92 Resources Corp. (RGDCF)

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92 Resources Corp. (RGDCF)

Postby QualityStocks » Fri Sep 22, 2017 10:04 pm

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is a modern energy solutions company focused on acquiring and advancing strategic and prospective energy-related projects in Canada. Its three principal assets include the Hidden Lake Lithium Property in the Northwest Territories, the Pontax Lithium Property in Quebec, and the Golden Frac Sand Property in British Columbia.

Preliminary mineralogy work on samples taken of the Hidden Lake pegmatites indicate spodumene – the world’s richest source of lithium – is of a high quality and near the maximum theoretical limit. Scoping testwork saw an overall lithium extraction of 97 percent from the concentrate produced from these pegmatites, which means standard lithium extraction techniques can be applied, making the extraction of lithium easier and more cost effective.

92 Resources is focused on developing the lithium-rich resources located within its properties through open-pit mining and relatively straight-forward mineral processing procedures. Surface exploration programs that include prospecting, mapping and sampling of known spodumene-bearing pegmatites on the Hidden Lake property suggests the existence of one massive, interconnected body of pegmatite below the surface. Recent acquisitions of prospective hard-rock lithium properties in Quebec add to the company’s impressive and growing asset portfolio.

Recent acquisitions of prospective hard-rock lithium properties in Quebec add to the company’s impressive and growing asset portfolio. The properties, known as Corvette, Eastmain and Lac Du Beryl, consist of a combined 115 mineral claims totaling approximately 14,710 acres with confirmed pegmatite outcrops visible at each location. Some sampling has been completed at the Corvette property and shows spodumene crystals present, making this location a high priority for follow up work. Analytical results are pending on samples taken from known pegmatite outcrops visible at each property.

Lithium is a strategic, green metal used in batteries, electronics, electric vehicles, ceramics, alloys, lubricants and pharmaceuticals. The world market for electric vehicles, with China as its biggest customer, is exponentially growing as the demand for clean, renewable energy sources increases. A recent report by Grand View Research, Inc. places the lithium-ion battery market worldwide at $93 billion by 2025, with a compound annual growth rate of 17%.

92 Resources is led by an experienced management team and advisors with decades of expertise in market strategies, corporate development, mineral exploration and energy development. With an excellent team of professionals and promising mining projects, the company is well positioned to capitalize on the ever-rising demand for lithium.
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Wed Sep 27, 2017 4:38 pm

Lithium, Fuelling the New Millennium

NetworkNewsWire Editorial Coverage: Lithium stocks are on fire. Ignited by demand for lithium-ion batteries for mobile phones, laptops and electric vehicles, lithium stocks have soared since the beginning of last year. Surging demand and inadequate market supply are driving up price and intensifying the search for more lithium by major producers and junior miners like 92 Resources Corp. (TSX.V: NTY) (FSE: R9G2) (OTCQB: RGDCF) (92 Resources Profile). This growth is further evidenced by how the three largest lithium producers have performed since January 2016: FMC Corp. (FMC) is up over 160%; Albemarle Corp. (ALB) is up over 180%; and Sociedad Quimica y Minera de Chile (SQM) surged a scorching 260%-plus. Despite these gains, the market for lithium batteries still has untapped upside potential, but the decision by Tesla, Inc. (TSLA) to build a $5 billion Li-ion Gigafactory to meet its requirement of lithium-ion battery packs sharpens the focus on the shortage of lithium and the tight supply of Li-ion energy storage technology.

There’s a worldwide scramble to find more lithium. Sales of lithium salts are estimated at $1 billion annually, but with burgeoning global demand, both sales and price could spike even more dramatically. In fact, in 2015, the price for 99% pure lithium carbonate imported to China spiked to more than $13,000 per ton, more than double the prior year’s price.

92 Resources Corp. (TSX.V: NTY) (FSE: R9G2) (OTCQB: RGDCF) is focused on capitalizing on the global lithium shortage. The junior mining company is positioning to be at the vanguard of the renewable energy market and holds several lithium mining properties that are showing positive results from all initial indicators. The company began work at its Hidden Lake Lithium Project site this summer with a grant awarded under the Northwest Territories Mining Incentive Program. A maiden drill program for the project, now underway, has shown exceptional results. The project was undertaken to determine if industry standard lithium extraction techniques applied to typical spodumene (lithium aluminum silicate) concentrates could also be applied to concentrates produced from the pegmatites at Hidden Lake. The company reported that scoping test work was highly successful with an overall extraction of 97% achieved (http://nnw.fm/Cuqn9).

