This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. Ivan Bender, caretaker of Cholla Canyon Ranch, said water flow at Cofer Hot Springs has dropped ever since Hawkstone Mining started drilling in the area. The project is vital to support the development of clean energy and provide future revenue to the Navajo Nation. Get the latest Stockhead news delivered free to yourinbox. Prairie Lithium Corporation recently entered into a preacquisition agreement with Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF), a company focused on the sustainable development of the Big Sandy Lithium Project in Arizona. On a recent hot afternoon in Wikieup, a rural community of around 100 people located on U.S. Highway 93 in western Arizona, locals, some wearing cowboy hats, sat in metal folding chairs at the local elementary school to learn about a potential new lithium mine project coming to the region. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Collaborative Action and Dispute Resolution, Bureau of Land Management invites public input on lithium exploration project near Wikieup. This article is available to paid digital subscribers. Ark Mines buys fairly advanced Sandy Mitchell REE project in Queensland for $200,000 cash; Stellar Resources drills to upgrade resources at flagship 7.6Mt @ 1.1% tin US-based mineral exploration company Arizona Lithium is advancing the development of the Big Sandy lithium project by starting a Definitive Feasibility Study Arizona Lithium Ltd. revealed plans to open a technologically advanced research and processing facility in the Valley and create hundreds of jobs. NTEC has a track record of excellence in safety and environmental stewardship that gives us confidence that every stage of the Big Sandy project will be handled with the utmost care.. The Permit of Exploration (POE) that includes 145 exploration holes and a bulk sample at the Companys Big Sandy Lithium project in Arizona is awaiting Bureau of Land Management (BLM) approval. KINGMAN, Ariz. The Bureau of Land Management (BLM), Kingman Field Office has completed a preliminary environmental assessment and is seeking public comment on a proposed exploration plan from Big Sandy Inc. that would allow for 145 drill sites and a bulk sample near the town of Wikieup in Mohave County. The BLM manages more than 245 million acres of public land located primarily in 12 western states, including Alaska, on behalf of the American people. ARIZONA Lithium managing director Paul Lloyd is hopeful the companys next drilling program will deliver the junior resources sufficient to underpin five decades of production at its flagship Big Sandy project. Megwetch. Diamond core drill holes are expected to reach target depths of approximately 300 feet. There has been insufficient exploration to estimate a mineral resource and it is uncertain whether future exploration will result in the definition of a mineral resource. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Become a member to support the independent voice of Phoenix Note: Search is limited to the most recent 250 articles. Netflix and Chill? Note: When you select a default region you will be directed to the MiningWeekly.com home page of your choice whenever you visit miningweekly.com. 2023 The Assay, Mining investment news, insights and company profiles. The project, located between Phoenix and Las Vegas, consists of 331 Bureau of Land Management Claims on about 9.6 square miles of land, and is an exceptional and easily accessible location for lithium extraction a key mineral for driving the energy transition. The information is not intended to imply any recommendation or opinion about a financial product. Arizona Lithium has much to be happy about. The claims have been granted and This represents 4% of the Big Sandy Project area that contains an estimated exploration target of between 271.1Mt to 483.15Mt at 1,000 >2,000ppm Li. Want more news about the $130 billion tribal economy? Mining Managing Director, Paul Lloyd, said promising new avenues are emerging to capitalise on the excellent infrastructure near the Big Sandy Lithium Project in Arizona, coupled with the strong Federal and Arizona stakeholder support for lithium and battery development. US mining boom a good news story for Arizona Lithiums Big Sandy project. Copies of the preliminary EA will be available for public review and commenting through BLMs ePlanning website. Big Sandy has Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision. Both of these prestigious, national awards underscore NTECs commitment to the people and environment of the Navajo Nation, and to creating energy options that will provide sustainable resources for the community. In his frustration, he lit his bottle on fire and threw it away, causing the fire to break out. Construction activity included a network of roads and about fifty exploratory wells 300 feet deep. We see the Big Sandy project and this strategic alliance with AZL as an outstanding opportunity for Navajo Transitional Energy Company to expand its role in furthering the clean energy economy, said Vern Lund, Chief Executive Officer of Navajo Transitional Energy Company, and in a way that benefits all stakeholders, including native tribes., As part of its strategic alliance with AZL, NTEC has committed to lead the operational development of Big Sandy, which will include everything from Bureau of Land Management project permitting, mine design, drilling environmental assessments, construction, and contract mining operations. We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library. Total Indicated and Inferred Resources of 32.5 Million Tonnes (Mt) grading 1,850 parts per million (ppm) Li or 320,800 tonnes Lithium Carbonate Equivalent (LCE), You should consider obtaining independent advice before making any financial decisions. WebBig Sandy Inc. (Big Sandy) has submitted an exploration plan (Plan) to the BLM KFO to conduct lithium exploration drilling activities near Wikieup, Arizona. As part of the Strategic Alliance Agreement, when NTEC meets certain mining development milestones with respect to the Big Sandy Lithium Project, it will receive remuneration in cash or AZL shares and options to purchase additional ordinary shares. Click here to sign in or get access. PHOENIX, Ariz. Arizona Lithium Limited and Navajo Transitional Energy Company have formed a strategic alliance to support a lithium-extraction project in NTEC owns the Navajo Mine, currently holds a 7-percent interest in the Four Corners Power Plant, and also owns and operates mines in Montana and Wyoming. To access earlier articles, click Advanced Search and set an earlier date range.To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. In fact, this year NTEC was the first company to have a single mine awarded both the