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Wednesday, April 18, 2018 1:06:46 PM
The following excerpt from a PR released on April 5th discusses Lithium Nevada's progress in the claystone extraction process, which is on track (PFS coming, as Jet has repeatedly reported):
Lithium Nevada is advancing a PFS, which is being prepared pursuant to NI 43-101, in order to demonstrate the economic potential of producing high-value lithium products from claystone. The Company has successfully completed process test work to validate a conceptual process flowsheet. The process employs low-risk commercially-proven acid leaching, purification and crystallization technologies to efficiently produce lithium products for the battery industry. Lithium Nevada is advancing the engineering design and costing work and is on track to provide the results of the PFS on schedule by the end Q2 2018.
Lithium Nevada Project Timeline
Q2 2018 – advance additional baseline environmental surveyQ2 2018 – release results of PFSH2 2018 – initiate major mine plan permittingH2 2018 – commence detailed engineering
Go LAC longggg!!!
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