PGeo and qualified technical person has reviewed this news release and approved the content.
If you would like to be added to Spearmint's news distribution list, please send your email address to info@spearmintresources.ca.
Contact Information
Tel: 1604646-6903
www.spearmintresources.ca
"James Nelson"
President
Spearmint Resources Inc.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
copyright (c) newsfile corp. 2018
C
Reliq Health Technologies Inc (RHT - TSXV)
VANCOUVER, British Columbia, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT) or (OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on creating innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has begun onboarding diabetes patients for its Remote Patient Care pilot with Sioux Lookout Meno Ya Wen Health Centre in Sioux Lookout, ON. The pilot project is funded by Ontario’s Health Technologies Fund (HTF).
“We are very pleased to partner with Sioux Lookout Meno Ya Wen Health Centre (SLMHC) to address the healthcare challenge of poor access to care for diabetes patients living in remote and rural communities. With the use of our low-touch, high-tech iUGO Care solution, ‘virtual care’ can be provided to diabetes patients in their own communities throughout Northwestern Ontario,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Our platform supports remote patient monitoring and secure virtual communications, allowing clinicians to identify patients whose condition is becoming unstable and intervene early, before a serious complication develops. Sioux Lookout Meno Ya Wen Health Centre provides healthcare to patients across an area of Northwestern Ontario that is the size of France. Their commitment to delivering high quality care to patients in even the most remote communities in this area is inspiring, and we are honoured to be part of this important initiative.”
Sioux Lookout Meno Ya Wen Health Centre (www.slmhc.on.ca) in Sioux Lookout, Ontario provides health services to all residents in a large area of Northwestern Ontario that includes four municipalities and 28 First Nations communities, including the Nishnawbe-Aski communities north of Sioux Lookout, the Treaty #3 community of Lac Seul First Nation, Hudson, Pickle Lake and Savant Lake.
This pilot project is one of 15 that received funding in the first round of Ontario’s $20-million Health Technology Fund. The fund is administered by Ontario Centres of Excellence (OCE) on behalf of the Office of the Chief Health Innovation Strategist (OCHIS), and is a part of the OCHIS mandate to strengthen Ontario’s health innovation ecosystem. For more information please visit http://www.oce-ontario.org/programs/commercialization-programs/health-technologies-fund.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
For further information contact:
Renmark Financial Communications Inc.
Laura Welsh: lwelsh@renmarkfinancial.com
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
or CORE Capital Partners at 604-566-9233 or investors@ccpartnersinc.com
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.
Reliq Health Technologies Inc (RHT - TSXV)
VANCOUVER, British Columbia, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT) or (OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on creating innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has begun onboarding diabetes patients for its Remote Patient Care pilot with Sioux Lookout Meno Ya Wen Health Centre in Sioux Lookout, ON. The pilot project is funded by Ontario’s Health Technologies Fund (HTF).
“We are very pleased to partner with Sioux Lookout Meno Ya Wen Health Centre (SLMHC) to address the healthcare challenge of poor access to care for diabetes patients living in remote and rural communities. With the use of our low-touch, high-tech iUGO Care solution, ‘virtual care’ can be provided to diabetes patients in their own communities throughout Northwestern Ontario,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Our platform supports remote patient monitoring and secure virtual communications, allowing clinicians to identify patients whose condition is becoming unstable and intervene early, before a serious complication develops. Sioux Lookout Meno Ya Wen Health Centre provides healthcare to patients across an area of Northwestern Ontario that is the size of France. Their commitment to delivering high quality care to patients in even the most remote communities in this area is inspiring, and we are honoured to be part of this important initiative.”
Sioux Lookout Meno Ya Wen Health Centre (www.slmhc.on.ca) in Sioux Lookout, Ontario provides health services to all residents in a large area of Northwestern Ontario that includes four municipalities and 28 First Nations communities, including the Nishnawbe-Aski communities north of Sioux Lookout, the Treaty #3 community of Lac Seul First Nation, Hudson, Pickle Lake and Savant Lake.
This pilot project is one of 15 that received funding in the first round of Ontario’s $20-million Health Technology Fund. The fund is administered by Ontario Centres of Excellence (OCE) on behalf of the Office of the Chief Health Innovation Strategist (OCHIS), and is a part of the OCHIS mandate to strengthen Ontario’s health innovation ecosystem. For more information please visit http://www.oce-ontario.org/programs/commercialization-programs/health-technologies-fund.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
For further information contact:
Renmark Financial Communications Inc.
Laura Welsh: lwelsh@renmarkfinancial.com
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
or CORE Capital Partners at 604-566-9233 or investors@ccpartnersinc.com
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.
