TNR Gold Lithium Royalty Holding: Ganfeng Increases Stake In Mariana Lithium Closer To 100% And Moves Project Towards Pilot Scale Test Stage - "Environmental Impact Report Presentation In Salta".

We have another very good public news coming from Mariana Lithium JV in Argentina operated by the giant from China Ganfeng Lithium. The project is moving forward, "Mariana Lithium Environmental Impact Report was presented to mining authorities in Salta" and Ganfeng has increased its stake in Mariana Lithium further closer to 100% with 88.9% ownership according to the latest public information. 

TNR Gold NSR Royalty Holding moves one more step closer to the potential future cash flow generation for our shareholders. Tesla Energy rEVolution is moving into the exponential stage of growth in EVs sales. We will need a lot of Lithium and the best Lithium companies will produce it. Now you can better understand why I am investing in our Company again and below you can find a lot of information for your own research. Stay safe.

"Last February 10, Ganfeng Lithium's top subsidiary in Salta, Argentina, Litio Minera Argentina S.A. (LMA) formally presented the Environmental Impact Report (EIR) of its lithium-brine project, Mariana, to the Provincial Mining Office in Salta, Argentina." 

Ganfeng Lithium

 

“I’m a strong believer in personal interest,” stated Mr. Klip. “It’s very encouraging when it’s aligned with that of the shareholders. To that end, I’m pleased that other insiders of the Company have joined me in our recent private placements. While I am the largest individual shareholder of TNR Gold, it’s crucial for me that all of us at the TNR Gold Team are personally motivated to succeed. It’s because of this that shareholders can trust us to advance the Company forward with great passion. Our recent private placement was oversubscribed and we are well-positioned now to develop further our portfolio of strategic assets in gold and Energy rEVolution metals.

 

Kirill Klip continued, “Our forward-thinking approach is allowing us to integrate our strategic portfolio with the international capital markets, while maintaining efforts to minimize dilution for all our shareholders. During these favourable macro-economic conditions for gold and green energy metals, we have been enjoying an entirely new level of attention and participation from certain financial institutions.

 

 

This will allow us to accelerate the development of the Shotgun Gold Project as well as continue to advance our royalty portfolio within the next chapter of business: Green Energy Metals. We maintain the potential of adding to our core royalty holdings on the Los Azules Copper Project with McEwen Mining and the Mariana Lithium Project under the management of Ganfeng Lithium.”

TNR Gold holds NSR royalties on projects containing copper, gold, silver and lithium metals. TNR Gold does not have to contribute any capital for the development of Los Azules Copper Project and Mariana Lithium Project. Neither does our NSR Royalty depend on the size of International Lithium’s potentially diluted ownership in the Mariana Lithium Project. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders."

In the real business news, investors are finally waking up to the realities of Lithium supply and demand from the exponentially growing sales for electric cars during Tesla rEVolution. You can find a lot of information for your research on my blog by diving into the links and articles below. 

Finally, some brave souls on Robinhood made a connection between "Coca-Cola" and the sugar industry in the Energy Storage Age. "The Art of War" performed by Elon Musk in order to secure lithium supply helped Tesla to make some deals on the cheap, but the tide is turning. Lithium prices have made the bottom and jumped up by 41% in China in January. We like what we see in the real solid Lithium business and buying more of it now.

I am participating in another round of financing for TNR Gold, other insiders joined me and you will have to make your own research to decide for yourself whether Mr Market has provided us with another ticket for his Time Machine adventure. 

Chart by Nicholas Winton

Gangfeng Lithium is taking control over the raw materials supply chain and the crown of the largest integrated Lithium producer in China and was even declared the largest Lithium hydroxide producer in the world in September. 

Unfortunately, the deal for leasing additional Lithium production capacity between Ganfeng Lithium and Jianxi Special Electric Motor fell apart, but the company was really busy anyway shaking off the pandemic fever and growing over $26B market cap this year.

Ganfeng Lithium

The main strategic priorities remain the same - building the markets, increasing production capacity and building the diversified secure supply base for the Lithium raw materials. Ganfeng and Lithium Americas JV project is moving forward following the new dreams of the policymakers in Argentina "to unleash the full market power for the Lithium mining sector". 

