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gitreal

04/16/25 11:50 PM

#173256 RE: Milo2 #173255

Yes, that's the bull's thesis. But when the company trots out stupid stuff like REE and lithium(!!?), who can take them seriously?

Lithium is primarily sourced from brines and hard rock deposits. Brines, found in salt lakes, are a common source, often yielding lower-grade lithium, while hard rock mining, which involves geological surveys and drilling, generally results in higher-grade lithium. Lithium-bearing minerals, such as spodumene, petalite, lepidolite, and amblygonite, are extracted from pegmatites.
Here's a more detailed breakdown:
1. Brines:
Salt lakes:
Salars, or salt lakes, in South America (Chile, Argentina, Bolivia) are major sources of lithium, where it is extracted from the brines.
Subsurface brines:
Underground brines trapped in the Earth's crust are also a source of lithium carbonate.
Oilfield and geothermal brines:
Extraction from these brines has been demonstrated and may become increasingly important in the future.
2. Hard Rock Deposits:
Pegmatites: These granitic rocks, enriched with rare metals, are a source of lithium.
Spodumene and Petalite: These are the most commercially viable lithium-bearing minerals found in pegmatites.
Hectorite and Jadarite: These minerals, found in sedimentary basins, may become important future sources of lithium.



Does LBSR have any salt lakes on their claims? Documented brine occurrences? Lithium pegmatite occurrences? Sediments with lithium rich clays?

Nope, nope, nope and nope. So why do they insist on touting a commodity that they don't have? Because they're picking things that are in the news headlines?