For thousands of other reports visit RSC's Mineral Intellingence Map
Lithium Americas Corp.
Summary
| Project: | Thacker Pass | |
|---|---|---|
| Deposit: | Thacker Pass | |
| Location: | United States | |
| Commodities: | Lithium-Potassium-Sodium | |
| Date: | 6/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 21-6-2018: Lithium Americas Corp. announces a Pre-Feasibility Study report for its Thacker Pass deposit at the Thacker Pass project. PEA results incl. post-tax NPV of US $2.6B (8%), IRR of 29.3%, 46yr LOM at the project. Vancouver, Canada: Lithium America | |
| Resources: | (Reserve, P+P): 179.422Mt @ 3283ppm Li for 589000t Li contained | |
| CP/QP: | [Overall Report]: Rob Spiering (WorleyParsons) | |
| ABSTRACT: | Vancouver, Canada: Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to provide the results of a Preliminary Feasibility Study ("PFS") for the Thacker Pass lithium project ("Thacker Pass" or the “Project”) in Humboldt County, Nevada. Unless otherwise stated, all figures are quoted in U.S. dollars ("$") and are reported on a 100% equity project basis. Thacker Pass is located in the McDermitt Caldera and is 100% owned by Lithium Nevada Corp. (“Lithium Nevada”), a wholly-owned subsidiary of Lithium Americas. The PFS, prepared and approved by WorleyParsons Canada Inc. (“WorleyParsons”), demonstrates a design capacity of 60,000 tonnes per annum (“tpa”) of battery-grade lithium carbonate (“Li2CO3”) with initial production capacity of 30,000 tpa (“Phase 1”) and increasing to 60,000 tpa (“Phase 2”). The PFS supports a proven and probable reserve estimate (“Mineral Reserves”) of 179.4 million tonnes of ore with an average grade of 3,283 parts per million lithium (“ppm Li”) containing 3.1 million tonnes of lithium carbonate equivalent (“LCE”). “The strong economics demonstrated by the PFS clearly support the commercial potential for this large, high-grade clay-based lithium resource,” commented Alexi Zawadzki, Lithium Americas’ President of North American Operations. “With the experience of our team and leveraging our strong partner relationships, we plan to rapidly advance this scalable project to become the leading source of lithium production in the USA.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report