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Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. It is focused on being a domestic producer of lithium for the electric vehicle and battery storage market. The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, United States, immediately east of Albemarle’s Silver Peak mine.


TSXV:LCE - Post by User

Bullboard Posts
Comment by Retirement1982on Aug 31, 2019 7:02am
119 Views
Post# 30085717

RE:RE:Updated Resource Numbers

RE:RE:Updated Resource NumbersHello WeeStu7,

From CYP's website:

GRE reported an updated total Indicated Mineral Resource of 3.835 million tonnes of lithium carbonate equivalent (LCE) contained in 831 million tonnes at an average grade of 867 ppm Li and an Inferred Mineral Resource of 5.126 million tonnes of LCE contained in 1.12 billion tonnes at an average grade of 860 ppm Li. The Clayton Valley deposit remains open at depth with 21 of 23 drill holes ending in lithium mineralization.

So if we compare the LCE value to number one

1. Sonora Lithium Project – 243.8Mt

onora Lithium Project is the biggest lithium deposit in the world. Image courtesy of Dnn87.

The Sonora lithium project, located in Sonora, Mexico, is the biggest lithium deposit is being developed by a joint venture (JV) of Bacanora Minerals (30%) and Cadence Minerals (70%).

The mine is estimated to hold proven and probable reserves of 243.8Mt, containing 4.5Mt of lithium carbonate equivalent (LCE). 

4,5MtLCE eq - 3,835Mt LCE eq  (plus result from infill drilling)...
IWith my limited knowledge,We have no reason to complain, I would say?
Please correct me if I 'm wrong.

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