European Lithium Update on the PFS for the Wolfsberg Lithium Project
(firmenpresse) - European Lithium Update on the PFS for the Wolfsberg Lithium Project
21 November 2017, European Lithium Limited (ASX:EUR, FRA:PF8, VSE:ELI) (the Company) is pleased to announce that all consultants contributing to the pre-feasibility study (PFS) for its Wolfsberg lithium project have been appointed.
As reported to the ASX on the 18th October 2017 DRA Global (DRA) has been appointed to lead the PFS and integrate the work of all consultants and undertake the engineering and capital and operating cost estimates for the processing and infrastructure. The engineering will largely be carried out in the Johannesburg, South Africa office of DRA with input from their Montreal office which has extensive experience with the Nemaska Lithium project.
SRK (United Kingdom) has been appointed as the mine design consultant and will develop their preliminary mine design to PFS level. They will also recommend the drilling programme to bring the Inferred resource into the Indicated category so that it can be included in the mine design for a future definitive feasibility study.
Dorfner Anzaplan, Germany, who undertook the metallurgical test work for the project have been retained to conduct further test work to support the DRA engineering design.
Benchmark Minerals Intelligence, United Kingdom, will undertake the marketing study for lithium carbonate and lithium hydroxide particularly focusing on the requirements for the lithium battery plants being developed in Europe.
Orykton Consulting, Greece, will undertake an evaluation of the market for chemical grade spodumene concentrate with particular reference to China. They will also evaluate the markets for the by-products of feldspar and quartz from the physical processing plant and the by-products of sodium sulphate and aluminium silicate from the conversion of spodumene concentrate to battery grade lithium carbonate and lithium hydroxide. A marketing and sales plan for the by-products will be developed.
The DRA project team has been established and a kick off meeting was held in Wolfsberg, Austria from 31 October 2017 to 2 November 2017 with the Company to clarify responsibilities for inputs to the PFS and battery limits. A work schedule was developed for completion of the PFS in Q1 2018.
Steve Kesler
Chief Executive Officer
European Lithium Limited
END
Visit the Companys website to find out more about the advanced Wolfsberg Lithium Project located in Austria.
Competent Persons Statement
The information in this announcement pertaining to the Wolfsberg Lithium Project, and to which this statement is attached, relates to Project Development and Metallurgical Studies and is based on and fairly represents information and supporting documentation provided by the Company and its Consultants and summarized by Dr Steve Kesler who is a Qualified Person and is a Fellow of the Institute of Materials, Minerals and Mining and a Charted Engineer with over 40 years experience in the mining and resource development industry. Dr Kesler has sufficient experience, as to qualify as a Competent Person as defined in the 2012 edition of the Australian Code for Reporting of Mineral Resources and Ore reserves. Dr Kesler consents to the inclusion in the report of the matters based on information in the form and context in which it appears. The company is reporting progress on project development and metallurgical results under the 2012 edition of the Australasian Code for the Reporting of Results, Minerals Resources and Ore reserves (JORC code 2012).
Leseranfragen:
European Lithium ist ein Explorations- und Erschließungsunternehmen, dass sich auf sein hochwertiges Wolfsberg Lithium Projekt in Österreich konzentriert, welches sich zu 100% im Firmenbesitz befindet.
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Datum: 21.11.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 568707
Anzahl Zeichen: 3722
contact information:
Town:
Wien
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Business News
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