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Snow Lake Lithium: Metallurgical Test Results Demonstrates Excellent Recovery and Produces High Grade Spodumene Concentrate
Highlights: Metallurgical testwork from the Grass River Project demonstrates 83.5% lithium recovery producing a 6.39% Li20 spodumene concentrate. Mineral Resour

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[{"type":"text","content":" Highlights: Metallurgical testwork from the Grass River Project demonstrates 83.5% lithium recovery producing a 6.39% Li20 spodumene concentrate. Mineral Resource Estimates for both the Thompson Brothers and Grass River Projects are forthcoming. The Company's PEA study is well advanced and is expected to be finalized in Q2 2023. CEO search well underway, with high quality and experienced candidates already shortlisted. Winnipeg, Manitoba--(Newsfile Corp. - March 16, 2023) - Snow Lake Lithium (NASDAQ: LITM) (\"Snow Lake\" or the \"Company\") is pleased to announce the results of a metallurgical testwork program conducted for its Grass River Lithium Project. SGS Canada were engaged to conduct the study on behalf of the Company, with a metallurgical target of producing a spodumene concentrate grading >6% Li20 and <1.0% Fe2O3 while maximising recovery. The Company is pleased to announce that these targets have been achieved with the developed flowsheet showing an 83.5% lithium recovery. Commenting on the results of the metallurgical study, Snow Lake's Chairman, Mr Nochum Labkowski, said, \"These metallurgical results from our Grass River project are tremendously encouraging with the high recovery levels demonstrating the significant commerciality of our project. \"Following the previously announced strategic review of the Company's operations we have been committed to moving our projects along the development pipeline as quickly as possible. Together with our soon to be announced mineral resource estimates, these metallurgical results will feed into our PEA which in turn will provide us with a clear pathway towards production. \"As has been previously announced, the PEA will consider launching the project with a DSO operation, thereby bringing forward cashflows whilst minimising upfront capital expenditures. DSO is a proven method of enabling a company to transition a lithium mine from initial development to producing a concentrate as has been recently demonstrated by Core Exploration. \"The next few months promises to be a very exciting time for our Company as we continue to unlock the value of our project.\" Samples from the Grass River Lithium Deposit near Snow Lake, Manitoba were received at SGS Lakefield for a scoping level metallurgical testwork program on a main composite sample made from pegmatite and waste rock sampl...