Black Pearl acquires Li brine

摘要

Canada based Black Pearl Minerals Consolidated Inc. (BPM) continued its Li acquisition trail by purchasing the Nevada Li brine deposit in USA from Gold Summit Corp. The deal will see BPM take 100 percent ownership of the deposit; in return Gold Summit will acquire 300,000 dollars cash and 3m. BPM common shares. This is BPM's first foray into Li solution mining as all its previous Li acquisitions, the Thompson Bros. Lithium deposit in Manitoba, and Quebec Lithium near Val D'Or, Quebec, have been hard rock (ore) deposits (see IM April '08, p. 15). The Nevada Lithium deposit, located in Esmeralda County, Nevada, covers an area of 31 km~2.