“The Project has now been significantly de-risked through the high quality, low-iron spodumene confirmed to be present at Hidden Lake, as well as the high lithium extractions that may be expected using standard methods,” 92 Resources president and CEO Adrian Lamoureux stated in the press release.

Hard rock lithium, the same type derived from the spodumene-bearing lithium pegmatites at Hidden Lake, accounts for about one-third of global reserves.

92 Resources also recently acquired three more highly prospective hard-rock lithium properties located in the James Bay region of Quebec, Canada (http://nnw.fm/c98zB). The Corvette, Eastmain, and Lac du Beryl properties consist of a combined 115 mineral claims totalling over 14,000 acres, complementing the company’s existing portfolio of assets. Each project was the subject of due-diligence site visits prior to acquisition, which included the examination and sampling of known pegmatite occurrences. Pegmatites are also known as extreme igneous rocks because they contain exceptionally large crystals and minerals, such as lithium, that are rarely found in other types of rocks. A small area of each property was evaluated during the site visits, and, most importantly, pegmatite outcroppings were confirmed present on each property.

Furthermore, a significant spodumene (lithium aluminum silicate) bearing pegmatite was discovered and sampled at Corvette, with spodumene crystals up to one meter in length, within an outcrop measuring approximately 150 meters by 30 meters.

“As we continue to aggressively advance our flagship Hidden Lake Lithium Project, we feel it is critical to maintain a pipeline of additional high-quality, early-staged, lithium pegmatite projects, each with potential as stand-alone opportunities. We are very excited by these new additions to the company’s already high-quality portfolio of assets,” Lamoureux stated in a press release.

92 Resources is clearly fast on the trail of the next great lithium deposits and expects to announce more developments in the near future.

Lithium has a myriad of essential uses and is crucial in rechargeable batteries for mobile phones, laptops, digital cameras and electric vehicles. The increasing demand for rechargeable devices and electric vehicles has created a dependence on lithium sparking a global search for new lithium fields. The success of Tesla Inc. (TSLA), a first mover in electric vehicles, is a harbinger of the entire automotive industry. At full-capacity, Tesla’s new Li-ion Gigafactory is expected to have an annual output of 35 gigawatt-hours, equivalent to the entire world’s battery production capacity. The demand for Li-ion batteries will explode as the grid begins to modernize to handle a massive influx of mainstream electric vehicles. The lithium dependent electric-vehicle (EV) market could reach 30 percent market penetration in the next dozen years, according to the International Energy Agency. Morgan Stanley analysts forecast the production and use of electric cars to rise to 81% of new auto sales by 2050.

At its current pace, demand for lithium is growing at 10 percent annually. However, it’s easily conceivable that demand could soar even more as new technological uses come into play. In 2015, Goldman Sachs stated that “lithium is the new gasoline.” It’s increasingly obvious that we’re in the midst of an energy transformation where lithium battery technologies will have the potential to dramatically impact nearly every aspect of life. Immense opportunities are already unfolding with the adaption of electric vehicles and stationary energy storage systems. To profit from this new energy transformation, investors should have direct or indirect exposure to lithium and/or lithium batteries.

The largest lithium producer in the world, Albemarle Corp. (ALB), has long been a global leader in the specialty chemical business. Albemarle’s lithium business segment mines lithium and converts it into different forms along the value chain, like lithium carbonate and lithium hydroxide, or value-added specialties like butyl lithium and lithium aluminum hydride. With its acquisition of Rockwood Holdings in 2015, the company now controls one of the only operating lithium brines in North America and operates another lithium brine located in Chile. Albemarle also holds a 49% share in the spodumene mine of Talison Lithium in Australia and is expanding production in 2019 under a joint venture. Albemarle has locked up long-term supply agreements with their customers, but this advantage will erode over time as customers on expiring contracts leave to buy from the lowest cost producers. Given that the stock is trading at an elevated multiple due to its lithium growth profile, any shock to growth expectations will lead to a rapid repricing.

Headquartered in Chile, Sociedad Quimica y Minera S.A. (SQM) is among the largest producers of lithium in the world, producing over 45,000 tons of lithium carbonate equivalent per year. SQM says it plans to expand its lithium carbonate capacity in Chile to 63,000 metric tons by 2018. In addition to lithium, the company produces specialty plant nutrients, iodine derivatives, potassium chloride, potassium sulfate and industrial chemicals. With the sky-rocketing demand for lithium batteries in 2017, shares of SQM surged from 2014 trading lows to knock on all-time highs and are now above $58 a share. The company inconsistently pays a moderate dividend yielding around 3% and carries a hefty PE ratio over 45.

