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Foremost Lithium Resource & Technology Ltd C.FAT

Alternate Symbol(s):  FMST

Foremost Lithium is a hard-rock exploration company strategically located to capitalize on the world's growing EV appetite and is committed to being a premier supplier of North America's lithium feedstock. As the world transitions towards decarbonization, the Company is focused on exploration and growth on its 5 Lithium Lane Projects in Snow Lake Manitoba. Foremost Lithium also has the Winston Gold/Silver Property in New Mexico USA.


CSE:FAT - Post by User

Post by wilwalon Dec 09, 2017 11:28am
168 Views
Post# 27123495

FAT production options

FAT production optionsAfter delineating the resource in 2018 and completing the 43-101, here are the three main options for FAT production:


1.  Extract raw ore and ship by rail.  That can commence within a few months after the 43-101 in 2018.

2. Build a spodumene concentrator and ship spodumene concentrate to a processor.  24 months to build a concentrator.  Shipping volume reduced by 80% vs raw ore.

3. Build concentrator and processing facility.  28 months built concurrent with the concentrator.


Source:  Nemaska Feasibility Study  Pages 306-310   https://www.nemaskalithium.com/assets/documents/docs/2015-024%20Nemaska%20NI%2043-101%20May%2019%202016%20Final-SEDAR.pdf
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