trending Market Intelligence /marketintelligence/en/news-insights/trending/hDg6I8Pg0dP9HYzR_Ro6mQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Nova Minerals unit, Tanco Mining to fast-track Thompson Brothers lithium project

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019

Nova Minerals unit, Tanco Mining to fast-track Thompson Brothers lithium project

Nova Minerals Ltd. unit Snow Lake Resources Ltd. signed a memorandum of understanding with Tanco Mining Corp. of Canada Ltd. to fast-track development at the Thompson Brothers lithium project in Manitoba.

The agreement outlines initiatives including investigating the processing of the Thompson Brothers material using Tanco's infrastructure as well as Tanco supporting financing options for project infrastructure.

The companies will discuss formalizing an investment and operational strategy, such as by developing a plan for data sharing.

Snow Lake added Aug. 2 that it plans to hold discussions with investment bankers and brokers to raise additional strategic funds to fast-track development, which may delay its listing on the Canadian Securities Exchange by a few weeks.

The agreement will expire on the third anniversary of the effective date, unless extended.

In July, Progressive Planet Solutions Inc. completed the sale of its 20% interest in the project to Snow Lake.