FMC Corp. (FMC) through its lithium division, owns and operates a 17,000+ tons per year lithium brine facility in Argentina, where political upheaval has sparked discord, riots and rampant inflation. FMC is a large and diversified multinational chemical company servicing global agricultural, consumer and industrial markets, and lithium represents only a small portion of company revenues. The company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. Over $90, the company’s shares are trading at an all-time high with a PE ratio over 58. The company does pay a quarterly dividend of 17 cents per share, which yields less than three-quarters of one percent on an annual basis. As with most established lithium producers, shares of FMC have trended much higher since 2016. Looking to boost lithium revenues, FMC says it plans to increase lithium hydroxide capacity to 30,000 metric tons per year by the end of 2019 after increasing to 18,000 metric tons this year.

None of these chemical conglomerates are pure play lithium-focused companies, which does offer investors some reduced investment risk since overall company performance is tied to other chemicals and metals. However, each of these lithium behemoths are trading at or near all-time highs and don’t provide the direct exposure or maximum upside to the lithium market that a junior mining company could offer.

Leaders in international metals and minerals research, industry consultants at Roskill have estimated that in just eight years over 785,000 metric tons per year of lithium carbonate equivalent will be needed to meet global demand (http://nnw.fm/riS7f). That equates to a 26,000-metric-ton shortfall from expected supply in 2025. Compared to 217,000 tons of demand and 227,000 tons of supply this year, many other analysts expect even greater demand, even larger lithium deficits and further price increases for this new millennium fuel. Given driving demand, supply deficits, technological advancements and expansive need, investors in lithium could be more than amply rewarded.

For more information on 92 Resources Corp. visit 92 Resources Corp. (TSX.V: NTY) (FSE: R9G2) (OTCQB: RGDCF)
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Tue Oct 03, 2017 5:17 pm

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Acquires Three Prospective Lithium Properties in Quebec

- 92 Resources is an emerging junior exploration company
- Worldwide market for lithium is projected to grow 8.9% annually through 2019 to reach $1.7 billion
- Lithium-ion rechargeable batteries are used in the manufacture of electric vehicles, phones, laptops and digital cameras

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) recently announced that it has acquired three new properties in Quebec, Canada, which are highly prospective in hard-rock lithium (http://nnw.fm/uH2Oc). The sites are Corvette, Eastmain, and Lac du Beryl, and consist of 115 mineral claims on a combined 14,710 acres.

92 Resources is an emerging junior exploration company focused on acquiring and advancing strategic and prospective assets. It acquired 100% interest in the Hidden Lake Lithium Property and has achieved 97% lithium extraction from its pegmatites. Lithium is used for the manufacture of rechargeable lithium-ion batteries in phones, laptops, digital cameras and electric vehicles. Aluminum-lithium alloys are used in the manufacture of aircraft, bicycle frames and high speed trains. The global market for lithium is projected to grow 8.9% annually through 2019 to reach $1.7 billion, according to The Freedonia Group (http://nnw.fm/Dh9Ms).

In a news release, Adrian Lamoureux, president and CEO of 92 Resources, said, “As we continue to aggressively advance our flagship Hidden Lake Lithium Project in NWT, we feel it is critical to maintain a pipeline of additional high-quality, early staged lithium pegmatite projects, each with potential as stand-alone properties. We are very excited by these new additions to the Company’s already high quality portfolio of assets”

In its corporate presentation (http://nnw.fm/6Bt69), 92 Resources explained that pegmatite is a type of crystal-heavy igneous rock and that hard rock lithium represents about one-third of all global reserves.

Brief due diligence site visits were made prior to the acquisition and pegmatite outcrop was confirmed at each property.

At the Corvette Project, 76 claims have been made. At the site visit, abundant coarse-grained spodumene crystals were identified. On the Eastman Project, 21 claims have been made, and it is highlighted by a large pegmatite outcrop. A total of 18 claims have been made at the Lac du Beryl Project, where several prominent outcrops of pegmatite have been seen.

