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Snow Lake, DRA and Steinert investigate ore sorting at lithium project

Snow Lake, DRA and Steinert investigate ore sorting at lithium project 150 150 Snow Lake Resources

Find Original Here –> https://im-mining.com/2019/11/12/snow-lake-dra-and-steinert-investigate-ore-sorting-at-lithium-project/ 

 

International Mining

Snow Lake Resources is the latest company to eye up ore sorting to reduce costs and increase productivity, with the exploration company asking DRA Global to come up with an effective strategy for its Thompson Brothers lithium project, in Manitoba, Canada.

Brent Hilscher of DRA will be in charge of this ore sorting project, examining the best laser or X-ray method to help separate out waste material from the spodumene pegmatite at Thompson Brothers, thereby increasing the overall grade of the final product at a low cost per tonne.

Snow Lake has collected 120 scoping samples from the company’s drill core library as part of this test work, with these samples to be sent to Steinert in Kentucky, USA, for analysis.

The company also created four bench test “bulk samples” from the existing core library, which will be used as trial material at Steinert on a full-scale ore-sorting machine once DRA Global concludes the appropriate algorithm for sorting, it said.

As part of the ore-sorting strategy, the company says it will need a higher degree of understanding of the mineral assemblage of the spodumene pegmatites at its project.

The company has, so far, collected nine core samples from the company’s core library and left them with the Saskatchewan Research Council (SRC) in Saskatoon, Canada. These samples will go through QEM-SCAN petrography analysis at SRC, providing DRA with a report on the mineral assemblage of the pegmatite.

From the nine samples, the company will select three samples for microprobe analysis of the various mineral phase.

Snow Lake said: “These studies will give the company an understanding of the mineral chemistry of the feldspar phases. This will help support the X-ray sorting works, as there may be a chemical element that the X-ray sorter can focus on to eliminate the feldspars from the spodumene pegmatite feed.”

As part of a bulk sample program for 2020, the company will also provide samples to SRC to conduct acid–base accounting testing to help assess the acid-producing and acid-neutralising potential of rocks prior to large-scale excavations at the project.

Snow Lake is expecting to publish a maiden indicated resource on the Thompson Brothers project in the near term, given that the company, its consultants and external laboratories have all the data in hand for the study.

CEO Interview – Edison Group

CEO Interview – Edison Group 150 150 Snow Lake Resources

Find Original Here –>https://www.edisongroup.com/edison-tv/executive-interview-snow-lake-resources/

Snow Lake Resources is a private lithium development company that is seeking to move its Thompson Bothers spodumene project into near-term and low-capex production. The Thompson Brothers deposit is located in Snow Lake in Manitoba, Canada. The project has a Historic JORC compliant mineral resource estimate of 6.3mt at a high lithium grade of 1.38% Li2O. The company has recently signed a memorandum of understanding (MOU) with Tanco that could see the project fast-tracked using Tanco’s spodumene flotation circuit, also located in Manitoba, Canada. Snow Lake is currently in the process of listing on the Canadian Stock Exchange.

My Take on Snow Lake

My Take on Snow Lake 150 150 Snow Lake Resources

Original Located Here –>https://www.thompsoncitizen.net/opinion/columnists/my-take-on-snow-lake-aug-9-2019-1.23910610

Toke Mountain (My Take on Snow Lake, Aug. 9, 2019)

A stockpile of arsenic-bearing material known locally as ‘Toke Mountain,’ highlighted in red, is located just East of the Snow Lake Mine Mill.
Photograph By JIM PARRES

 

This week’s column cobbles together a raft of local mining announcements, which have accumulated over the last month or so.

Firstly, earlier in July, BacTech Resources announced that the company had signed a letter of intent with GMR Inc. to license BacTech’s proprietary bioleach technology as part of an effort to develop a viable metallurgical solution to process a government owned stockpile of a-bearing material at Snow Lake. The company further announced that it would collaborate with Dundee Sustainable Technologies (DST) as a technology partner in developing a potential solution for problems encountered in their December 2011 proposal to remediate the stockpile.

