Lithium Ionic Corp.'s (LTH:TSX.V; LTHCF:OTCQX; H3N:FSE) Bandeira resource in Brazil's Lithium Valley is expected to expand even further with more drilling, noted a Clarus Securities report.
Atlas Lithium Corp. (ATLX:NASDAQ) recently announced the entrance of its Dense Media Separation (DMS) processing facility in Brazil, according to an Alliance Global Partners research note.
Q2 Metals Corp. (QTWOTSX-V; OTCQB:QUEXF) might be on its way to defining a globally significant hard rock lithium orebody, according to an Argonaut research note.
The final decision on this Brazilian project is due Feb. 28, and with a green light, the company could start construction, noted a BMO Capital Markets report.
Now, the outcome looks to be favorable given an overseeing Brazilian state agency recommended approval of the license, noted a Clarus Securities report.
A newly updated mineral resource estimate (MRE) for the Baixa Grande project in Minas Gerais, Brazil supports Desjardins Analyst Frederic Tremblay's "constructive view" on Lithium Ionic Corp. (LTH:TSX.V; LTHCF:OTCQX; H3N:FSE)
After increasing its total resource tonnage by 32%, the Baixa Grande project "is proving to be an attractive long-term production option" for Lithium Ionic Corp. (LTH:TSX.V; LTHCF:OTCQX; H3N:FSE), Canaccord Capital Markets Analyst Katie Lachapelle said in an updated research note.
Lithium Ionic Corp.'s (LTH:TSX.V; LTHCF:OTCQX; H3N:FSE) announcement of a 32% increase to its Baixa Grande resource combined with recent M&A activity next door implies a strong valuation for the deposit, a Stifel analyst notes.
