THOUGHTS -Would unlocking
full value potential include,
- potassium ( fertilizer )
- phosphates ( fertilizer )
- magnesium ( fertilizer )
- calcium ( fertilizer )
- thorium ( energy )
- uranium ( energy )
- helium ( off gassing of uranium )
Would 25% future formal jv with Denison permit,
Grounded to 25% profit of additional minerals, gases ?
Ahhh... junior should expand on this subject - agree ?
"Grounded remains steadfast in our vision to economically produce battery grade lithium with a focus on low-cost operations and this strategic investment from Denison is a major step in that regard," stated Gregg Smith, President & CEO. "Denison has a considerable operating footprint in Saskatchewan as well as an excellent reputation within the Province, and we continue to be impressed with the diligence and professionalism of the Denison team. We look forward to working together to unlock the full value potential of the KLP for the benefit of our respective shareholders. Further, the strategic investment from Denison in both GLC and the KLP eliminates many perceived or distinct risks in our anticipated path to commercial production."
David Cates, President and CEO of Denison commented, "Denison is excited to acquire a royalty and enter into an earn-in agreement with GLC that supports the further assessment of the KLP in
Saskatchewan. Denison has developed a unique platform for the de-risking of mine development projects in the Province with its innovative and highly skilled
Saskatoon-based technical, regulatory, and operations teams. Lithium is a complementary mineral to Denison's core uranium business, with both identified as critical minerals needed to support the clean energy transition. Brine extraction also has many similarities to the In-Situ Recovery mining method that the Company has successfully validated for use at its flagship Wheeler River uranium project in northern
Saskatchewan.
https://stockhouse.com/news/press-releases/2024/01/16/grounded-lithium-executes-strategic-investment-with-denison-mines