For more information, visit the company’s website at www.92Resources.com
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Fri Oct 06, 2017 4:10 pm

NetworkNewsBreaks – 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Expands Portfolio of Prospective Lithium Projects

Modern energy solution company 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) recently acquired three new properties in Quebec, Canada, that are highly prospective in hard-rock lithium. Consisting of 115 mineral claims on 14,710 combined acres, the sites are Corvette, Eastmain and Lac du Beryl. An article discussing this reads: “In a news release, Adrian Lamoureux, president and CEO of 92 Resources, said, ‘As we continue to aggressively advance our flagship Hidden Lake Lithium Project in NWT, we feel it is critical to maintain a pipeline of additional high-quality, early staged lithium pegmatite projects, each with potential as stand-alone properties. We are very excited by these new additions to the Company’s already high quality portfolio of assets.’”
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Thu Oct 12, 2017 5:50 pm

Lithium from 92 Resources Corp.’s (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Properties May Soon Power Your Electric Vehicle

- Demand for Electric Vehicles is Growing
- Lithium Producer Valuations are on the Rise
- Junior Valuations Likely to Follow

The die is cast. There is no turning back the legion of electric vehicles (EVs) now making inroads in our cities. Americans are warming up to the idea of driving EVs. As a result, EV sales, running at a rate well above 40 percent compared to 2016, could reach 200,000 in 2017. Tesla, of course, is in the vanguard of this EV invasion, followed closely by General Motors (GM) and Toyota; but practically every other auto manufacturer, including BMW, Fiat, Ford, Honda, Hyundai, Mercedes, Nissan, Porsche, Volkswagen and Volvo, has gotten on board the EV wagon. This upsurge in EV sales is driving demand for automotive batteries and the lithium that powers them, which makes the lithium properties held by 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) increasingly precious resources.

A recent article on NetworkNewsWire highlights how Lithium is Fuelling the New Millennium (http://nnw.fm/Qgqx5). Apart from its use in automobiles, lithium is an essential component of the batteries that power the 8 million smart phones and other mobile devices now in use around the globe. Consequently, while the hunger for lithium will fluctuate in the short term; in the longer term, it is only likely to increase, as market signals indicate. Valuations of the leading lithium producers have been rising steadily. FMC Corp (NYSE: FMC) has appreciated by 87% over the past year; Sociedad Quimica y Minera de Chile (NYSE: SQM) has shot up by over 109% and Albemarle Corporation (NYSE: ALB) has climbed some 62%.

As stock prices of the senior mining companies fully encapsulate the promising outlook for lithium, it is only a matter of time before the attention turns to junior exploration companies like 92 Resources. The company presently holds two lithium rich properties, at Hidden Lake and at their Corvette Property in Quebec. The Corvette Property is geologically situated within the Guyer Greenstone Belt and consists of 76 claims, totaling 3,891 hectares. The Corvette project has returned high-grade samples of 3.48% and 7.32% Li20 from spodumene bearing pegmatite exposed at surface. The Hidden Lake Lithium Property, located approximately 40 km northeast of the city of Yellowknife, NT, consists of two mineral claims, totaling approximately 1,100 hectares. It is highly prospective for spodumene-bearing lithium pegmatites, with samples indicating between 1.37% and 3.01% Li2O. The very high grades of lithium have been attributed to observed concentrations of coarse-grained spodumene and crystals of up to 36 inches long were also noted, with visual estimates across the dyke(s) in some places of 20 to 35%.

However, there’s more to 92 Resources than Hidden Lake and Corvette. The company recently acquired three new properties, believing it’s critical to maintain a pipeline of additional high quality, early staged lithium pegmatite projects, each with the potential as stand-alone properties. The new deposits are sited at Corvette, Eastmain, and Lac du Beryl, and consist of 115 mineral claims on a combined 14,710 acres, all rich in pegmatite. Pegmatite is a type of crystal-heavy igneous rock, and is a good source of ‘hard rock’ lithium, which represents about one-third of all global reserves.

For more information, please visit www.92Resources.com.
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Tue Oct 17, 2017 5:43 pm

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is Poised to Deliver Lithium as EV Manufacturers Seek to Secure Supplies

- Electric vehicle production is driving demand for lithium
- RGDCF controls five lithium properties
- Smart phones and other mobile devices also require lithium

With concern about dwindling supplies of lithium carbonate growing, prices for the compound used in the cathodes of batteries have more than doubled since 2015. Prices are expected to hit US$12,000 per tonne, according to the Driving Disruption report issued by investment bank UBS, and while there are adequate reserves of the metal, bringing it to market quickly enough may pose a challenge. This prognosis has manufacturers of electric vehicles scrambling to secure supplies. It is very likely some will go knocking on the doors of junior exploration companies like 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2). Among its three principal assets, 92 Resources has five that revolve around lithium. As a result, the company is poised to deliver supplies of lithium to EV manufacturers seeking to secure their supply chains.

