By Jocelyn Aspa
Here is a (very) brief overview of some lithium basics and what’s been happening in the market lately.
It’s possible that amendments to the conflicts minerals section of the act could be coming.
SUDBURY, ON / ACCESSWIRE / September 13, 2016 / Frontier Lithium (TSXV:FL) formerly Houston Lake Mining Inc. (TSXV:HLM) announced today that it has awarded a Phase II Metallurgical Study on its PAK Lithium Project to XPS Consulting & Testwork Services (“XPS”), a company with laboratories headquartered in Falconbridge (Ontario) Canada.
Houston Lake Mining Inc. (TSXV:HLM) announced that it has changed its name to Frontier Lithium Inc. and that its outstanding common shares will trade under the stock symbol “FL.”
Houston Lake Mining Inc. (TSXV:HLM) announced all of the 1.4 million stock options Houston Lake Mining Inc. previously granted in 2011 at 14 cents per common share have been exercised for aggregate proceeds of $196,000.
Houston Lake Mining Inc. (TSXV:HLM) announced it has fulfilled its obligations under an asset purchase agreement, dated effective Dec. 8, 2010, with two arm’s-length parties, to acquire 100-per-cent ownership in certain mineral properties located in the Red Lake mining district of Northwestern Ontario.
Houston Lake Mining Inc. (TSXV:HLM) announced it has closed a non-brokered private-placement offering for a total of 3,864,929 units of the company priced at 21 cents per unit for total gross proceeds of $811,635.
Catalyst Copper was the top-gaining mining stock on the TSXV this week. It was followed by Lupaka Gold, Otis Gold, Houston Lake Mining and Euromax Resources.
Huston Lake Mining Inc. announced a Canadian National Instrument (N.I.) 43-101 mineral resource estimate for the PAK Lithium Project, located in northwestern, Ontario.
Houston Lake Mining (TSXV:HLM) reported results from 2015 stripping and in-fill channel sampling at the upper intermediate zone of the Pakeagama Lake pegmatite.
Houston Lake Mining (TSXV:HLM) has announced the appointement of Mike Tamlin to the board of directors of the company.
Houston Lake Mining (TSXV:HLM) announced results from its Phase IV drill program testing the orientation of the eastern extension at its Pakeagama Lake pegmatite. Drill results have added to the eastern extension of the pegmatite, with one hole intersection 2.59 percent lithium oxide over 40 meters.
Houston Lake Mining (TSXV:HLM) announced the appointment of Bruce Barker LLB to its board of directors.
The Investing News Network spoke with Critical Elements (TSXV:CRE) CEO Jean-Sébastien Lavallée to get a bit more insight take-or-pay offtake agreement announced this week.
Houston Lake Mining (TSXV:HLM) announced the final three drill results from its Phase III diamond drill program at its PAK lithium project. The program was designed to define the upper extent of mineralization along the eastern extension between holes PL-13-001 and PL-010-14.