Sentinels of Safety award from the National Mining Association for outstanding safety performance, and the National Award for Excellence in Surface Mining Reclamation from the Office of Surface Mining Reclamation and Enforcement (OSMRE). Prairie Lithium Corporation recently entered into a preacquisition agreement with Arizona Lithium Limited (ASX: AZL, AZLO, OTC: AZLAF), a company focused on the This exploration drilling project is proposed to disturb 26 acres of public land, located within several sections east of Wikieup. This setting is controlled by cookies and should your cookies be re-set you will then be directed to the regional edition associated with the geographic location of our IP address. ) or https:// means youve safely connected to the .gov website. NTEC will lead the operational development of Big Sandy, including Bureau of Land Management project permitting, mine design, drilling environmental assessments, construction, and contract mining operations. Or sign up for a premium digital subscription ($99/year or $10/month cancel anytime) to gain full 24/7/365 access to our business news reporting. independent local journalism in Phoenix. Was environmental justice served? Damon Clarke, chairman of the Hualapai Tribe, worries that the lithium mine will damage Cofer Hot Springs. DOI tells Michigan tribe it doesnt meet federal recognition criteria, Just a dream: Navajo bakery sprinkles baked goods with culture, history, AMERIND CEO Back at Helm after Year-long Spiritual Sabbatical, ANC joins with Anchorage PE firm on $250M fund, Illinois Man Sentenced to 30 Months in Prison For Defrauding Michigan Tribe, Indigenous investor raises $75M for Native-focused venture capital fund, Redding Rancheria Tribe launches new venture to fight wildfires, Weaving friendship with fabrics, Native women launch new retail store. Regional Indigenous people have organized walks to protest the mine, and they have served official notice multiple times to the BLM and the drilling company to stop the drilling [1]. Prairie Lithium, headquartered in Emerald Park, Sask., holds the highest-quality inferred lithium brine Morning Update Arizona Lithium managing director Paul Lloyd said: We are delighted to be fast-tracking the Definitive Feasibility Study in order to accelerate the development of the Big Sandy Project. It's free. Initial explorations on 4% of the Big Sandy project yielded an estimated production of 320,800 tonnes lithium carbonate. Four-hour duration leaching tests on the concentrate at 700C have yielded 87% lithium extraction. The agreement allows ALZ and NTEC to commence development work for the Big Sandy project while also continuing due diligence and negotiation of a definitive agreement. Tribal Business News publishes thoroughly reported and well-crafted stories about Native businesses and entrepreneurs, growth and expansion strategies, best practices, economic data, government policy and other relevant business news. E [emailprotected]. This environmental assessment analyzed potential environmental impacts of Big Sandy Inc.s proposed exploration plan. Both AZL and NTEC are eager to approach the project in a sustainable and equitable way, congruent with the grounding values of the Navajo Nation. Edited by: Creamer Media Reporter EMAIL THIS ARTICLE SAVE THIS ARTICLE and help keep the future of New Times, Use of this website constitutes acceptance of our. Doug Pitts, U.S. general manager for Hawkstone Mining. Join the New Times community and help support The Big Sandy lithium project consists of 311 mining claims of approximately 20 acres each, physically staked on Bureau of Land Management, Federally administered land (Figure 1). A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. https://www.listcorp.com/asx/azl/arizona-lithium-limited/news/commencement-of-scoping-study-on-big-sandy-lithium-project-2663981.html, [4] Healy, Jack and Baker, Mike. In a landmark speech in Houston last week, US Energy Secretary Jennifer Granholm told attendees she was working to streamline new sources of minerals urgently needed for electric vehicle production. : Further exploration and permitting of the project by the BLM is likely. Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Later recovery of lithium from beneficiation waste. An Alaskan Native Corporation has joined forces with an Anchorage-based investment firm to raise a $250 million private equity fund. Last month, the company completed a Scoping Study, which identified unique opportunities at the project, leveraging new extraction technology. This article does not constitute financial product advice. The new mining venture with AZL will help diversify the energy companys portfolio, providing new future revenue possibilities and resources that can be channeled back to the Navajo Nation. A representative of Hawkstone Mining, the Australian company behind the project, stood in front of a projected PowerPoint presentation, trying to convince them that the planned mine would be safe. Electrified vehicles ignite a revolutionary paradigm shift in mining, Jindalee unveils updated mineral resource estimate at Mcdermitt Lithium Project, Magnis Signs Offtake Agreement for North American Anode Active Material Production, LG Chem to invest $75m in Piedmont Lithium, secures SC6 offtake deal, Grid stability: Decoding renewed interest in synchronous condensers, Vestas to deliver turbines for 1.6GW Nordseecluster offshore wind project, CPP Investments to acquire 49% stake in Aera Energy from IKAV, Fireweed Metals to acquire Mactung tungsten project in Canada, Azule awards contracts worth $7.8bn for Agogo west hub project, Advertise with us Advertising enquiries: Roy Morris, roy.morris@progressivemediainternational.com, +44 (0) 20 7406 6613. WebThe Lordsburg Project sits within the playa lake system at the northernmost end of the Animas Valley, southwest New Mexico. After the public review period has ended, comments will be analyzed and considered in the decision-making process. Receive daily sector news alerts. In fact, this year NTEC was the first company to have a single mine awarded both the. About Big Sandy Lithium Project (Arizona), Arizona Lithiums successful 2019 drill program at Big Sandy resulted in the estimation of a total Indicated and Inferred JORC resource of 32.5 million tonnes grading 1,850 ppm Li for 320,800 tonnes Li2CO3, . The companies say that the project has the potential to be developed with a low environmental footprint. As President Biden recently outlined in his infrastructure speech announcing the launch of the American Battery Materials Initiative, [with] more electric vehicle sales, the demand for batteries and the critical minerals that go into those batteries has grown and is going to continue to grow.

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