Those problems were: a dramatic drop in the price of gold at the time, prohibitive costs in bring the iron to arsenic ratio to a proper processing level, limestone suitable to be used in the process wasn’t available in the quantity required locally.

“Our return to Snow Lake is predicated on Dundee Sustainable Technologies providing a solution to the unstable arsenic product we generated in our earlier work that killed the project,” said Ross Orr, CEO of BacTech. “The stockpile has a deficiency in iron, leading an unstable ferric arsenate product after bioleaching. By passing this unstable material to be vitrified the arsenic can be safely disposed. We look forward to re-engaging in the Snow Lake project.”

The second announcement came from Rockcliff Metals Corporation and is very good news indeed. On Aug. 1 Rockcliff announced that a 100,000 metre drill program will commence in August and continue non-stop to December of 2020.

“We look forward to the start of the largest drill program in Rockcliff’s history,” said Rockcliff’s President and CEO Alistair Ross.  “The objectives of this very large drill program are to expand existing resources at several of our deposits, assist in advancing several of our key projects through the pre-feasibility phase, as well as to explore for significant new grass roots discoveries on our very prospective land position. The success of the drill program will be an integral part of Rockcliff’s growth strategy as we work to transition the company into Manitoba’s next mining company.”

Initial drilling will commence on the Company’s Rail and Bur properties, followed by drilling on its Talbot and Tower properties located south of Snow Lake. A minimum of five drills will be deployed in August to carry out this phase of the drill program. This phase of the drill program will total approximately 50,000 metres and is scheduled to be completed by the end of 2019.  Between the start of drilling next month and the end of 2020, drilling is also planned on numerous grass roots targets and at least eight other properties currently held by the Company that are known to host VMS mineralization.

CYR Drilling International Ltd. from Winnipeg, Manitoba and Westcore Drilling Limited from Snow Lake, Manitoba were awarded drilling contracts by the Company.

Also on Aug.1, but with news of an unfavourable variety, Hudbay Minerals Inc. announced that the U.S. District Court for the District of Arizona issued a ruling in the lawsuits challenging the U.S. Forest Service’s issuance of the Final Record of Decision (FROD) for the company’s Rosemont project in Arizona.

The Court ruled to vacate and remand the FROD such that Rosemont cannot proceed with construction at this time. The company believes that the Court misinterpreted federal mining laws and Forest Service regulations as they apply to Rosemont and will appeal the Court’s decision to the U.S. Ninth Circuit Court of Appeals.

“We are extremely disappointed with the Court’s decision,” said Peter Kukielski, Interim President and Chief Executive Officer. “We strongly believe that the project conforms to federal laws and regulations that have been in place for decades. We will be appealing the decision as we evaluate next steps for the Rosemont Project.”

Finally, Snow Lake Resources has signed a Memorandum of Understanding (MOU) with Tanco Mining Corporation of Canada to fast track their Thompson Brothers Lithium Project.

Under this MOU, Tanco Mining and Snow Lake Resources will work collaboratively to explore all possible collaborations, with the view of delivering economic benefits to both parties. The agreement identifies a range of initiatives that may be pursued, including investigating processing of the Thompson Brothers material utilizing the Tanco infrastructure and Tanco supporting financing options for project infrastructure. In addition, other means will be investigated to maximize local employment with added economic benefits for the Town of Snow Lake, Winnipeg and environs, which headquarter each operation.