Reliq Health Technologies Inc (RHT - TSXV)
VANCOUVER, British Columbia, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT) or (OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on creating innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has begun onboarding diabetes patients for its Remote Patient Care pilot with Sioux Lookout Meno Ya Wen Health Centre in Sioux Lookout, ON. The pilot project is funded by Ontario’s Health Technologies Fund (HTF).
“We are very pleased to partner with Sioux Lookout Meno Ya Wen Health Centre (SLMHC) to address the healthcare challenge of poor access to care for diabetes patients living in remote and rural communities. With the use of our low-touch, high-tech iUGO Care solution, ‘virtual care’ can be provided to diabetes patients in their own communities throughout Northwestern Ontario,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Our platform supports remote patient monitoring and secure virtual communications, allowing clinicians to identify patients whose condition is becoming unstable and intervene early, before a serious complication develops. Sioux Lookout Meno Ya Wen Health Centre provides healthcare to patients across an area of Northwestern Ontario that is the size of France. Their commitment to delivering high quality care to patients in even the most remote communities in this area is inspiring, and we are honoured to be part of this important initiative.”
Sioux Lookout Meno Ya Wen Health Centre (www.slmhc.on.ca) in Sioux Lookout, Ontario provides health services to all residents in a large area of Northwestern Ontario that includes four municipalities and 28 First Nations communities, including the Nishnawbe-Aski communities north of Sioux Lookout, the Treaty #3 community of Lac Seul First Nation, Hudson, Pickle Lake and Savant Lake.
This pilot project is one of 15 that received funding in the first round of Ontario’s $20-million Health Technology Fund. The fund is administered by Ontario Centres of Excellence (OCE) on behalf of the Office of the Chief Health Innovation Strategist (OCHIS), and is a part of the OCHIS mandate to strengthen Ontario’s health innovation ecosystem. For more information please visit http://www.oce-ontario.org/programs/commercialization-programs/health-technologies-fund.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
For further information contact:
Renmark Financial Communications Inc.
Laura Welsh: lwelsh@renmarkfinancial.com
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
or CORE Capital Partners at 604-566-9233 or investors@ccpartnersinc.com
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.
Reliq Health Technologies Inc (RHT - TSXV)
VANCOUVER, British Columbia, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT) or (OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on creating innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has begun onboarding diabetes patients for its Remote Patient Care pilot with Sioux Lookout Meno Ya Wen Health Centre in Sioux Lookout, ON. The pilot project is funded by Ontario’s Health Technologies Fund (HTF).
“We are very pleased to partner with Sioux Lookout Meno Ya Wen Health Centre (SLMHC) to address the healthcare challenge of poor access to care for diabetes patients living in remote and rural communities. With the use of our low-touch, high-tech iUGO Care solution, ‘virtual care’ can be provided to diabetes patients in their own communities throughout Northwestern Ontario,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Our platform supports remote patient monitoring and secure virtual communications, allowing clinicians to identify patients whose condition is becoming unstable and intervene early, before a serious complication develops. Sioux Lookout Meno Ya Wen Health Centre provides healthcare to patients across an area of Northwestern Ontario that is the size of France. Their commitment to delivering high quality care to patients in even the most remote communities in this area is inspiring, and we are honoured to be part of this important initiative.”
Sioux Lookout Meno Ya Wen Health Centre (www.slmhc.on.ca) in Sioux Lookout, Ontario provides health services to all residents in a large area of Northwestern Ontario that includes four municipalities and 28 First Nations communities, including the Nishnawbe-Aski communities north of Sioux Lookout, the Treaty #3 community of Lac Seul First Nation, Hudson, Pickle Lake and Savant Lake.
This pilot project is one of 15 that received funding in the first round of Ontario’s $20-million Health Technology Fund. The fund is administered by Ontario Centres of Excellence (OCE) on behalf of the Office of the Chief Health Innovation Strategist (OCHIS), and is a part of the OCHIS mandate to strengthen Ontario’s health innovation ecosystem. For more information please visit http://www.oce-ontario.org/programs/commercialization-programs/health-technologies-fund.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
For further information contact:
Renmark Financial Communications Inc.
Laura Welsh: lwelsh@renmarkfinancial.com
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
or CORE Capital Partners at 604-566-9233 or investors@ccpartnersinc.com
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.
News Out: RHT enrolled 6000 patients out of existing 49000 and already achieved PROFITABILITY!!!
https://web.tmxmoney.com/article.php?newsid=6717924708224185&qm_symbol=RHT
I do have the patience to wait. Hope many do!
The potential is just so huge here. Got in around August; still in 100%!