Grid Metals commissions maiden cesium-lithium resource estimate for Falcon West Lucy South pegmatite
Reuters2026/08/06 16:41- Grid Metals commissioned SGS Canada to deliver a maiden cesium-lithium mineral resource estimate for the Lucy South pegmatite at Falcon West in Manitoba.
- Results are expected this fall; the property sits in a joint venture with Avenir Minerals.
- Avenir paid CAD 3.75 million for a 15% stake in Falcon West; it can later lift to 30% on a PEA or mine plan.
- Phase 2 drilling returned high-grade cesium intervals, including 2.75 m at 5.44% Cs2O and 0.6 m at 14.42% Cs2O.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pons: $20.93 million has been paid to token creators over the past 47 days
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
Crypto prices
More