Snow Lake Resources Signs MOU with Tanco Mining Corporation of Canada to Fast Track Thompson Brother Lithium Project Development

Snow Lake Resources Signs MOU with Tanco Mining Corporation of Canada to Fast Track Thompson Brother Lithium Project Development 150 150 Snow Lake Resources

Original located here –> https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/snow-lake-resources-signs-mou-with-tanco-mining-corporation-of-canada-to-fast-track-thompson-brother-lithium-project-development/

SNOW LAKE RESOURCES LTD. (“Snow Lake”, “SNOW” or the “Company”) are pleased to announce it has reached a Memorandum of Understanding (MOU) with Tanco Mining Corporation of Canada Limited (Tanco) to work collaboratively between the Tanco Mine and the Thompson Brothers Lithium Project. The Tanco Mine is now operated by Tanco Mining Corporation of Canada Limited. and was previously North America’s largest and sole producer of Spodumene, Tantalum and Cesium on the north west shore of Bernic Lake, Manitoba, Canada. The mine has the largest known deposit of pollucite, is also the world’s largest current producer of caesium.

Under this MOU, Tanco and Snow Lake will work collaboratively to explore all possible synergies with the view of deliver economic benefits to both parties. The agreement identifies a range of initiatives that may be pursued including investigating processing of the Thompson Brothers material utilizing the Tanco infrastructure and Tanco supporting financing options for project infrastructure. In addition, other means will be investigated to maximize local employment with added economic benefits for the Town of Snow Lake, Winnipeg and surrounds, which headquarter each operation.

This MOU now outlines and demonstrates our fast track development strategy and signifies a low capex, clear strategy and pathway to production and cash flow for Snow Lake.

In light of this significant development within the company which gives us a clear path to production, the company will be in discussions with various investment bankers and brokers to reprice the listing and raise further strategic funds in the interim to fast track development and the opportunity at hand, which may delay the listing by a few weeks on the CSE.

Under the MOU Snow Lake and Tanco will now engage in further discussions with an aim to formalise an investment and operational strategy that will allow for the “fast track” development of the Thompson Brothers Lithium Project.

snow lake resources

Figure – Tanco and Snow Lake Representatives

In summary, the MOU is intended to:

  1. Investigate the viability of partnering and processing Lithium ore through the Tanco Mine Spodumene floatation circuit.
  2. Facilitate strategies to maximize the local economic benefit and job opportunities as a result of responsible development of the Snow Lake and Winnipeg;
  3. Provide access to Tanco with regard to baseline economic scoping works for the Thompson Brothers Lithium Project for the purpose of assessing the suitability of potential synergies between Tanco and Snow Lake.
  4. Establish the groundwork to develop a plan for data sharing with Tanco and Snow Lake personnel working collaboratively.
  5. Provide a framework for Tanco and Snow Lake to cooperatively engage with local communities and other project stakeholders to incorporate their input via public meetings and consultations.
  6. Identify areas requiring federal, state and local permitting, and facilitate support for obtaining such permits if required.
  7. Work collaboratively to establish an agreement for the Snow Lake’s usage of Tanco Mine spodumene floatation circuit.
  8. Investigate Tanco-supported financing or off take options whilst establishing a fair pricing mechanism of providing a Direct Shipping Ore (“DSO”) to the Tanco Mine spodumene floatation circuit.
  9. Establish an estimated range of DSO Spodumene grade delivery to the Tanco Mine spodumene floatation circuit.
  10. Determine other means to maximize local employment and other economic benefits.

The MOU will expire on the third anniversary of the effective date unless otherwise extended by written agreement between the parties. Either party may terminate the MOU earlier for any reason at any time upon delivery to the other party of written notice of termination.

Snow Lake CEO, Derek Knight commented “We are delighted to be working with Tanco Mining Corporation of Canada Limited and building on our relationship to fast-track development of the Thompson Brothers Lithium Project and look to provide additional feed to the Tanco Mine. This MOU now outlines and demonstrates our fast track development strategy and signifies a clear strategy and pathway for Snow Lake to production and cash flow.”

“The Snow Lake Technical group has a very strong relationship with both past and present Tanco Mine staff. Some of these relationships span over 20 year. We hope that this partnership will benefited both Snow Lake Resources and Tanco Mining Corporation of Canada Limited and the communities of the Town of Snow Lake, Winnipeg and surrounds.”

