VANCOUVER, BC, Sept. 23,
2024 /CNW/ - Century Lithium Corp. (TSXV:
LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) (Century Lithium or the
Company) is pleased to report on the making of battery grade
lithium carbonate (Li2CO3) at the Company's
Lithium Extraction Facility (Pilot Plant) in Amargosa Valley, Nevada, USA a part of the
Company's wholly owned Angel Island project in Nevada. The assays from the second batch of
lithium carbonate made at the Pilot Plant indicate a purity of
99.5%, which is considered battery grade.
"These results mark yet another accomplishment by our Pilot
Plant team" said President and CEO Bill
Willoughby. "Until recently, we have focused on producing a
concentrated lithium chloride solution, a representative portion of
which we shipped offsite for conversion. We chose to focus on
lithium carbonate as the end-product for our project, as it is a
natural fit given the approach we developed for processing. With
the ability to generate lithium carbonate samples onsite, the Pilot
Plant is a more complete representation of the processes involved
in a full-scale operation, and we can now supply lithium carbonate
samples for testing by prospective partners and end-users."
Following the procedures used in the first batch of testing,
(see September 3, 2024, news
release), batch 2 treated two more 40-liter lots of concentrated
lithium solution from the DLE area at the Pilot Plant in the newly
added lithium carbonate stage. The treatment included precipitation
with sodium carbonate, washing and drying of the 4 kilograms of
lithium carbonate produced from each lot. After addressing a
mechanical issue, assays from the two lots from the second batch
show an improvement in lithium carbonate purity to 99.5%.
Impurities of concern, including sodium and calcium, were
reduced.
Lithium Carbonate
Assay Results from Pilot Plant
|
Sample ID
|
Li2CO3
%
|
Total non-Li
ppm
|
Sodium
ppm
|
Calcium
ppm
|
Batch 2 #1
|
99.5
|
4,721
|
965
|
2,300
|
Batch 2 #2
|
99.5
|
4,778
|
566
|
2,200
|
Analyses were conducted
by third-party laboratories using multielement ICP on both
solids
and liquids. Lithium carbonate purity was determined by subtracting
the sum of impurities
from 100% of the sample.
|
Century Lithium continues work at the Pilot Plant, focusing on
design and engineering that will support reduced capital
requirements in the overall process.
Qualified Person
Todd Fayram, MMSA-QP and Senior
Vice President, Metallurgy of Century Lithium is the qualified
person as defined by National Instrument 43-101 and has approved
the technical information in this release.
ABOUT CENTURY LITHIUM CORP.
Century Lithium Corp. is
an advanced stage lithium company, focused on developing its
100%-owned Angel Island project in west-central
Nevada, USA. Century Lithium
recently completed a Feasibility Study and is currently in the
permitting stage, with the goal of becoming a domestic producer of
lithium for the growing electric vehicle and battery storage
market.
ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE
CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding Forward-Looking
Statements
This release contains certain forward-looking statements
within the meaning of applicable Canadian securities legislation.
In certain cases, forward-looking statements can be identified by
the use of words such as "plans", "expects" or "does not
anticipate", or "believes", or variations of such words and phrases
or statements that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved" and similar expressions suggesting future outcomes or
statements regarding an outlook.
Forward-looking statements relate to any matters that are not
historical facts and statements of our beliefs, intentions and
expectations about developments, results and events which will or
may occur in the future, without limitation, statements with
respect to the potential development and value of the Project and
benefits associated therewith, statements with respect to the
expected project economics for the Project, such as estimates of
life of mine, lithium prices, production and recoveries, capital
and operating costs, IRR, NPV and cash flows, any projections
outlined in the Feasibility Study in respect of the Project, the
permitting status of the Project and the Company's future
development plans.
These and other forward-looking statements and information
are subject to various known and unknown risks and uncertainties,
many of which are beyond the ability of the Company to control or
predict, that may cause their actual results, performance or
achievements to be materially different from those expressed or
implied thereby, and are developed based on assumptions about such
risks, uncertainties and other factors set out
herein. These risks include those described under the
heading "Risk Factors" in the Company's most recent annual
information form and its other public filings, copies of which can
be under the Company's profile at www.sedarplus.com. The
Company expressly disclaims any obligation to
update-forward-looking information except as required by applicable
law. No forward-looking statement can be guaranteed and actual
future results may vary materially. Accordingly, readers are
advised not to place reliance on forward-looking statements or
information. Furthermore, Mineral Resources that are not Mineral
Reserves do not have demonstrated economic viability.
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SOURCE Century Lithium Corp.