Cobre Montana Reports 285 Percent Resource Upgrade at Cinovec

Cobre Montana (ASX:CXB) reported a 285 percent upgrade to its resource estimate at the Cinovec lithium-tin-tungsten project in the Czech Republic. Overall, the project now has a potential mineral inventory of 8 Mt of lithium carbonate equivalent.

As quoted in the press release:

The revised resource estimate has delivered a 285% tonnage boost to Cinovec’s inferred lithium resource. The large increase was in part prompted by the success of new test work by Cobre on Cinovec’s tailings. These tests achieved outstanding float recoveries of 98% and leach extraction of 99.5% lithium. In addition, the Company’s ability to recover lithium from the leach solutions, as battery-grade lithium carbonate, will further enhance project viability.

Click here to read the Cobre Montana (ASX:CXB) press release