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by Will Purcell
The critical and specialty minerals stocks box score on Friday was an upbeat 104-73-133 as the TSX Venture Exchange lost nine points to 1,011. Lithium Americas Corp. (LIT) has been silent for over a month, but it remains a busy trader. Today, it lost 11 cents to $6.35 on 1.67 million shares. The company looks to produce lithium at Thacker Pass, in Nevada, starting next year.
Jason Macintosh's Search Minerals Inc. (SMY), unchanged at 34 cents on 1,000 shares, has hired consulting engineers to complete a scoping study of the two alpha males ruling its den of vixens -- a series of critical elements projects in southeastern Labrador. The study will focus on the Foxtrot and Deep Fox deposits, which Search is combining into one larger mining plan.
The work calls for metallurgical optimization, which Search blathers as an important step in advancing the company's flagship project through a focus on optimizing mineral concentrate production. The plan, Search says, is specifically aiming to reduce overall acid demand in the extraction process, with the results expected to support continuing process optimization and future economic studies, further advancing the company on its path toward development.
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