Eye on Lithium: PMT begins monster drilling campaign in James Bay
Mining
Mining
Your lithium roundup for Wednesday January 17.
Leading the biggish-gun lithium news today, Patriot Battery Metals (ASX:PMT) has announced the largest lithium drill campaign in Quebec – Canada’s hottest “white gold” province – is now underway.
The 2024 drill campaign at the $420m company’s Corvette property is targeting a minimum of 45,000m over the January to April period – the winter program.
At least 10 drill rigs are lined up for spinning for the four months, which defines it as a large-scale undertaking.
How’s this work in the depths of a finger-freezing, organ-shrivelling Canadian winter? PMT reports the winter access road is fully operable at this stage, reducing the dependency on choppers, so the expectation is the per-metre cost shouldn’t be overly high.
Core assay results remain to be reported for more than 125 drill holes, including ~1.5 km of prospective pegmatite trend across the CV5 and CV13 pegmatites.
An updated mineral resource estimate won’t be coming from PMT until later in the year, third quarter.
Situated in the Eeyou Istchee James Bay region of Quebec, PMT’s Corvette Property is Patriot Battery Metals flagship project.
Its CV5 Spodumene Pegmatite, has an impressive MRE – 109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 (tantalum pentoxide) inferred.
FIN has identified multiple pegmatite trends across new claims at its Cancet West project in James Bay, Canada. Trends appear associated with Lac Guyer greenstone belt, which hosts the Cancet and Corvette deposits.
Also, the company notes that approvals for its initial highly anticipated drilling of its White Bear site are expected soon.
Read more > here.
Torque Metals Limited has completed its 100% acquisition of an extensive package of tenements that make up what it’s dubbed the Penzance Exploration Camp.
The company hasn’t wasted a single second (well, maybe one or two), immediately putting an RC drill campaign in place at the New Dawn lithium project – “to extend the scale of spodumene lithium bodies”.
New Dawm is strategically located just 600m west of the active Bald Hill lithium mine in WA, which belongs to Aussie mining giant Mineral Resources (ASX:MIN).
Read more > here.
The last four of holes from TG Metals’ 2023 drilling campaign at the highly prospective Burmeister lithium deposit at Lake Johnston have uncovered a new best intersection of 17.1m @ 1.66% Li2O.
And now the company has just kicked off a new 6,000m RC drill campaign at the location.
As Stockhead has previously reported, when TG Metals unearthed a core sample of up to 2.28% Li2O from the first hole at Burmeister, it sparked a pegging rush.
The emerging Lake Johnston lithium province, in WA’s Goldfields-Esperence region, now has an impressive list of explorers proving up the region’s potential.
These include: Rio Tinto (ASX:RIO) , which has engaged in a farm-in to Charger Metals’ (ASX:CHR) own Lake Johnston project, as well Mt Malcolm Mines (ASX:M2M) and Kingsland Minerals (ASX:KNG).
Anson Resources (ASX:ASN) +21%
Red Mountain Mining (ASX:RMX) -14%
Iceni Gold (ASX:ICL) -13%
Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop. (Note: figures accurate per ASX at 3pm.)