Earlier this year, Volkswagen said that securing supplies of cobalt and lithium were two of its ‘greatest concerns’. And ‘BYD, the Chinese electric car and bus company part-owned by Warren Buffett, said it was talking to lithium producers in Chile about potential deals to secure lithium supply’. The race has been driven by rising estimates of EV production. In May 2017, UBS became the latest major analyst to up its forecast for EV penetration. The bank now estimates EVs will hit 14 percent penetration globally by 2025. This will require the lithium market to ‘to grow from its annual production of 182,000 tonnes to an average of 3.1m tonnes for 20 years to electrify the world’s fleet of vehicles’, according to the FT report.

RGDCF’s two major lithium assets are at Hidden Lake, approximately 40 km northeast of the city of Yellowknife, the capital of Canada’s Northwest Territories, and at their Corvette property, located 12 km south of the Trans-Taiga all-weather gravel road in the province of Quebec. The Hidden Lake Lithium Property consists of two mineral claims, totaling approximately 1,100 hectares. It is highly prospective for spodumene-bearing lithium pegmatites, with samples indicating between 1.37% and 3.01% Lithium superoxide (LiO2). The very high grades of lithium have been attributed to concentrations of coarse-grained spodumene and crystals of up to 36 inches long, with visual estimates across the dyke(s) ranging from 20% to 35%. The Corvette property consists of 76 claims totaling 3,891 hectares, and recently returned samples of 3.48% and 7.32% LiO2 from spodumene bearing pegmatite exposed at surface.

RGDCF recently acquired three new properties, including Corvette, and also located at Eastmain and Lac du Beryl, together consisting of 115 mineral claims on 14,710 acres, all rich in pegmatite. Pegmatite is a type of crystal-heavy igneous rock, and is a good source of ‘hard rock’ lithium, which represents about one-third of all global reserves.

With the lineup of EV manufacturers now a veritable alphabetic list of automakers, the fretting about demand has subsided. For the near future, the concern is supply: getting the metal out of the ground fast enough to satisfy demand from EV and mobile device makers. It won’t be surprising to see RGDCF’s valuation climb as lithium suitors court this modern energy solutions company.

For more information, please visit www.92Resources.com.
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Wed Oct 18, 2017 6:30 pm

NetworkNewsBreaks – Your Electric Vehicle Could Soon Be Powered by Lithium from 92 Resources Corp.’s (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Properties

Consumers are getting increasingly comfortable with the idea of electric vehicles (EVs), which, it has been predicted, could reach 200,000 units sold to Americans this year. Increasing EV sales has also meant increased demand for automotive batteries and the lithium powering them—making the lithium properties held by 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) increasingly important. An article discussing this reads: “As stock prices of the senior mining companies fully encapsulate the promising outlook for lithium, it is only a matter of time before the attention turns to junior exploration companies like 92 Resources. The company presently holds two lithium rich properties, at Hidden Lake and at their Corvette Property in Quebec. The Corvette Property is geologically situated within the Guyer Greenstone Belt and consists of 76 claims, totaling 3,891 hectares. The Corvette project has returned high-grade samples of 3.48% and 7.32% Li20 from spodumene bearing pegmatite exposed at surface. The Hidden Lake Lithium Property, located approximately 40 km northeast of the city of Yellowknife, NT, consists of two mineral claims, totaling approximately 1,100 hectares. It is highly prospective for spodumene-bearing lithium pegmatites, with samples indicating between 1.37% and 3.01% Li2O. The very high grades of lithium have been attributed to observed concentrations of coarse-grained spodumene and crystals of up to 36 inches long were also noted, with visual estimates across the dyke(s) in some places of 20 to 35%.”
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Wed Nov 01, 2017 6:16 pm

NetworkNewsBreaks – 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Likely to Profit Through Supply of Lithium to EV Manufacturers

The increased need for lithium, driven by the demand for electric vehicles (EV), is good news for 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2). As the automobile manufacturers scramble to secure enough lithium for EV production, the value of junior lithium mining companies like 92 Resources climbs. An article discussing this reads: “With concern about dwindling supplies of lithium carbonate growing, prices for the compound used in the cathodes of batteries have more than doubled since 2015. Prices are expected to hit US$12,000 per tonne, according to the Driving Disruption report issued by investment bank UBS, and while there are adequate reserves of the metal, bringing it to market quickly enough may pose a challenge. This prognosis has manufacturers of electric vehicles scrambling to secure supplies. It is very likely some will go knocking on the doors of junior exploration companies like 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2). Among its three principal assets, 92 Resources has five that revolve around lithium. As a result, the company is poised to deliver supplies of lithium to EV manufacturers seeking to secure their supply chains.”
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Mon Nov 06, 2017 5:55 pm

