Tag Archives: mining
PDAC 2022 ‘Prospectors & Developers Association of Canada’ 90th Year
Exciting News: The PDAC is back in person in 2022, for its 90th birthday!
The date of the show will now be held from June 13-15 in person and June 28-29 online.
This is a change from the usual spot in early March, probably due to ongoing pandemic considerations.
After 2 years of being hosted online only due to the Covid pandemic it appears 2022 will see the world renowned Prospectors and Developers Association of Canada back in all it’s glory.
Also looks like this years event will be busy as we see this announcement on the official website:
“Please note that exhibit space for the in person portion of the Trade Show is sold out. See below for more details.” Prior years regularly have seen well over 30,000 attendees so we expect the event to be very busy this year given that the pandemic measures continue to normalize.
You can register by clicking this link: PDAC 2022 Registration
-The location for exhibits and trade show events at the Metro Toronto Convention Centre in downtown Toronto at 222 Bremner Boulevard, Toronto Canada.
As usual we expect to see various company parties and evening events hosted at other venues in the surrounding downtown area as in pre covid years. There is usually a list of events posted in the lobby of the Royal York Hotel and
flyers posted and so on in the convention area and at the exhibit booths.
2022 promises to be a very exciting year as there has been a lot of important discoveries and the term ‘commodities supercycle’ has become popular lately, as well as the need for certain metals to support national defense and various industries that rely on a secure supply of metals for their products. This has lent a more than usual sense of urgency to the important task of finding new mineral resources.
Hope to see you there!
Editor,
The Canadian Junior Report
PDAC Contact Address:
–Prospectors & Developers
Association of Canada
800-170 University Avenue
Toronto, Ontario M5H 3B3
416 362 1969
info@pdac.ca convention@pdac.ca
Global Lithium demand continues to Dazzle
LITHIUM! The new oil?
One of the biggest commodity stories of 2021 is the enormous demand for lithium to supply batteries for electric vehicles. Electric vehicle production has grown at a staggering pace for anyone aware that not that long ago all the electric cars made were taken out into the desert and destroyed! Now I wonder who was behind those shenanigans?
At any rate we have a new consciousness which declares that electric vehicles are going to save the planet from overheating and we need them to replace ICE vehicles as soon as yesterday.
For this to occur we need batteries and lots of them! Those batteries take lithium to construct, hence the lithium price has soared to all time highs of approximately $30,000.00/ton U.S. as companies and countries move aggressively to obtain reliable supplies.
Further, according to data from the website MarketsandMarkets.com, (Article Link)the demand by 2025 will increase by more than double:
The lithium compounds market is projected to grow from USD 5.3 billion in 2020 to USD 13.5 billion by 2025, at a CAGR of 20.6% from 2020 to 2025.
A junior exploration company which we own shares in largely because of faith in management is Infinite Ore Corp. (ILI.V OTCQB-ARXRF)
Jackpot Lithium deposit is the name of their established lithium deposit near Thunder Bay Ontario which is high grade although is rather small at present and needs to be expanded by more exploration. Jackpot is approximately 2 million tones of over 1% lithium which is considered high grade.
ILI has very recently closed a financing for approximately $8 million (cad) to expand their lithium holdings although it is unclear at this point where they will focus their spending.
We await further guidance from management, and the prospect has not gone unnoticed as the company valuation has basically doubled recently on the news of financing. The financing was done around 100% below where the share price was trading so that tells you something positive is happening in the sector and the company as well/
Stay tuned for updates and “GO Lithium!”
Disclosure: Editor owns shares of Infinite Ore Corp. and may buy or sell at any time. Infinite Ore Corp. is
-
not
a paid client.
API:CSE-Appia Announces Assay Results, Additional Land Acquisitions, A New Discovery And Drilling Update
Sept 01, 2021
Appia Energy Corp. continues to move full speed ahead with their 2021 exploration program at Alces Lake, Saskatchewan. Having recently added critical metals expert Jack Lifton to the Advisory Board, and with 13 geologists working at the project plus a winter camp set-up there is a lot of excitement in the air!
Recent results have added to the energy surrounding the Alces Lake rare earth/critical rare earth prospect with additional land being acquired.
“Acquisition of a further 11,055.4 hectares (27,318.5 acres) of land contiguous to the claim block at
Alces Lake, increasing the 100% owned landholdings to 35,682.2 hectares (88,,172.7 acres),
doubling the landholdings from the start of the 2021 exploration season.”
NEW ZONE DISCOVERED:
The Sweet Chili Heat zone (“SCH”), among others (Figure 2), is a new discovery that was found as a direct
result of the new airborne survey. As a result of the analysis of the geophysical data and geologic work done at the location, the SCH zone has been prioritized for drilling in the near future. Monazite mineralization has an exposed strike length of ~25m, with elevated radiation readings continuing under ground cover for an additional ~30m. Observed mineralization indicates that the SCH is a highly prospective target.”
DIAMOND DRILLING
With two drills active on the property, there are so many occurrences to explore that the diamond drilling program is being extended from 5000 meters to a possible total of 10,000 meters. As was mentioned earlier there is now a winter camp set-up and earlier grab samples have been assayed by the SRC (Saskatchewan Research Council) laboratories. With all this activity and focus we can expect a steady flow of news from Appia moving forward.
We will continue to follow this company on their exciting journey to become a rare earth/critical rare earth producer right here in our own Canadian back yard, one of the highest grade discoveries in the world.
Disclaimer:
Editor owns shares in this company and may buy or sell at any time.
Appia Energy (API.C) working in the Athabasca Basin
April 23, 2019
Appia Energy has finished the winter drill program on their Loranger property.
All of the drill core samples have been sent to Saskatchewan Research Council’s Geoanalytical Laboratory, an ISO/IEC 17025:2005 (CAN-P-4E) certified laboratory in Saskatoon, Sask. and will be released pending company review.
Full press release can be viewed here: Loranger Press Release