Stocks missing from this list? Email [email protected] and [email protected]
CODE | COMPANY | TODAY | WEEK | 1 MONTH % | 12 MONTH % | PRICE | MARKET CAP |
---|---|---|---|---|---|---|---|
ADV | Ardiden Ltd | 0% | -6% | 3% | -51% | 0.17 | $10,627,976 |
AGY | Argosy Minerals Ltd | 5% | -8% | -8% | -82% | 0.115 | $154,484,825 |
1MC | Morella Corporation | 13% | -18% | -25% | -68% | 0.0045 | $24,715,198 |
AML | Aeon Metals Ltd. | 0% | 11% | 11% | -63% | 0.01 | $10,964,006 |
ASN | Anson Resources Ltd | 21% | 4% | -14% | -40% | 0.12 | $127,288,178 |
AVZ | AVZ Minerals Ltd | 0% | 0% | 0% | 0% | 0.78 | $2,752,409,203 |
CXO | Core Lithium | -5% | 3% | -34% | -81% | 0.2 | $448,756,464 |
EMH | European Metals Hldg | 0% | -13% | -39% | -50% | 0.33 | $41,657,720 |
EUR | European Lithium Ltd | -4% | 3% | 35% | 3% | 0.089 | $129,664,243 |
GLN | Galan Lithium Ltd | -2% | -13% | 2% | -51% | 0.58 | $208,548,645 |
INF | Infinity Lithium | 2% | 2% | -4% | -22% | 0.098 | $44,408,841 |
INR | Ioneer Ltd | -9% | -6% | 7% | -78% | 0.1225 | $285,040,640 |
JLL | Jindalee Lithium Ltd | 2% | 13% | 33% | -42% | 1.08 | $63,817,073 |
LIT | Lithium Australia | 0% | 3% | 0% | -39% | 0.03 | $36,665,750 |
LKE | Lake Resources | -5% | -13% | -19% | -87% | 0.105 | $156,468,918 |
LPD | Lepidico Ltd | -6% | -6% | -6% | -56% | 0.0075 | $61,106,464 |
LPI | Lithium Pwr Int Ltd | 0% | 0% | 3% | 16% | 0.5575 | $355,493,683 |
LTR | Liontown Resources | -3% | -12% | -7% | -10% | 1.345 | $3,342,338,962 |
MIN | Mineral Resources. | 0% | -11% | -10% | -32% | 59.975 | $11,679,955,852 |
MLS | Metals Australia | 0% | 3% | 3% | -27% | 0.035 | $21,841,267 |
AKE | Allkem Limited | 0% | 0% | 18% | -13% | 9.83 | $6,304,350,967 |
PLL | Piedmont Lithium Inc | -7% | -18% | -32% | -64% | 0.31 | $129,279,348 |
PLS | Pilbara Min Ltd | -3% | -9% | -11% | -13% | 3.495 | $10,834,084,602 |
QPM | Queensland Pacific | -3% | -5% | -5% | -58% | 0.0485 | $100,627,016 |
PSC | Prospect Res Ltd | 0% | -2% | 2% | -32% | 0.085 | $39,383,217 |
RLC | Reedy Lagoon Corp. | 0% | 0% | 0% | -53% | 0.005 | $3,097,704 |
SYA | Sayona Mining Ltd | -6% | -18% | -29% | -80% | 0.046 | $504,371,505 |
TKL | Traka Resources | 0% | 0% | -36% | -64% | 0.002 | $1,750,659 |
TON | Triton Min Ltd | 0% | -13% | -5% | -43% | 0.021 | $32,789,246 |
VUL | Vulcan Energy | -1% | -11% | -17% | -70% | 2.11 | $368,236,237 |
GL1 | Globallith | -8% | -33% | -53% | -72% | 0.615 | $173,076,424 |
BMM | Balkanminingandmin | 0% | 0% | -5% | -69% | 0.1 | $7,104,051 |
LEL | Lithenergy | 0% | -5% | -10% | -34% | 0.52 | $53,565,200 |
ARN | Aldoro Resources | -2% | -9% | 6% | -63% | 0.088 | $12,116,137 |
NMT | Neometals Ltd | -1% | 4% | -1% | -80% | 0.1825 | $115,197,708 |
