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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.


TSXV:LCE - Post by User

Century Lithium Corp
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Post by beaker2on Mar 31, 2022 5:07pm
363 Views
Post# 34564672

Cypress is looking very good!

Cypress is looking very good!A few points taken from the Announcement of the Results from its Lithium Extraction Pilot Plant in Nevada.

  • Dr. Bill Willoughby said they secured water rights last year and it’s enough to go ahead right now at full scale.              

 

  • Cypress is one of three clay companies that have completed the pilot plant stage.

 

  • Cypress got picked up by Alliance Global Partners and they set a C$3.75 price objective on Cypress Development. 

 

  • 40M in the treasury

 

  • Feasibility study has commenced on February 28, 2022 

 

  • Infrastructure and permitting is ongoing

 

  • Bill was saying that the 1000 gallons of solution they have on site needs to be evaporated down and then run it through electrolysis to become battery grade. Bill said this should hopefully happen by next quarter. 

 

  • Bill doesn’t seem to have any concerns for power supply in moving forward. He did mention that Cypress is located in one of the best spots in North America for solar power and geothermal.
  • Lithinm prices are still on the rise.
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