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AXM Alexander Mining Plc

0.0275
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alexander Mining Plc LSE:AXM London Ordinary Share GB00B06K1665 ORD 0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0275 0.025 0.03 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Alexander Mining PLC Lithium Joint Venture Update (0620O)

15/08/2017 1:45pm

UK Regulatory


Alexander Mining (LSE:AXM)
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TIDMAXM

RNS Number : 0620O

Alexander Mining PLC

15 August 2017

15 August 2017

Alexander Mining plc

("Alexander" or the "Company")

Update on Lithium Research and Development Joint Venture

Further to the announcement on 21 June 2017 regarding the expansion of the lithium ore leaching joint venture between Alexander and Dr. Nicholas Welham, the Company is pleased to provide an update on recent activity.

High quality samples and/or concentrates of the lithium bearing minerals zinnwaldite, lepidolite, petalite and spodumene have now been received from prospective projects, advanced projects and active operations in North America, Europe and Australia.

Once the mineralogical characterisation has been completed, the ores will be subjected to a range of different chemical treatments to assess their viability for leaching lithium under ambient conditions. The reagents selected will include those known to dissolve lithium minerals to provide a baseline against which the new reagent scheme(s) can be compared. Once the range of options is narrowed down a smaller suite of reagents will be trialled under varying conditions to assess optimum leaching conditions. The optimal conditions for the most prospective reagent(s) will then be used to generate a large volume of solution which will be converted into lithium carbonate using conventional technology.

It is anticipated that the initial stage of work will be completed within three months.

Enquiries

 
 Martin Rosser 
  Chief Executive 
  Mobile: +44 (0) 7770 865 
  341 
 Matt Sutcliffe 
  Executive Chairman 
  Mobile: +44 (0) 7887 930 
  758 
  Alexander Mining plc 
   Tel: +44 (0) 20 7078 9566 
   Email: mail@alexandermining.com 
   Website: www.alexandermining.com 
 
 Northland Capital Partners 
  Limited 
  Matthew Johnson / Gerry 
  Beaney 
  +44 (0) 20 3861 6625 
  (Corporate Finance) 
  John Howes 
  (Corporate Broking) 
  Turner Pope Investments 
  (TPI) Ltd 
  James Pope / Ben Turner 
  +44 (0) 20 3621 4120 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

APPGGUCCRUPMGPA

(END) Dow Jones Newswires

August 15, 2017 08:45 ET (12:45 GMT)

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