IGO | IGO Limited | -1% | -13% | -17% | -50% | 7.38 | $5,641,645,207 |
AAJ | Aruma Resources Ltd | 0% | 4% | 4% | -67% | 0.027 | $5,316,071 |
PAM | Pan Asia Metals | -6% | 0% | 23% | -59% | 0.16 | $28,528,852 |
AX8 | Accelerate Resources | -3% | -11% | -23% | 19% | 0.031 | $18,339,256 |
AM7 | Arcadia Minerals | 0% | 1% | -10% | -68% | 0.07 | $7,633,507 |
AS2 | Askarimetalslimited | -12% | -12% | -21% | -77% | 0.15 | $13,251,536 |
BYH | Bryah Resources Ltd | 0% | -7% | 4% | -47% | 0.013 | $5,636,894 |
EMS | Eastern Metals | 0% | 0% | 9% | -54% | 0.036 | $2,967,345 |
FG1 | Flynngold | -4% | 4% | 15% | -43% | 0.055 | $8,306,282 |
FRS | Forrestaniaresources | -3% | 17% | 13% | -79% | 0.035 | $5,824,287 |
GSM | Golden State Mining | 0% | -8% | -25% | -77% | 0.012 | $3,352,448 |
IMI | Infinitymining | 0% | 8% | -10% | -51% | 0.13 | $15,437,941 |
LRV | Larvottoresources | 3% | 1% | -13% | -54% | 0.069 | $14,981,980 |
MMC | Mitremining | -5% | -13% | -11% | -26% | 0.21 | $12,471,278 |
RAG | Ragnar Metals Ltd | 0% | -8% | 5% | 72% | 0.023 | $10,901,562 |
CTN | Catalina Resources | 0% | -13% | -30% | -61% | 0.0035 | $4,334,704 |
TMB | Tambourahmetals | 0% | -4% | -15% | 0% | 0.11 | $9,123,439 |
TEM | Tempest Minerals | 0% | 0% | 0% | -70% | 0.008 | $4,152,995 |
EMC | Everest Metals Corp | 3% | -4% | 1% | -25% | 0.082 | $13,062,649 |
WCN | White Cliff Min Ltd | -11% | 60% | 60% | 7% | 0.016 | $22,983,468 |
WML | Woomera Mining Ltd | -14% | -25% | -36% | -5% | 0.018 | $25,580,919 |
AZL | Arizona Lithium Ltd | 0% | -7% | -33% | -61% | 0.026 | $97,678,643 |
CRR | Critical Resources | -6% | -15% | -15% | -61% | 0.017 | $32,001,305 |
KGD | Kula Gold Limited | 0% | -19% | -19% | -52% | 0.013 | $5,451,755 |
LRS | Latin Resources Ltd | 2% | -2% | 2% | 96% | 0.235 | $642,575,426 |
PNN | Power Minerals Ltd | -3% | -7% | -14% | -66% | 0.19 | $17,038,340 |
WR1 | Winsome Resources | 1% | -16% | -30% | -60% | 0.725 | $136,411,311 |
KZR | Kalamazoo Resources | 0% | -25% | 0% | -50% | 0.105 | $18,166,872 |
MTM | MTM Critical Metals | 7% | -30% | 281% | 1% | 0.08 | $7,457,781 |
QXR | Qx Resources Limited | 0% | -9% | -16% | -59% | 0.021 | $23,311,635 |
SCN | Scorpion Minerals | 0% | -3% | -21% | -57% | 0.03 | $12,283,686 |
AZI | Altamin Limited | 13% | 9% | 21% | -20% | 0.063 | $23,974,829 |
ENT | Enterprise Metals | 0% | 0% | 0% | -56% | 0.004 | $3,207,884 |
KAI | Kairos Minerals Ltd | -7% | -7% | -13% | -40% | 0.013 | $36,692,771 |
STM | Sunstone Metals Ltd | -4% | -12% | -12% | -73% | 0.0115 | $41,852,819 |
PGD | Peregrine Gold | 0% | -8% | 28% | -41% | 0.295 | $19,763,962 |
AVW | Avira Resources Ltd | 0% | 0% | 100% | -33% | 0.002 | $4,267,580 |
NVA | Nova Minerals Ltd | 0% | -4% | -17% | -52% | 0.325 | $68,539,237 |
