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Sigma Lithium Corp V.SGML

Alternate Symbol(s):  SGML

Metals & Mining Industrial Metals & Minerals
Sigma Lithium Corporation is a Canada-based global lithium producer engaged in powering electric vehicle batteries with environmentally sustainable and high-purity lithium. The Company is producing Triple Zero Green Lithium from its Grota do Cirilo Project in Brazil. The Company holds a 100% interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara, and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the State of Minas Gerais, Brazil (Lithium Properties). It has exploration potential including over 200 identified pegmatites on its 20,000-hectare land package, representing about 29 mineral rights. The Company has mineral properties in the exploration and evaluation stage. Its Project is located in the northeastern part of the state of Minas Gerais, in the municipalities of Aracuai and Itinga, approximately 25 kilometers (km) east of the town of Aracuai and 600 km northeast of Belo Horizonte, the state capital.


TSXV:SGML - Post by User

Sigma Lithium Corp
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Post by Betteryear2on Jan 31, 2024 8:26am
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Post# 35854470

INCREASED AUDITED MINERAL RESOURCE BY 27% TO 109Mt

INCREASED AUDITED MINERAL RESOURCE BY 27% TO 109Mt SAO PAULO, Jan. 31, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced lithium materials, is pleased to announce a significant increase of its mineral resource estimate to 109 million tonnes at its Sigma Brazil, 100% owned Grota do Cirilo operation at Vale do Jequitinhonha: composed of 94.3Mt of measured & indicated ("M&I") mineral resource at an average grade of 1.40% Li2O, together with additional 14.6Mt of inferred mineral resource at 1.37% Li2O.

SIGMA LITHIUM SIGNIFICANTLY INCREASED AUDITED MINERAL RESOURCE BY 27% TO 109Mt: GROTA DO CIRILO IN BRAZIL BECOMES WORLD'S 4TH LARGEST OPERATING INDUSTRIAL PRE-CHEMICAL LITHIUM BENEFICIATION & MINING COMPLEX; GROTA DO CIRILO EXPECTED TO FURTHER INCREASE TO 150Mt (prnewswire.com)
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