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Readies Lithium Assets as Electric Vehicles Return

- Government policy driving electric vehicle adoption
- A 100% increase in lithium price estimated to raise battery cost less than 1%
- Electric vehicle unit costs continue to fall as output rises

No one can be faulted for thinking that electric vehicles (EVs) will be a feature of the future. However, they were also a detail of the past. In the 1890s and early 1900s, EVs cruised the streets of America, particularly in the Northeast but also in Chicago. At the turn of the twentieth century, electric vehicles outnumbered their gasoline alternatives two to one in the major metropolitan areas of New York, Boston and Chicago. Powered by lead acid batteries, they increasingly lost market share to cars with internal combustion engines, which had longer ranges. Now, their time seems to have come again, and Americans are rediscovering EVs. As major automakers accelerate the launch of new EV models, they will be casting an eye at exploration companies like 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2), since this modern energy solutions company is mining the precious lithium that powers the batteries under the hood.

The latest report card for EVs shows how quickly American drivers are adopting plug-ins. For October 2017, EV sales were up 50% (to 16,000), as compared with October 2016 sales of about 11,000. September 2017 sales figures set a record, as 21,325 vehicles were sold, up 24% from the 17,225 moved the previous year. All the auto-making heavyweights, led by Tesla, have thrown their hats in the ring. Now, the increase in production is beginning to affect battery costs as economies of scale kick in. Lithium-ion battery costs fell by over 50% from $599/kWh in 2013 to $273/kWh in 2016 as battery producers raised output, according to Bloomberg Technology (http://nnw.fm/8eX75). The trend is likely to continue as demand for EVs continues to rise. Cost reductions from economies of scale are likely to trump any increase in the cost of lithium. Bloomberg estimates that a 300% increase in lithium prices would increase battery costs by only about 2%. Output increases are moving unit costs down at a much higher rate.

While lower costs are certainly a powerful driver of the EV bandwagon, government policy is also playing an important part. A number of OECD countries have laid out zero-emission mandates that will take effect over the next two decades. Norway wants its new passenger cars and vans to have zero emissions by 2025. In addition, India will ban the sale of new gasoline and diesel cars by 2030, while France and the U.K. plan similar bans by 2040. Meanwhile, China is targeting 2030 as its deadline, with only fully electric cars will being sold in the country following that year.

RGDCF is gearing up to meet the looming demand. The company now has five lithium properties, and two of those have shown a great deal of promise. The first, at Hidden Lake, is located approximately 40 km northeast of the city of Yellowknife, NT, and consists of two mineral claims totaling approximately 1,100 hectares. It is highly prospective for spodumene-bearing lithium pegmatites, with samples indicating between 1.37% and 3.01% Li2O. The very high grades of lithium have been attributed to observed concentrations of coarse-grained spodumene and crystals of up to 36 inches in length were also noted, with visual estimates across the dyke(s) in some places of 20 to 35%. The second, at Pontax River, consists of 104 mineral claims covering four blocks totaling approximately 5,536 hectares (13,681 acres) near Eastmain, Quebec, an area that has shown high levels of spodumene-bearing pegmatite.

The company also recently acquired three new properties. Each is an early-staged lithium pegmatite project with the potential to be a stand-alone property. The new deposits are sited at Corvette, Eastmain, and Lac du Beryl, and they consist of 115 mineral claims on a combined 14,710 acres, all rich in pegmatite. Pegmatite is a type of crystal-heavy igneous rock and is a good source of ‘hard rock’ lithium, which represents about one-third of all global reserves.

