opinion about NTY Here is good article about NTY (original in German URL https://www.wallstreet-online.de/nachricht/9902649-goldinvest-de-wirtschaftlich-wertvoll-92-resources-erreicht-lithiumextraktion-97 ) I put it throu a translater, so there might be some hick-ups
Economically Valuable: 92 Resources Achieves Lithium Extraction of 97% Advertisement Gastautor: Bjrn Junker | 18.09.2017, 11:15 | 752 0 | 0 The most beautiful discovery is of no use if it is not economically viable. For this reason, for example, high lithium contents usually only tell half the story. In the end it depends on (supposedly) boring metallurgy! Exactly this test has now successfully passed spodumene samples from the Hidden Lake lithium project of 92 Resources (TSX.V: NTY; FRA: R9G2). Today, the company has released the dry report that "industry-specific lithium extraction procedures" are working and a 97 percent recovery rate has been achieved. That should boost the small value with just 6 million CAD stock exchange value significantly. In the summer of this year, 92 Resources had announced that a high-grade Spodumene-Montebrasit concentrate (6.16% Li2O) was produced from the Roherz - also using industry-standard procedures had been. Within the scope of the tests now carried out, this concentrate was used for lithium extraction. The aim was to determine whether the industry-standard lithium extraction methods applied to a typical spodumene concentrate are practicable: roasting followed by "acid baking" and water leaching. This is precisely the information that the future customers of concentrate desperately need. Spodumene sample from Hidde Lake; Photo: 92 Resources Due to the small quantities, the results of the investigations are only provisional. Larger tests will follow. Nevertheless, it can be said that the risks of the project have already been significantly reduced. Above all, further exploration makes sense right now: just a few days ago, the company announced that the exploration on the Hidden Lake project is being pushed ahead. A two-week campaign is under way, which will include so-called slit tests on two pegmatites, which were only discovered at the end of last season. Random values at that time provided lithium values of 1.86% Li2O. One of the main targets of the exploration program is to fully understand the extent of already discovered pegmatites. The hopes lie on the so-called pegmatite "HL6". Specifically, it is to be investigated whether this occurrence is not really connected with a 1.4 km distant pegmatite occurrence "D12". If the hypothesis were to confirm that the two occurrences were really a coherent occurrence, this would, of course, have enormous implications for the possible representable resource, or the tonnage, which would later be degradable. There could be something really big grow! It is noteworthy that 92 Resources is currently valued at $ 6 million. Other Hardrock lithium exporters such as e.g. Far Resources (TSXV: FAT) already have a clear double-digit rating. Perhaps 92 Resources will be able to catch up. Another thing is 92 resources. It is not a one-project company. Rather, the company also owns the Frac-Sand concession area Golden in western Canada. According to the report, a so-called 43-101 report is expected shortly. High-quality quartz sand plays an increasingly important role in the oil and gas industry as a raw material. At least, the fact that the Kieselerdemine Moberly, which is directly adjacent to the 92-project, produced by Heemskirk Canada Ltd., is freshly put into production. The mine has been the subject of a takeover bid from Northern Silica Corporation worth 42.3 million AU $ since February 2017. On the other hand, the market is still judging the Golden Project of 92 Resources with a value of zero! We'll see if that remains so. Perhaps in 92 Resources yes beside Hidden-Lake lithium project still many other "hidden value"? We will stay with the company.
goldinvest.de: Economically Valuable: 92 Resources Achieves Lithium Extraction of 97% wallstreet-online.de - Full article at:
https://www.wallstreet-online.de/nachricht/9902649-goldinvest-de-wirtschaftlich-wertvoll-92-resources-erreicht-lithiumextraktion-97