Industrial Minerals


Canada Lithium mineral resource estimate slashed by over 35%

17 May 2011

by Jack Elliott

Construction capital costs unchanged; group eyes first sales in Q1 2013

Keywords: Canda Lithium, lithium, spudumene, batteries, lithium carbonate

Canada Lithium Corp. has received a revised measured and indicated mineral estimate totalling 29.2m. tonnes grading 1.19% Li2O for its Quebec Lithium Project near Val d’Or in Canada.

The revised estimate, completed by AMC Mining Consultants (Canada) Ltd., showed over a 35% decrease on the company’s October 2010 estimate of 46.6m. tonnes, which formed the basis of a feasibility...