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Bullboard - Stock Discussion Forum Plateau Energy Metals Inc. PLUUF

Plateau Energy Metals Inc is an exploration stage company. The company is in the process of acquisition, and exploration, and evaluation of mineral properties in Peru. It is principally engaged in the exploration for uranium on its properties located in the Macusani plateau region of southeastern Peru and the Falchani lithium project.

GREY:PLUUF - Post Discussion

Plateau Energy Metals Inc. > INN talked with Peru's mines & energy minister at PDAC 2019
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Post by juanPeru on Mar 29, 2019 8:38am

INN talked with Peru's mines & energy minister at PDAC 2019

https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/mines-energy-minister-lithium-potential-bright/
Mines and Energy Minister: Lithium Potential Bright for Resource-rich Peru

At this year’s Prospectors & Developers Association of Canada (PDAC) convention, the Investing News Network had the chance to talk to Peru’s mines and energy minister, Francisco Ismodes:



At 2:43:

What about the lithium sector in particular? What opportunities do you see for Peru to grow in this space?
 
Peru, within its geological richness — it has been announced recently the discovery of a very important lithium deposit, which has generated a lot of expectations. Those are initial announcements about exploration results. There is a process that will continue to confirm the important reserves which are now resources. With that, we will be in an expectant position to promote this production in our country knowing that this is a mineral which allows a use that is developing, which is in electric cars, all the lithium that is used in batteries. That truly makes us expectant to see what is to come.
 
Are you working with miners to develop exploration projects in this space? Or what is your goal? Do you think Peru could be part of a “Lithium Square”?
 
Of course, we have an organization, an institute that is affiliated with the energy and mines ministry, and it’s called INGEMMET, which is the one that evaluates projects geologically, of the country as a whole. We’ve asked INGEMMET to work closely with the company that is exploring in the Puno region to understand and know a bit more about this deposit and give them everything they might need to develop it. At the same time, in Puno and the south region of our country there’s a great potential, mainly in copper, but there are other opportunities that are being discovered.

Seeing to this interview, what do you think will Ministry of Energy and Mines (MINEM) say about the last "bureaucratic issue" PLU is facing? Remember MINEM is the last administrative instance in this topic.
Comment by Y93H1979 on Mar 30, 2019 6:15am
Just pass the legislation already! Common! Does anyone get the feeling PLU is waiting for legislation before they announce metalurgy? They have hinted on many occasions that they have new data available, such as the heap leachability, the production of hydroxide etc. Surely, this would warrant an announcement to the market under different circumstances?
Comment by juanPeru on Mar 30, 2019 8:39am
On March 1st Mines and Energy minister Ismodes said "pending regulations for uranium mining should be finished in a month" and on March 4th Alex said "we're probably about four or six weeks away from being able to talk to the market about the outcomes of that (met) work". So yes, It seems PLU is adjusting its met work news release to MINEM's announcement. Good news ...more