Re: Anyone know??
in response to
by
posted on
Apr 02, 2022 06:50PM
@rkeeb
I simply wanted to respond to your speculation regarding CYP. My understanding is that the cutoff grade for lithium in PPM is 1100 for CYP's Clayton Valley deposit compared to roughly 3 times that much for Thacker Pass. Given the claims that LAC has throughout the McDermitt Caldera, which has an estimated 600 million tons of LCE, I think LAC would be far better off expanding within an area they already have claim to than buying a project with a lower quality resource. The McDermitt Caldera is very unique in terms of quality and scale for a sedimentary deposit. The closest competition might be Bacanora, yet as I recall material from Bacanora requires calcination similar to spodumene which material from Thacker Pass does not require. This link has been posted before, but is always worth a rewatch as it describes the resource as Thacker Pass by LAC's geologist/volcanologist Tom Benson.
https://www.youtube.com/watch?v=U4RssO53_tc&t=4954s
AXP