ON BEHALF OF THE BOARD

Signed “Derek Knight”

Derek Knight

CEO

For further information, please contact:

Derek Knight

Derek@SnowLakeResources.com

Forward-Looking Statements and disclaimers:

Certain statements in this document are or maybe “forward-looking statements” and represent Snow Lake’s intentions, projections, expectations or beliefs concerning among other things, future exploration activities. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Snow Lake Resources Ltd, and which may cause Snow Lake’s actual performance in future periods to differ materially from any express or implied estimates or projections. Nothing in this document is a promise or representation as to the future. Statements or assumptions in this document as to future matters may prove to be incorrect and differences may be material. Snow Lake Resources Ltd does not make any representation or warranty as to the accuracy of such statements or assumptions. Snow Lake notes that any meetings or considerations in regard to any potential transactions are preliminary and there is no certainty that any binding agreement will be reached. The Company will update shareholders upon any further developments in this regard.

Nataly Cure – August 2nd, 2019

Company Encouraged by Lithium Results Near Snow Lake

Company Encouraged by Lithium Results Near Snow Lake 150 150 Snow Lake Resources

Original located here –> https://www.thereminder.ca/news/local-news/company-encouraged-by-lithium-results-near-snow-lake-1.23610426

Although it is far away from any proposed development, a mining company near Snow Lake thinks they might have a major find on their hands.

Snow Lake Resources, a spin-off group of companies Nova Minerals and Progressive Planet Solutions, has announced their latest results from the 5,600 hectares the company owns near Wekusko Lake. The company has been seeking lithium on land including the Thompson Brothers property, the Sherritt Gordon property and another property the company has named Grass River.

Snow Lake Resources CEO Derek Knight said the Thompson Brothers and Sherritt Gordon properties have both shown high indications of lithium-containing minerals.

“They are pretty good samples,” he said.

Estimates of the area show an implied resource of 6.3 million tons. At the Thompson Brothers deposit, one area of the resource has tested at 1.3 per cent dilithium oxide.

At the Sherritt Gordon area, named for the company that formerly owned and processed the site, Knight said historical data for the site has often mentioned spodumene, a mineral that contains lithium as well as aluminum and silicon.

“In 1942, Sherritt Gordon put 20 holes into it. It’s also on our property. That’s not included in any of the estimates so far, but they had 20 holes that all had spodumene,” said Knight.

“We think there’s a very good chance for us to put a couple holes over there and increase that inferred resource.”

Both the Thompson Brothers and Sherritt Gordon areas have been prospected in the past, with historical mining data for the areas available dating back all the way to 1942. However, none of the companies examining the area thought highly of lithium. In the 20th century, lithium had little value, used mostly in glass and ceramic production, industrial greases and metal work.

Since then, lithium has grown more valuable through two uses. It is a key element in the batteries of phones, laptops, electric cars and other technology, and is used as medication for people with some forms of mental illness.

“I think for a long time, there just wasn’t a market for it. Whenever people looked for lithium, they were looking for the cheapest way to get it,” said Knight.

Knight sees lithium items as a key part for clean energy in the future, less damaging to the environment than other forms of mining and as a preferable method to find energy than other means, including fossil fuel extraction.

“I think what’s important to know is that renewable clean energy is not going away,” he said.

“The idea that we’re going to have less energy storage in northern climates, electric cars, and all that – those are certainly going to be increasing. The question is going to be if the supply matches up with the demand.”

Knight said some areas of land owned by the company have not yet been fully tested, but he is hoping for big things.

“There’s lots of other possibilities. There are lots of known pegmatite dikes that we just haven’t gotten to yet because we got the ones that are most likely and most favourable targets. There are lots more dikes that haven’t even been looked at yet,” he said.

