Century Lithium Corp V.LCE

Alternate Symbol(s): CYDVF

Metals & Mining Industrial Metals & Minerals

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.

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Century Lithium Corp

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Post by fulogas1on Oct 18, 2019 8:39am

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Post# 30243156

Time to review ....

from the PEA

The previous base case price for lithium carbonate was based upon a market study by Benchmark Research. The PEA included updated mineral resources with an Indicated Resource of 831 million tonnes at 867 ppm Li (3.835 million tonnes LCE) and an Inferred Resource of 1.12 billion tonnes at 860 ppm Li (5.126 million tonnes LCE), based upon a cut-off grade of 300 ppm Li.

So that gives us a total of 8,961 Tonnes of LCE

Net present value (NPV-8%)

$1.45 billion

After this report another 6 holes were drilled in the open proposed open pit area and because they were drilled deeper, we should in my humble opinion.. expect that the total tonnes of LCE to increase in the next PFS report..

We can also expect in the PFS ... that this last 6 holes will not only increase the tonnage.... but will elevate some of the Indicated and Inferred tonnage to ...
a measured mineral resourse .. giving us and future shareholders much more confidence and share price appreciation.

??? ... $$$

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