Cypress produces battery grade lithium carbonate
Bedrock gold discovery adds to Kingwest reign
SPONSOREDkingwest resources
Zenith Minerals aiming for new heights with lithium focus
SPONSOREDzenith minerals limited
North Gilbey's a Gascoyne game-changer
SPONSOREDgascoyne resources ltd
Mining Journal and MiningNews.Net Critical Minerals report
SPONSORED
Cypress president and CEO Bill Willoughby said the results from the "initial iteration" of testing will be incorporated into the company's ongoing feasibility study on the project.
"We are pleased to receive comprehensive assays validating the extraction process we have designed for our project," Willoughby said.
Bedrock gold discovery adds to Kingwest reign
SPONSOREDkingwest resources
Zenith Minerals aiming for new heights with lithium focus
SPONSOREDzenith minerals limited
North Gilbey's a Gascoyne game-changer
SPONSOREDgascoyne resources ltd
Mining Journal and MiningNews.Net Critical Minerals report
SPONSOREDThe production was of 99.94% Li2CO3.
"Exceeding the standard for battery grade lithium carbonate checks-off an important goal for the company and its further development of the project," he said.
The company's share price rocketed by 25% day on day to C$1.40 (US$1.06) on 19 September, giving Cypress a market capitalisation of C$205.14 million.