The ultimate goal for the project is to have a fully functioning lithium mine somewhere near Snow Lake. Snow Lake Resources has a public offering in the works and Knight hopes the recent buzz will help the company further their findings.

“We’re planning on moving this project along, hopefully to the stage where we can create some jobs in the area,” said Knight.

Eric Westhaver / Flin Flon Reminder

Manitoba Mining Sector to See Boost from Global Lithium Demand

Manitoba Mining Sector to See Boost from Global Lithium Demand 150 150 Snow Lake Resources

Original located here –> https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/manitoba-mining-sector-to-see-boost-from-global-lithium-demand/

One of the regions that is seeing an uptick in lithium exploration activity is Manitoba’s Snow Lake region.

While other materials have seen unstable markets in the last year, demand for lithium has continued to rise in order to meet the demands of the lithium-ion battery market.

According to a recent CBC article, one of the jurisdictions that is seeing an uptick in lithium exploration activity is Manitoba’s Snow Lake region. Snow Lake sits 200 kilometers east of Flin Flon, another area in the province that is well known for lithium production. Companies like Snow Lake Resources and Far Resources (CSE:FAT) are leading the charge in exploring the Snow Lake region, showing a glimmer of hope and promise as the province faces ongoing employment challenges in its mining sector. This follows decisions from both Hudbay Minerals (TSX:HBM,NYSE:HBM) and Vale (NYSE:VALE) to reduce their activities in Manitoba.

In their pursuit to develop a lithium hub in northern Manitoba, the miner will be developing the Stall mill, Lalor mine and a refurbished New Brit Gold mill, all near Snow Lake. “As long as there is exploration, there’s always hope for a longer future,” said Snow Lake mayor Peter Roberts.

Alison Cameron – January 14th, 2019

Millions of Tonnes of Lithium Found at Snow Lake

Millions of Tonnes of Lithium Found at Snow Lake 150 150 Snow Lake Resources

Original located here –> https://730ckdm.com/index.php/local-news/news/13135-millions-of-tonnes-of-lithium-found-at-snow-lake

Millions of tonnes of lithium, which is a key part of electric car batteries, has been found around Snow Lake, 200km east of Flin Flon.

A geologist with the mining company, Snow Lake Resources is hoping to get 3 or 4 mines set up.

That could mean 500 people directly employed.

Snow Lake Resources has dibs on a 6.3-million-tonne resource estimate, while Far Resources is digging into an initial resource of 1.1 million tonnes.

This could save hundreds of jobs because last year Hudbay announced its intentions to pull up stakes in Flin Flon by 2021 due to a lack of ore in the ground.

Another setback saw Vale lay off 169 employees at its Thompson mine last year.Contributed by Isaac Wihak Published: Jan 12, 2019 – 11:18 am

Demand for Lithium Expected to Put a Charge in Manitoba’s Beleaguered Mining Sector

Demand for Lithium Expected to Put a Charge in Manitoba’s Beleaguered Mining Sector 150 150 Snow Lake Resources

Discovery of mineral used in batteries has drills turning around Snow Lake

Ian Froese · CBC News · Posted: Jan 12, 2019 6:00 AM CT | Last Updated: January 12

Original location here –> https://www.cbc.ca/news/canada/manitoba/snow-lake-lithium-batteries-mining-potential-1.4975149


The growing prominence of electrified vehicles may be of huge benefit to Snow Lake, which is home to a large lithium find. The commodity is used in batteries. (Canadian Press)

It may not offset the hundreds of mining jobs that northern Manitoba is losing, but exploration companies are bullish on the potential for lithium.

One of the hubs of activity for a mineral vital in the world’s drive to electrification is around Snow Lake, 200 kilometres east of Flin Flon.

“If we get three or four mines going up there again, we could probably get 500 directly employed people,” said geologist Dale Schultz, who is collaborating with a new mining company called Snow Lake Resources.

