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Cullinan Metals Corp V.CMT


Primary Symbol: C.CMT Alternate Symbol(s):  CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.


CSE:CMT - Post by User

Bullboard Posts
Post by fairchijon Jan 02, 2019 10:41am
234 Views
Post# 29176654

I continue to be impressed by the deal.

I continue to be impressed by the deal. The Delta facility was reported as having 18 MW of power from an earlier NR as follows:
The Delta facility is considered one of the most technologically advanced greenhouses in North America, offering full propagation services with an experienced staff in a facility with 18 megawatts of power

From this latest NR:
The Delta greenhouse complex includes advanced growing systems for greenhouse HVAC, watering and lighting. It includes its own natural gas co-gen energy plant which provides cost effective electricity for lighting and heating of the large-scale greenhouse. The result is a highly efficient and one the most cost-effective growing operation in the industry.

Initially I was under the impression that the facility had an express distribution feeder to supply 18MW which is a lot of power. However in this NR they have provided further insight.
The 18 MW power supply is from natural gas co-generation which is enough power to supply a large town. Being sourced from gas co-generation means it is ideal for industrial use where both electricity and heat energy in the form of steam are supplied from the unit. It is an efficient process which can vary the amount of electricity and steam produced to match the needs of the greenhouses.
The stages can vary but the fundamental driver is to recover waste energy to be ether used in a secondary steam circuit to drive a turbine for electricity production and/or for steam diversion to the greenhouses as dictated by need.
As we know LED’s are now used for large scale greenhouses which have dramatically cut the energy requirements of these facilities. Thus it is likely that the 18 MW co-gen plant can provide energy for additional expansion or neighboring greenhouses.
Bullboard Posts