Bullboard - Stock Discussion Forum Sigma Lithium Corp V.SGML

Alternate Symbol(s): SGML

Metals & Mining Industrial Metals & Minerals

Sigma Lithium Corporation is a Canada-based global lithium producer dedicated to powering electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate. The Company's operations are vertically integrated. It operates at the forefront in the EV battery materials supply chain at its Grota do Cirilo Operation in Brazil. The Company... see more

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TSXV:SGML - Post Discussion

Sigma Lithium Corp > INCREASED AUDITED MINERAL RESOURCE BY 27% TO 109Mt

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Post by Betteryear2 on Jan 31, 2024 8:26am

INCREASED AUDITED MINERAL RESOURCE BY 27% TO 109Mt

SAO PAULO, Jan. 31, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced lithium materials, is pleased to announce a significant increase of its mineral resource estimate to 109 million tonnes at its Sigma Brazil, 100% owned Grota do Cirilo operation at Vale do Jequitinhonha: composed of 94.3Mt of measured & indicated ("M&I") mineral resource at an average grade of 1.40% Li2O, together with additional 14.6Mt of inferred mineral resource at 1.37% Li2O.

SIGMA LITHIUM SIGNIFICANTLY INCREASED AUDITED MINERAL RESOURCE BY 27% TO 109Mt: GROTA DO CIRILO IN BRAZIL BECOMES WORLD'S 4TH LARGEST OPERATING INDUSTRIAL PRE-CHEMICAL LITHIUM BENEFICIATION & MINING COMPLEX; GROTA DO CIRILO EXPECTED TO FURTHER INCREASE TO 150Mt (prnewswire.com)

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