It’s a lofty goal, but then lithium, used in batteries, is a hot commodity in the expected electrification of our society, including vehicles. And jurisdictions are taking notice: only months ago the B.C. government promised it would take steps to ensure all new cars and trucks sold in the province are emission-free by 2040.

That means the resource will become more valuable as time goes on, Schultz says.

“That’s the common wisdom right now.”

Betting on lithium

In and around Snow Lake, drills are turning for lithium. 

Snow Lake Resources has dibs on a 6.3-million-tonne resource estimate, while Far Resources is digging into an initial resource of 1.1 million tonnes.

The exploration comes amid a downturn in the province’s mining industry.

The sector faced a body blow last year when Hudbay announced its intentions to pull up stakes in Flin Flon by 2021 due to a lack of ore in the ground. In another setback, Vale laid off 169 employees last year at its Thompson mine.

To save even some of those Hudbay positions, Snow Lake is being held up as a saving grace. The miner expects to transfer employees to the Stall mill, Lalor mine and a refurbished New Brit Gold mill, all near Snow Lake.

It will lessen the blow, but it won’t save all 800 Hudbay jobs at risk in Flin Flon.  

A helicopter view of a drill rig Far Resources is using to uncover lithium deposits. (Far Resources)

That’s where further exploration may come into play.

In addition to the play for lithium, Rockcliff Metals, a Toronto-based miner, is after a gold deposit in the region. 

Toby Mayo, president and CEO of Far Resources, says there’s no denying the demand for lithium can lift the fortunes of Snow Lake. 

“There’s no reason why a huge number of additional discoveries can’t be made that will really put Snow Lake on the map — again.”

Hope during a downturn

Snow Lake has a storied mining history, but is subject to the whims of the industry’s cyclical nature.

Mayor Peter Roberts acknowledges his northern community may be approaching a time when a stream of Flin Flon residents come to their community to work, instead of a flow of citizens travelling in the opposite direction.

He’s encouraged by any sign of drilling, but said he cannot hang his hopes on firms which haven’t started mining yet. In the meantime, he’s hopeful that Hudbay, still exploring in the region, can strike riches. New mining protocol would give First Nations clear right to say no: Manitoba government

“As long as there is exploration, there’s always hope for a longer future,” he said.

In Manitoba, senior mining companies intended to spend $41.3 million toward exploration in 2018, while junior miners invested $6.3 million toward the same task, according to Natural Resources Canada figures.

Ken Klyne, president of the Manitoba Prospectors and Developers Association, said provincial exploration can rise again by simplifying the permitting process and reducing the need for onerous consultations. 

“It’s a huge problem created and we’re not going to turn it around overnight.”

ABOUT THE AUTHOR

Ian Froese

Reporter

Ian Froese is a reporter at CBC Manitoba. He previously wrote about rural Manitoba for the Brandon Sun and the Carillon in Steinbach. Story idea? Email ian.froese@cbc.ca.


My Take on Snow Lake

My Take on Snow Lake 150 150 Snow Lake Resources

Original located here –> https://www.thompsoncitizen.net/opinion/columnists/my-take-on-snow-lake-jan-4-2019-1.23571205


Members of the Snow Lake Hospital Auxiliary and Health Centre staff members – Dr. Michael Haldorson is centre in the back; to the left of him is former health centre Dr. Neil Macleod.
Photograph By MARC JACKSON

As a tradition and sign of the Northern Health Region’s appreciation, each Christmas season, a luncheon recognizing the service and spirit of the Snow Lake Hospital Auxiliary, volunteers, and Snow Lake Health Centre personnel and residents is held in the Health Centre. This year, due to budget constraints, the event was to be cancelled. That is until one of Snow Lake’s newest residents stepped in and took on the role of Santa, so to speak.

Dr. Michael Haldorson said that rather than see it falter, he would pick up the costs of the celebration … and so the on-again/off-again gathering was on again! It appeared some staff members were so impressed, they dressed to honour the occasion … wearing co-ordinated Christmas-themed scrubs!

