There’s a sign at the old Irgon Mine in Manitoba, Canada that identifies that exactly none of the 1.2 million tons of lithium oxide was extracted despite a three-compartment, 241-foot-deep shaft being built and 366 meters of drifting at the 200-foot mark. Problem was that despite the mining operations by the Lithium Corp. of Canada during 1956 and 1957 setting the stage for lithium production, work was suspended to wait for “a more favourable market for lithium oxide.”
The sign, put up by the province as a landmark on what looks to be a headframe, has proven to be visionary, noting the everyday uses for lithium, while calling out that “Light weight [sic] lithium batteries may be used in electrical cars of the future.”
60 years later, the future is now and Quantum Minerals Corp. (TSX-V: QMC) …View the full post at: Want to Profit from a Clairvoyant Province? Follow Quantum Minerals …
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