Diamond & Specialty Minerals Summary for Jan. 31, 2023
2023-01-31 20:56 ET - Market Summary
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Lithium is in fact like diamonds in the sense, when 1992 Diamond discovery was made, there was not 1 Canadian geologist other than Chuck involved in diamond exploration and the education curve was a process. Lithium is no different. With diamonds exploration it was tie on. Look for bullseye geophysics targets. on the ground look for kimberlite. till sample for indicators and micro diamonds. sample for macro diamonds. Lithium is the same but need THE RIGHT TYPE of pegmatites, tie on, find Lithium in pegmatites, find economic grades of Lithium in pegmatites. The difference between the two commodities is the fact, high grade lithium will be mined first, similar to gold progression in the 20th century, where high grade mined first down to lower grades, as Lithium becomes more widely used in EV manufacturing if the transition is real?
Posted by yup at 2023-02-01 07:49