GT1 | Greentechnology | -3% | -22% | -26% | -79% | 0.195 | $63,450,419 |
BNR | Bulletin Res Ltd | 10% | -21% | -8% | 5% | 0.11 | $29,361,332 |
CAI | Calidus Resources | -6% | 4% | 19% | -47% | 0.2075 | $134,710,617 |
MRR | Minrex Resources Ltd | 7% | 0% | -12% | -61% | 0.015 | $15,188,145 |
A8G | Australasian Metals | -4% | -10% | -10% | -34% | 0.135 | $7,296,869 |
EFE | Eastern Resources | 0% | 0% | -11% | -56% | 0.008 | $9,935,572 |
MQR | Marquee Resource Ltd | 0% | -8% | -14% | -48% | 0.024 | $9,921,225 |
SRZ | Stellar Resources | 8% | -19% | -19% | -54% | 0.0065 | $6,894,159 |
LSR | Lodestar Minerals | 0% | 17% | -13% | -30% | 0.0035 | $7,081,891 |
NWM | Norwest Minerals | -4% | -24% | -4% | -61% | 0.026 | $7,764,377 |
AOA | Ausmon Resorces | 0% | 0% | 0% | -50% | 0.003 | $3,020,998 |
VKA | Viking Mines Ltd | 0% | 0% | 25% | 88% | 0.015 | $15,378,876 |
IPT | Impact Minerals | -4% | -8% | 20% | 50% | 0.012 | $35,808,799 |
SRI | Sipa Resources Ltd | -7% | 4% | -10% | -40% | 0.026 | $6,388,428 |
VMC | Venus Metals Cor Ltd | 0% | -5% | -13% | 23% | 0.1 | $18,972,868 |
RGL | Riversgold | 5% | -13% | -13% | -63% | 0.0105 | $9,676,615 |
ZNC | Zenith Minerals Ltd | -3% | 36% | 3% | -32% | 0.17 | $61,666,655 |
RAS | Ragusa Minerals Ltd | -5% | 19% | 3% | -68% | 0.038 | $5,703,951 |
G88 | Golden Mile Res Ltd | -6% | -11% | -6% | -20% | 0.017 | $5,929,011 |
EPM | Eclipse Metals | 0% | 29% | 29% | -57% | 0.009 | $18,562,988 |
EVR | Ev Resources Ltd | 8% | 0% | 44% | -13% | 0.013 | $13,195,060 |
WC8 | Wildcat Resources | 0% | -19% | -28% | 1588% | 0.54 | $645,752,586 |
MNS | Magnis Energy Tech | 0% | 0% | 0% | -90% | 0.042 | $50,378,922 |
RIO | Rio Tinto Limited | 0% | -4% | -5% | 4% | 126.54 | $47,018,245,665 |
THR | Thor Energy PLC | -3% | 34% | 50% | -35% | 0.039 | $7,441,453 |
YAR | Yari Minerals Ltd | 0% | 0% | 22% | -39% | 0.011 | $5,305,936 |
MXR | Maximus Resources | 8% | 24% | 20% | -2% | 0.042 | $12,516,885 |
DRE | Dreadnought Resources Ltd | -4% | -4% | -16% | -74% | 0.026 | $93,934,970 |
MM1 | Midasmineralsltd | 4% | -4% | 4% | -26% | 0.13 | $10,843,406 |
M2R | Miramar | 0% | 20% | 11% | -61% | 0.03 | $4,466,086 |
LLI | Loyal Lithium Ltd | 0% | -12% | 8% | -7% | 0.335 | $27,901,252 |
LRD | Lordresourceslimited | 0% | 9% | -11% | -67% | 0.062 | $2,302,192 |
WMC | Wiluna Mining Corp | 0% | 0% | 0% | 0% | 0.205 | $74,238,031 |
AUN | Aurumin | -3% | 15% | 41% | -52% | 0.031 | $11,470,179 |
ZEO | Zeotech Limited | 0% | -3% | -20% | -38% | 0.028 | $48,535,846 |
ALY | Alchemy Resource Ltd | 0% | -10% | -10% | -50% | 0.009 | $10,602,686 |
LIS | Lisenergylimited | 17% | 2% | -17% | -59% | 0.1575 | $86,427,031 |
GW1 | Greenwing Resources | 0% | -13% | 17% | -68% | 0.105 | $18,296,406 |