Now Ganfeng Lithium is moving the development of Mariana Lithium into the next stage with the proposed USD $25 million budget for 2020 - Ganfeng has already increased its stake in Mariana Lithium further closer to 100% with 88.9% ownership according to the latest public information. 

I am expecting to see a further increase in Ganfeng Lithium's ownership of Mariana Lithium moving closer to 100%, as their JV partner "... has decided to temporarily cease to make contributions to the Mariana Joint Venture Project in order to concentrate on other strategic projects" in 2020 (SEDAR November 30, 2020). It is important to note here that TNR Gold does not have to contribute any capital for the development of Mariana Lithium and our NSR Royalty does not depend on the size of ILC's potentially diluted ownership in the Mariana Lithium Project.   

Ganfeng Lithium Interim Report 2020 stated: "The feasibility study of Mariana Project in Argentina was successfully completed in 2019, and environment assessment, pilot scale test, and design of plant construction are being launched to the project." 

Now you can better understand why GEM Royalty TNR Gold Team is really excited with all recent developments in the electric space. We do not have to contribute any capital for Mariana Lithium Project development and our potential future NSR Royalty cash flow is becoming more and more feasible. You can find more public information for your own research on the links below and follow Mariana Lithium Project development on my blog and the updated Ganfeng Lithium website. 

Lithium Will Power Us For The Next 50 Years And Then Robots: Kirill Klip GEM Royalty TNR Gold Lithium Presentation December 2020

"TNR Gold is plugged into the Tesla Energy rEVolution with our NSR Royalty Holding on Mariana Lithium JV under the management of this giant from China. 

Ganfeng proposed USD $25 million budget for Mariana Lithium in 2020 and "The feasibility study on Mariana Lithium was completed in 2019, and environmental assessment and construction of the project are planned to be conducted," as it has stated in Ganfeng Lithium 2019 Annual Report. 

 

 

Ganfeng Lithium has provided a further update on Mariana Lithium in 2020 Interim Report: "The feasibility study of Mariana Project in Argentina was successfully completed in 2019, and environment assessment, pilot scale test, and design of plant construction are being launched to the project."

 

Kirill Klip GEM Royalty TNR Gold Lithium Presentation December 2020 from 

Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please always read legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 

Do Your Own Research.

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LMA's EIR Presentation to Mining Authorities in Salta - Feb 10, 2021.

By Natalia Rojo

LMA's EIR presentation - Feb 10, 2021

"Last February 10, Ganfeng Lithium's top subsidiary in Salta, Argentina, Litio Minera Argentina S.A. (LMA) formally presented the Environmental Impact Report (EIR) of its lithium-brine project, Mariana, to the Provincial Mining Office in Salta, Argentina.

As part of mining companies' obligations to submit the environmental and social impact reports of their projects to the mining authority, LMA recently completed a comprehensive presentation of the results obtained over almost three years of field study in the project area. LMA has worked on the project's baseline and acquiring knowledge about the most sensitive areas. 

The Mariana project is located in the Llullaillaco salt flat, in Salta province. After completing the surface exploration stage in the project, LMA will start exploitation, which will include production, concentration, and brine treatment wells for subsequent production of lithium chloride.

LMA worked together with an environmental consultant on developing a sensitivity map, which reflected all environmental and archaeological issues at the salar.

The environmental consultant made the presentation, in which not only environmental components (soil, air, water, flora, fauna, etc.) were analyzed; archaeological and social components were also examined. Subsequently, implications were explained regarding the stage of the brine production process.

During the presentation, the Ministry of Mining and Energy's examination team made all relevant observations, highlighted aspects to be studied, and warned about other matters that require special attention.

The Mining Secretary of Salta greatly valued LMA's work and said: "This stage is favorable for opening discussion, exchange thoughts, and guarantee transparency of the information using thorough scientific studies that are required to develop mining safely and responsibly.

The environmental consultant also remarked that LMA has shown strong commitment toward the protection of the environment all along and that this was undoubtedly the first significant step to start working on the project."