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Sokoman Minerals Corp V.SIC

Alternate Symbol(s):  SICNF

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. Its projects include Moosehead Gold, Fleur de Lys, Grey River Gold, Kepenkeck Gold, Killick Lithium, Crippleback Lake Gold, Startrek and Iron Horse. Moosehead Gold property includes 98 claims totaling 2,450 hectares adjacent to the Trans-Canada Highway in central Newfoundland. Fleur de Lys project of 1,891 claims on the Baie Verte Peninsula of NW. Grey River property in southern Newfoundland includes 324 claims in seven licenses, centered on the community of Grey River. Kepenkeck gold project, located in central Newfoundland. Killick Lithium Project is in southwestern Newfoundland. Crippleback Lake Gold Project is in proximity to the Trans-Canada Highway in north-central Newfoundland. Startrek Property is located 20 kilometers (km) east of the town of Gander, Newfoundland and Labrador, Canada. Iron Horse project is located over 120 km northeast of Labrador City, Labrador.


TSXV:SIC - Post by User

Post by Kewl002on Apr 21, 2023 6:55pm
202 Views
Post# 35408216

Chile's Lithium Nationalization Could Boost Cdn Producers

Chile's Lithium Nationalization Could Boost Cdn Producers

DJ Chile's Lithium Nationalization Plan Could Boost Canadian Producers -- Market Talk


Friday, April 21, 2023, 12:55 PM ET
 

12:55 ET - Chile's plans to nationalize the lithium industry could be bad for the country, but good for up-and-coming countries in the space like Canada. Ben Isaacson of Scotiabank says in a note that the move could hurt Chile in the long-run as foreign capital will face lower project returns. Already, capital has been finding new lithium spaces to settle into, "moving more toward hard rock resources in Australia, Canada, and the US, as Chile's brine resources do not offer a direct route to lithium hydroxide." The law will be presented to congress in 2H, but Isaacson notes that a similar proposal to give the state exclusive mining rights, including lithium, was rejected by Chile's Constitutional Assembly last May. (adriano.marchese@wsj.com)
 	

(END) Dow Jones Newswires

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