In den letzten 3 Monaten wurde unglaublich viel geschafft!
Nur vier Highlights, aus vielen Highlights:
- Pad 1 und 2 und auch 3 sind abgeschlossen oder die Bohrung steht kurz bevor
- die Provinz Saskatchewan hat Arizona Lithium eine Zahlung von 21,6 Mio. Dollar zukommen lassen zur Unterstützung von Prairie Lithium
- Proben von Lithium wurden an zukünftige potenzielle Abnehmer und strategische Partner verschickt
- auch bei Big Sandy Lithium wurden wichtige Meilensteine erreicht
Die Highlights:
• Produced battery grade lithium carbonate from the Prairie Project. The lithium
carbonate was produced from the DLE eluent of the ILiad pilot that operated at
the Prairie Project from November 2023 – February 2024.
• Pad
#1 at the Prairie Project has been conditionally approved for up to $21.6
million in transferable royalty credits under the OPGII Program in Saskatchewan,
highlighting the Province of Saskatchewan's long-term commitment to bringing
new lithium resources into production.
• New lithium enriched formations were discovered in the Souris River Formation
and Dawson Bay Formation at Pad
#1 of the Prairie Project.
• Commenced drilling Well
#3 at Pad
#1 at the Prairie Project. Well
#2 on Pad
#1 was previously successfully drilled as an exploration well into the Dawson Bay
Formation and converted into a disposal well.
• Environmental Pre-Disturbance Assessment and construction has been
successfully completed at Pad
#2 for the Prairie Lithium Project, the first two
wells are licenced for drilling on Pad
#2.
• Completed the collection of a bulk sample at the Big Sandy Lithium Project in
Arizona, USA. The bulk sampling program collected 100 tonnes of lithium
material from three holes, no water was encountered in all three holes and the
site has been fully rehabilitated.
• Received approval from the US Bureau of Land Management (BLM) for
exploration drilling at the Big Sandy Lithium Project.
Arizona Lithium Managing Director, Paul Lloyd, commented:
“We continued to make strong progress during the September Quarter at the Prairie Lithium Project
toward production of Lithium at the end of 2025, a testament to the commitment from our team.
Significant progress in multiple areas has been achieved at the Prairie Lithium Project. The finding of
lithium-enriched samples, particularly the 86 mg/L Li from the Souris River Formation and 60 mg/L Li
from the Dawson Bay Formation. We were very pleased to announce that our ongoing drilling at Pad
#1 had received conditional approval for up to $21.6 million in transferable royalty credits under the
OPGII Program, a clear endorsement from the Province of Saskatchewan. We also successfully
produced battery-grade lithium carbonate independently verified by Saltworks in an important step
toward commercialisation. Samples of this battery grade material were sent to prospective offtakers and
strategic partners. Moving forward, construction at Pad
#2 was completed, and the first two wells were
licensed to be drilled, while at Pad
#3, the drilling operation is planned to start shortly.
Important milestones were also achieved at The Big Sandy Project, with the approval by the U.S. Bureau
of Land Management to carry out exploration drilling. Additionally, we completed the bulk sampling
program, collecting 100 tonnes of lithium material and have fully rehabilitated the site, reinforcing our
commitment to environmental responsibility.
Looking ahead, we will continue to deliver on our strategic objectives with a focused drive to transition
the Prairie Project into commercial production. I would like to thank all shareholders for their continued
support.”
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