For more information, visit the company’s website at www.92Resources.com
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Tue Nov 07, 2017 6:45 pm

NetworkNewsBreaks – 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Gears Up to Meet Lithium Demand as Countries Enforce Zero-Emission Mandates

Modern energy solutions company 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is gearing up to meet the looming demand for lithium as electric vehicles (EVs) continue to gain popularity. EVs are not only attractive to consumers for their cost-efficiency, but to governments as well for their lowered emissions. Since lithium powers the batteries needed for EVs, this is great news for 92 Resources Corp. An article discussing this reads: “While lower costs are certainly a powerful driver of the EV bandwagon, government policy is also playing an important part. A number of OECD countries have laid out zero-emission mandates that will take effect over the next two decades. Norway wants its new passenger cars and vans to have zero emissions by 2025. In addition, India will ban the sale of new gasoline and diesel cars by 2030, while France and the U.K. plan similar bans by 2040. Meanwhile, China is targeting 2030 as its deadline, with only fully electric cars will being sold in the country following that year.”
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Fri Nov 10, 2017 6:40 pm

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Mining Global Taste for Tech-Friendly Lithium

- Mineral known as ‘the new gasoline’ attractive to auto industry
- 92 Resources developing sites in Canada’s northwest, Quebec

The increasing drive among the world’s industrialized nations to find more environmentally friendly fuel sources is a boon to junior mining companies such as 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) (http://nnw.fm/Y5F7k), which are poised to help supply the global need for tech-friendly lithium.

Lithium has become an in-demand resource for the auto industry as manufacturers try to anticipate the consequences of recent political decisions favoring electric vehicles over their dominant gas-powered cousins (http://nnw.fm/7UrPz). In July, France and Britain joined the number of nations who have declared their intentions of prohibiting the sale of vehicles driven by fossil fuels, working against an established deadline to promote alternative means of transportation.

Electric vehicles powered by lithium and cobalt batteries have proven particularly attractive to markets within metropolitan areas, where gasoline’s advantages involving longer travel distances and established refueling networks are less critical. And automakers have taken notice, with many of them now committed to release a lineup of all-electric vehicles or hybrids with electrical plug-in capabilities during the coming years.

Lithium has also applications in technology that has become ubiquitous within the world’s societies during the past two decades, particularly mobile phones, tablets and laptops.

Independent energy producers have also begun to integrate industrial-sized battery systems into the power infrastructure.

Goldman Sachs referred to lithium as “the new gasoline,” but currently the surging demand is being met with an inadequate market supply, creating a lag-time in development and a rising trend in prices. During 2015, China’s import costs for 99 percent pure lithium carbonate doubled.

International mining and minerals researcher Roskill has estimated that in just over eight years, a potential shortfall of 26,000 metric tons could occur as industries call for more than 785,000 metric tons per year of lithium carbonate (http://nnw.fm/7QsDl).

92 Resources aims to capitalize on governments’ and industry leaders’ taste for lithium. The company has hard rock lithium extraction projects in Canada’s Northwest Territories as well as in Quebec.

A government grant enabled the company to begin work during the summer on the Northwest Territories Hidden Lake site, where scoping test work accomplished an overall extraction of 97 percent in lithium-bearing pegmatites (http://nnw.fm/VDxk2).

“The Project has now been significantly de-risked through the high quality, low-iron spodumene confirmed to be present at Hidden Lake, as well as the high lithium extractions that may be expected using standard methods,” 92 Resources president and CEO Adrian Lamoureux stated in a related press release. The Quebec exploration includes 115 mineral claims of more than 114,000 acres with known large-crystal pegmatites outcroppings.

“As we continue to aggressively advance our flagship Hidden Lake Lithium Project, we feel it is critical to maintain a pipeline of additional high-quality, early-staged, lithium pegmatite projects, each with potential as stand-alone opportunities,” Lamoureux stated.

For more information, visit the company’s website at www.92Resources.com
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Fri Nov 17, 2017 4:43 pm

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Explores Remote Reserves to Serve Urban Regions

- Northwest Territories lithium project developing promising formations
- Local government grant provides project cost options
- Quebec property’s lithium potential may also help meet tech battery needs

Canada’s secluded far north is energizing plans to provide urban societies in the earth’s more populated regions with eco-friendly travel options as automakers prepare for a new generation of technological advancements, and 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is exploring how to be part of the trend.

The subarctic Northwest Territories early-stage mining project is developing four promising spodumene pegmatite geologic formations (http://nnw.fm/Psd6c) that are expected to prove lithium-bearing, thanks to scoping test work last year that achieved overall mineral extraction of 97 percent from concentrate (http://nnw.fm/XtGf3). The four formations that were sampled cross 2,080 meters and are among 60 channels sampled on the 1,849-hectare (4,569-acre) property north of Great Slave Lake’s shores. Crystals up to 36 inches long were reported.

The project, dubbed the Hidden Lake Lithium Project, benefitted from a $140,000 government grant recognizing the property’s “highly ranked” potential under the Northwest Territories Mining Incentive Program in June (http://nnw.fm/HMTt3). Although Canada’s subarctic zone is remote from most populated centers, the Hidden Lake project has the advantage of being accessible from the Northwest Territories’ capital city some 40 km (25 miles) away.

