Global Battery Metals Ltd: Global Battery to Commence Ground Gravity and Ground Magnetics Surveys
Company or
GBML ) is pleased to announce that it has signed a contract to initiate ground gravity and ground magnetics data collection at its Lithium King Property in Utah. Quantec Geoscience Ltd., a Canadian company based in Toronto, has been engaged to complete the work. Crews are expected in the field this week, with the work expected to take approximately two weeks.
Michael Murphy, President and CEO, commented: We are very excited to begin work on our 7,900 acre Lithium King Property in Utah. The results from this program will help shape a drill program slated to begin this summer and targeting lithium brines within the Pilot Valley Basin. With lithium prices continuing to increase as a result of a continued push for a greener economy, GBML is well positioned to benefit from our portfolio of battery metals projects.
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Vancouver, British Columbia–(Newsfile Corp. – May 3, 2021) – Global Battery Metals Ltd. (TSXV: GBML) (FSE: REZ) (OTCQB: REZZF) (the “
Company” or “
GBML“) is pleased to announce the voting results from the annual and special meeting of the Company’s shareholders (the “
Shareholders“) held on April 30, 2021 (the “
Meeting“).
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All matters put forward before the Shareholders at the Meeting for consideration and approval, including the ratification and approval of the mining option and royalty agreement dated July 21, 2020, with Minsur, S.A. as related to the Lara copper property in Peru, as set out in the Company’s Management Information Circular dated March 11, 2021, were approved.
Lara Exploration Ltd.: Lara Exploration Announces Positive Preliminary Metallurgical Test Work for the Planalto Project in Brazil
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The test work conducted by Blue Coast included studies on chalcopyrite liberation, rougher and cleaner flotation and comminution, QEMSCAN mineralogy studies and some trialing of gravity concentration on the final copper concentrate to see if a commercial grade gold-copper concentrate could be attained.
Mineralogical analysis showed chalcopyrite liberation to be 71-73 % at 80% passing 75 microns, whereas with the coarser grind of 106 microns, the liberation was only 55%. A portion of the chalcopyrite has been shown to occur as fine-grained disseminations enclosed in silicate minerals and as such not readily liberated. A total of eight flotation tests were trialed, using different primary grind sizes and different frothing and collector agents to determine the best flow sheet to achieve an optimum copper grade and recoveries into the rougher concentrat
Lara Exploration Announces Positive Preliminary Metallurgical Test thewhig.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewhig.com Daily Mail and Mail on Sunday newspapers.
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Hochschild has the option to purchase the Corina Project from Lara by making staged cash payments totalling US$4,150,000 of which US$650,000 has been paid to date, with the next installment of US$1,000,000 due in July 2021. Hochschild also has the obligation to pay a 2% net smelter return royalty on any production (see Company news release of June 23, 2014 for details).
Drilling Data, QAQC and Qualified Person
Drilling is being supervised by Hochschild’s brownfields technical team, based at the Pallancata Mine. The Q1-2021 drill holes reported here generated 399 core samples, which were submitted for analysis at Hochschild’s internal laboratory at the Selene Plant nearby, along with a total of 87 QAQC reference samples (blanks, standards and duplicates).