Sirios Resources Inc V.SOI

Alternate Symbol(s): SIREF

Metals & Mining Gold

Sirios Resources Inc. is a Canada-based mineral exploration company. The Company is focused on developing its portfolio of high-potential gold properties in Eeyou Istchee James Bay, Canada. Its projects include Cheechoo, Aquilon, Maskwa, Li-52, Niska and Tilly 2. The Cheechoo gold project is located in the Eeyou Istchee James Bay region of Quebec, less than 15 kilometers (km) from Newmont’s Eleonore gold mine. The property consists of a main block of 121 claims, as well as a secondary block of 35 claims located about 20 km to the west. The Aquilon project covers 68 km2 of the Aquilon greenstone belt, in the La Grande subprovince of Quebec. The Maskwa gold project is located approximately 100 km southwest of Radisson and approximately 120 km east of Wemindji in Eeyou Istchee Baie-James, Quebec. The Li-52 property, located in Eeyou Istchee Baie-James, is made up of 550 claims covering an area of more than 286 square kilometers (km2).

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Post by sylvain_007on Feb 28, 2024 10:29am

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Post# 35903722

Changement de sujet, le prix du lithium monte en Chine

Lithium rally China +4.5% & China shuts 13% global lithium

Great news tonight in China.

Lithium rallying +4.5% in China to 109,100 yuan (used to be 95,500 yuan)

Here is the link:

https://finance.sina.com.cn/futures/quotes/LC0.shtml?fbclid=IwAR1ArBVaYtX1COs4R3tWxqYSQZF33ZUdkFkVDi_LSqxHvJ2149KxbyBugkI

(convert the page to English to read it)

AND,

Morgan Stanley released a surprisingly positive note on lithium overnight. Here are some of the highlights:

"We have learned that the Yichun government is requiring local lithium converters to: 1) Initiate self-inspection on environmental protection issues ahead of government inspections; 2)Track the direction of refining slags since late last year; and 3) Temporarily suspend transportation of refining slags across districts pending further classification of these refining slags."
- For context: Refining slags are waste products generated during the process of refining lithium. They may contain various impurities, including residual lithium compounds, other metals, and potentially hazardous materials.
"Some local lithium producers in Yichun ... have kept their operations suspended. The need for self-inspection may prolong these suspensions in the near term.
"Overall, we think the current supply disruptions and concerns will lift near-term market sentiment as lithium output in Yichun accounted for around 20% of China's total lithium production and approximately 13% of global supply in 2023, according to SSM."

https://www.marketindex.com.au/news/why-lithium-stocks-are-soaring-but-iron-ore-majors-are-sinking-on-wednesday