With adorned tables situated throughout the building’s corridors and waiting room, decorations on walls as well as the waiting room tree … and with all of the aforementioned folks mingling to and fro, the smell of the afternoon meal was enough to set a mouth to watering. If that didn’t do it, the sight of the sumptuous buffet surely would. Close to 50 people took part in the annual event and the meal was prepared by staff in the Health Centre kitchen.

Asked for his thoughts after the event, Dr. Haldorson stated that the meal was amazing. He added that he is enjoying Snow Lake and his position here. Noting that he just couldn’t let the year go by without the perennial gathering being held, he said he was happy to pick up the cost for the meal.

In other news, Snow Lake Resources (SLR), a company in the process of floating a January 2019 initial public offering, held an information session in the Snow Lake Motor Inn on the evening of Friday Dec. 21.

The gathering served to introduce their chief operating officer Dale Schultz to residents and give folks an overview of himself, the company, as well as the mineral they are exploring for… lithium.

Schultz began by giving a synopsis of the company, which included a bit of its history, prior to explaining the importance of lithium on the world stage. Noting that lithium brine deposits were once seen as the more gainful way of exploiting the resource; the view is slowly changing towards hard rock deposits, due mainly to problems with costs and the method of processing lithium from brine.

Schultz explained the favorable geology of Manitoba and the Snow Lake area in respect to spodumene (the host rock of lithium crystals), prior to getting into the resource that his company has on the east side of nearby Wekusko Lake.

He summarized the drilling and other types of exploration done on the claims SLR holds in the area, noting that they currently have a 6.3 million tonnes at 1.38 per cent Li2O resource mapped out.

With plans to diamond drill 12,000 more metres in the New Year, they hope to expand those numbers and eventually bring the property into production. In this respect, he outlined several conceptual ways of mining the deposit and getting the product to market.

After a brief question-and-answer session, the audience showed appreciation for the presentation and the possibility of a new employer in the area with a loud round of applause. Schultz thanked attendees and talked one-on-one with people afterwards, prior to resetting his visual aids for a reprise presentation to a new audience later that evening.

Snow Lake Resources Presents on Wekusko Lake Lithium Project

Snow Lake Resources Presents on Wekusko Lake Lithium Project 150 150 Snow Lake Resources

Snow Lake Resources presents on Wekusko Lake Lithium Project

Original located here —>https://www.facebook.com/groups/598825046835350/permalink/2173015122749660/

Marc Jackson

Snow Lake Resources (SLR), a company in the process of floating a January 2019 Initial Public Offering, held an information session in the Snow Lake Motor Inn on the evening of Friday December 21st.
The gathering served to introduce their COO Dale Schultz to residents and give folks an overview of himself, the company, as well as the mineral they are exploring for… Lithium.
Schultz began by giving a synopsis of the company, which included a bit of its history, prior to explaining the importance of lithium on the world stage. Noting that Lithium Brine Deposits were once seen as the more gainful way of exploiting the resource; the view is slowly changing towards hard rock deposits, due mainly to problems with costs and the method of processing lithium from brine.
Schultz explained the favorable geology of Manitoba and the Snow Lake area in respect to spodumene (the host rock of lithium crystals), prior to getting into the resource that his company has on the east side of nearby Wekusko Lake.
He summarized the drilling and other types of exploration done on the claims SLR holds in the area, noting that they currently have a 6.3 million tonnes @ 1.38% Li2O resource mapped out.
With plans to diamond drill 12,000 more metres in the New Year, they hope to expand those numbers and eventually bring the property into production. In this respect, he outlined several conceptual ways of mining the deposit and getting the product to market.
After a brief question and answer session, the audience showed appreciation for the presentation and the possibility of a new employer in the area, with a loud round of applause. Schultz thanked attendees and talked one on one with people afterwards, prior to resetting his visual aids for a reprise presentation to a new audience later that evening. MJ

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