KTA | Krakatoa Resources | 5% | -33% | -46% | -49% | 0.022 | $9,914,252 |
TYX | Tyranna Res Ltd | 0% | 0% | 0% | -28% | 0.0165 | $54,242,518 |
DAF | Discovery Alaska Ltd | 8% | 0% | 59% | -4% | 0.027 | $5,855,867 |
FTL | Firetail Resources | 0% | -10% | -22% | -56% | 0.064 | $9,529,956 |
IR1 | Irismetals | -10% | -15% | -29% | -37% | 0.73 | $105,530,260 |
LNR | Lanthanein Resources | -10% | -18% | -10% | -59% | 0.009 | $12,898,119 |
DAL | Dalaroometalsltd | 0% | 4% | 14% | -72% | 0.025 | $2,068,750 |
TKM | Trek Metals Ltd | 0% | 3% | -11% | -44% | 0.04 | $20,523,074 |
CY5 | Cygnus Metals Ltd | 0% | -9% | -19% | -73% | 0.105 | $30,613,710 |
TUL | Tulla Resources | 0% | -100% | -100% | -100% | 0 | $118,262,971 |
WES | Wesfarmers Limited | 0% | 0% | 4% | 17% | 57.06 | $64,625,421,186 |
LLL | Leolithiumlimited | 0% | 0% | 0% | -9% | 0.505 | $498,553,663 |
OCN | Oceanalithiumlimited | 2% | -14% | -25% | -81% | 0.0865 | $4,596,503 |
A11 | Atlantic Lithium | 0% | 0% | -17% | -38% | 0.405 | $255,321,509 |
CMD | Cassius Mining Ltd | 0% | 6% | 9% | 76% | 0.037 | $18,596,591 |
VSR | Voltaic Strategic | 0% | -16% | -24% | -45% | 0.016 | $7,729,662 |
SGQ | St George Min Ltd | 0% | -6% | -6% | -54% | 0.033 | $32,476,246 |
LLO | Lion One Metals Ltd | -3% | 1% | -3% | -17% | 0.93 | $14,712,692 |
PAT | Patriot Lithium | -3% | -14% | -23% | -47% | 0.155 | $10,962,741 |
PL3 | Patagonia Lithium | 0% | 0% | 8% | 0% | 0.13 | $6,386,705 |
BUR | Burleyminerals | -11% | -17% | -26% | -48% | 0.125 | $14,461,546 |
CHR | Charger Metals | 0% | 6% | -3% | -63% | 0.17 | $13,161,443 |
RMX | Red Mount Min Ltd | -14% | 0% | 0% | -40% | 0.003 | $9,357,516 |
DLI | Delta Lithium | -7% | -22% | -44% | -40% | 0.28 | $213,545,893 |
LM1 | Leeuwin Metals Ltd | -11% | 0% | -19% | 0% | 0.125 | $6,559,234 |
ENT | Enterprise Metals | 0% | 0% | 0% | -56% | 0.004 | $3,207,884 |
FIN | FIN Resources Ltd | 19% | -14% | 0% | 19% | 0.019 | $10,388,299 |
DTM | Dart Mining NL | 0% | 0% | 0% | -73% | 0.016 | $3,641,274 |
NIS | Nickelsearch | -13% | -32% | -38% | -69% | 0.047 | $11,531,292 |
EG1 | Evergreenlithium | -7% | -15% | -26% | 0% | 0.14 | $8,434,500 |
MAN | Mandrake Res Ltd | 18% | 18% | 2% | -2% | 0.045 | $23,398,877 |
FBM | Future Battery | 12% | -4% | -3% | 18% | 0.066 | $31,491,603 |
XTC | XTC Lithium Limited | 0% | 19900% | 19900% | -67% | 0.2 | $17,528,272 |
LPM | Lithium Plus | -2% | -19% | -35% | -31% | 0.255 | $22,356,932 |
KOB | Kobaresourceslimited | 17% | 40% | 18% | -26% | 0.098 | $8,855,000 |
EMC | Everest Metals Corp | 3% | -4% | 1% | -25% | 0.082 | $13,062,649 |
LRD | Lordresourceslimited | 0% | 9% | -11% | -67% | 0.062 | $2,302,192 |
IEC | Intra Energy Corp | 20% | -25% | 0% | -57% | 0.003 | $4,151,954 |
