DO WE HAVE LITHIUM?I know UBR bartered away some REE properties, but still retains some. Does anyone know if we have Lithium prospecrs? Here's why I'm asking since the following company will start producing hard-rock Lithium (as opposed to brine) in 2012 in and around Val d'Or Quebec: Toronto, October 28, 2010 -- Canada Lithium Corp. (TSX: CLQ; U.S. OTCQX: CLQMF) announced today that, following the latest drill program, total measured and indicated mineral resources at the Quebec Lithium Project near Val d'Or, Quebec, have increased by approximately 48% to 46.7 million tonnes grading 1.19% Li2O (at a 0.80% Li2O cut-off). It also represents a 7% increase in grade from previous estimates. The total inferred mineral resource has also been expanded to an approximate 57.6 million tonnes grading 1.18% Li2O, a rise of about 48% in tonnage and 6% in grade compared to the previous estimate announced March 4, 2010.
"We have now confirmed that this project ranks, in terms of size, among the top two or three known hard-rock lithium deposits in the world," said President and CEO Peter Secker. "We clearly have the flexibility to expand production significantly in the future if markets warrant."
He also noted that the higher grade in all mineral resource categories may result in higher economic returns as the mine and processing plant commence operations in late 2012.