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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 24.99 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Post by elvispressyon Sep 21, 2017 11:27am
176 Views
Post# 26725739

17 years of life, and 290 jobs to the lithium mine Pink

17 years of life, and 290 jobs to the lithium mine Pink

17 years of life, and 290 jobs to the lithium mine Pink

A life span of 17 years, 290 jobs during the commercial phase and the production of 3.9 million tonnes of lithium oxide and more than 7000 tonnes of oxide of tantalum, these are the promises of the project Rose to Critical Elements Corporation (CEC).

On 6 September, the montral-based company has published the feasibility study of this project located in the heart of james bay, roughly half-way between the cree village of Nemaska and the hydroelectric power station Eastmain-1 Hydro-Qubec.

If all goes as planned, the construction of the infrastructure and of the pit should begin in the fall of 2018. All will require an initial investment of $ 341 Million. The production is expected to begin in the summer of 2020, with a lifespan estimated at 17 years. During the construction phase, the project Pink would employ up to 575 workers, a number that will stabilize at 290 for commercial production.

220 million tonnes to be excavated

In the course of its 17-year lifespan, the mine Rose is expected to produce 3.07 million tonnes of oxide concentrate for the lithium chemical quality, 827 200 tonnes of concentrated lithium oxide technical grade and 7160 tonnes of oxide concentrate of tantalum, a metal used in a wide variety of electronic applications.

According to the mine plan, CEC excavera 26.8 million tonnes of ore from the pit as well as 182,4 million tons of barren rock and 11.0 million tonnes of overburden. This will result in a ratio of 7.2 tonnes of waste per tonne of ore.

A pit of 1.6 km long

In its maximum expansion, the pit should measure 1620 metres long by 900 metres wide and 200 metres deep. As the study on the hydrology anticipates a significant infiltration of water, the wells will be constructed in the periphery to lower the water table in the pit. One of these wells will feed into the mine in fresh water, while process water will be recycled.

As for the facilities, they will be spread over an area of 296 000 square meters. This space will contain the treatment plant, the maintenance shop, the warehouse, the administration building and the fuel tanks. The feasibility study does not provide for the construction of a conversion plant for the production of lithium carbonate, but a space has been reserved for a future installation.

Residues non-acidic

On the plan socioenvironnemental, samples of waste rock and tailings have been classified as non-generators of acid. The dump ore will have a capacity of 3.9 million tonnes, where the ore is low-grade can be stored. The process water will be recycled, thus reducing the pressure on the retention pond and the treatment plant final effluent.

 

https://stopru.org/17-years-of-life-and-290-jobs-to-the-lithium-mine-pink/18537

The cree communities nearby have already been consulted on the project. The exchanges will continue throughout the life of the mine.


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