REC | Rechargemetals | 0% | -3% | -10% | -32% | 0.089 | $9,910,326 |
SLM | Solismineralsltd | -8% | -23% | -17% | 20% | 0.12 | $10,192,092 |
AZS | Azure Minerals | 0% | 0% | 2% | 1128% | 3.685 | $1,683,354,040 |
DYM | Dynamicmetalslimited | 0% | 3% | 14% | -16% | 0.16 | $5,600,000 |
TOR | Torque Met | 2% | -11% | 2% | 31% | 0.21 | $27,372,437 |
SBR | Sabre Resources | 4% | 0% | 0% | -40% | 0.029 | $10,138,485 |
ICL | Iceni Gold | -13% | -14% | 0% | -57% | 0.056 | $15,638,857 |
TMX | Terrain Minerals | 0% | 33% | 50% | 0% | 0.006 | $8,120,567 |
MHC | Manhattan Corp Ltd | 0% | 25% | 25% | -17% | 0.005 | $14,684,899 |
MHK | Metalhawk. | -11% | 4% | -4% | -19% | 0.125 | $13,918,022 |
NKL | Nickelxltd | -3% | -22% | -10% | -57% | 0.036 | $3,249,161 |
TMB | Tambourahmetals | 0% | -4% | -15% | 0% | 0.11 | $9,123,439 |
ANX | Anax Metals Ltd | -4% | -14% | -25% | -63% | 0.024 | $12,087,941 |
PMT | Patriotbatterymetals | -3% | -17% | -29% | -12% | 0.835 | $433,440,138 |
BM8 | Battery Age Minerals | 0% | -9% | 5% | -60% | 0.2 | $17,827,398 |
L1M | Lightning Minerals | 0% | -4% | -21% | -38% | 0.115 | $4,855,882 |
ADG | Adelong Gold Limited | 0% | 0% | 0% | -29% | 0.005 | $3,498,278 |
TOR | Torque Met | 2% | -11% | 2% | 31% | 0.21 | $27,372,437 |
AL8 | Alderan Resource Ltd | 0% | 0% | -9% | -38% | 0.005 | $5,534,307 |
OZM | Ozaurum Resources | -5% | -13% | -5% | 40% | 0.105 | $17,462,500 |
FL1 | First Lithium Ltd | -6% | -28% | -23% | 72% | 0.31 | $23,117,050 |
PLN | Pioneer Lithium | -3% | -8% | -13% | 0% | 0.175 | $5,116,500 |
WYX | Western Yilgarn NL | 3% | -3% | 0% | -17% | 0.095 | $4,568,490 |
RDN | Raiden Resources Ltd | -6% | -17% | -9% | 426% | 0.03 | $85,010,083 |
PFE | Panteraminerals | -2% | 12% | -7% | -62% | 0.055 | $7,426,863 |
GRE | Greentechmetals | 0% | -16% | -28% | 169% | 0.35 | $28,270,394 |
OLY | Olympio Metals Ltd | 0% | -5% | -14% | -41% | 0.095 | $6,041,952 |
SUM | Summitminerals | 6% | 0% | -5% | -29% | 0.1 | $4,479,770 |
JBY | James Bay Minerals | 2% | -2% | -15% | 0% | 0.255 | $8,111,250 |
SCN | Scorpion Minerals | 0% | -3% | -21% | -57% | 0.03 | $12,283,686 |
JNO | Juno | 0% | -5% | 5% | 7% | 0.105 | $19,104,252 |
CC9 | Chariot Corporation | 5% | -19% | -25% | 0% | 0.44 | $30,799,259 |
OBM | Ora Banda Mining Ltd | -1% | -2% | 9% | 150% | 0.235 | $405,357,844 |
RON | Roninresourcesltd | 0% | -3% | -26% | -3% | 0.16 | $5,892,002 |
ASR | Asra Minerals Ltd | 0% | 17% | -13% | -65% | 0.007 | $11,455,470 |
TG6 | Tgmetalslimited | -2% | -21% | -30% | 139% | 0.275 | $15,144,127 |
HAW | Hawthorn Resources | 0% | 0% | 1% | -9% | 0.1 | $33,501,561 |
KM1 | Kalimetalslimited | 12% | 5% | 0% | 0% | 0.55 | $37,407,627 |
AEV | Avenira Limited | 0% | 0% | -8% | -43% | 0.012 | $26,058,859 |