The company is also working to develop expected lithium reserves in Quebec and silica sand samplings in British Columbia. The Quebec exploration covers over 114,000 acres where 115 mineral claims are examining known large-crystal pegmatites outcroppings.

Lithium has become an in-demand mineral resource as automakers begin working in earnest toward delivering electric vehicles powered by lithium and cobalt batteries. Current lithium supplies are expected to fall short of the rising demand, making new explorations an attractive venture. In addition to automotive uses, lithium-powered energy sources are being utilized for mobile phones and home computer applications. Industrial-sized lithium battery systems are also being put to work in some power infrastructures.

“We have great exploration ahead of us at Hidden Lake. We are going to drill these things and try to build ore bodies. Hopefully it’s that easy,” Jody Dahrouge, a consultant and major shareholder in 92 Resources, said during an October 2017 interview (http://nnw.fm/xcF4W). “We’ve done a bit of metallurgical work already to make sure there are no insurmountable hurdles at this early stage. Everything looks extremely positive.”

For more information, visit the company’s website at www.92Resources.com
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Fri Nov 17, 2017 5:09 pm

NetworkNewsBreaks – Eco-friendly Lithium Needs Fuel 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Projects

As a growing number of countries pass legislation that builds on social change in the urban transportation arena, 92 Resources (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is working to deliver emerging tech-friendly solutions in the form of lithium for next-generation batteries. An article discussing this reads, “Electric vehicles powered by lithium and cobalt batteries have proven particularly attractive to markets within metropolitan areas, where gasoline’s advantages involving longer travel distances and established refueling networks are less critical. And automakers have taken notice, with many of them now committed to release a lineup of all-electric vehicles or hybrids with electrical plug-in capabilities during the coming years.”
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Wed Nov 22, 2017 6:18 pm

NetworkNewsBreaks – 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Gears Up for Exploration at Hidden Lake

As lithium continues to increase in demand as the key mineral resource to power electric vehicles (EVs), 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is gearing up for exploration of the promising Northern Canada site dubbed the Hidden Lake Lithium Project. An article discussing the potential in the extraction and development of valuable materials from this project reads: “The subarctic Northwest Territories early-stage mining project is developing four promising spodumene pegmatite geologic formations (http://nnw.fm/Psd6c) that are expected to prove lithium-bearing, thanks to scoping test work last year that achieved overall mineral extraction of 97 percent from concentrate (http://nnw.fm/XtGf3). The four formations that were sampled cross 2,080 meters and are among 60 channels sampled on the 1,849-hectare (4,569-acre) property north of Great Slave Lake’s shores. Crystals up to 36 inches long were reported.”
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Re: 92 Resources Corp. (RGDCF)

Postby QualityStocks » Mon Nov 27, 2017 5:40 pm

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Obtains Legal Entity Identifier Number Required by European Union

- LEI number is equivalent to a barcode and The European Union requires it to identify financial market participants, such as banks and investment funds
- German Stock Exchanges (Frankfurt Stock Exchange) mandate that LEI numbers are required by January 3, 2018 for all listed companies
- 92 Resources Corp. is a Vancouver, Canada-based emerging junior exploration company that owns six sites in Canada

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) announced that it has been assigned a Legal Entity Identifier (“LEI”) number (http://nnw.fm/6E0Us). It is significant because the European Union has adopted regulations that require use of the LEI as an equivalent to a barcode, pinpointing systematic risks.

This 20-digit alphanumeric code is both an internationally standardized and globally valid identifier for financial market participants. Its purpose is to clearly identify contracting parties, such as investment funds, banks, and other companies. It is also used to comply with a number of financial reporting requirements.

92 Resources is a Vancouver-based emerging junior exploration company focused on acquiring and advancing strategic and prospective assets to the benefits of its shareholders, targeting primarily modern energy-related projects. 92 Resources owns six properties in Canada, with its three principal assets being the Hidden Lake Lithium Property in the Northwest Territories, the Corvette Lithium Property, QC, and the Golden Frac Sand Property, BC.

92 Resources now meets the requirements of the Frankfurt Stock Exchange to have an LEI number by January 3, 2018. “The LEI will clearly assist the regulatory authorities in monitoring and analyzing threats to the stability of the financial markets (but) it can also be utilized by counter parties internally for risk management purposes,” the Deutsche Borse Group stated. It added on its website that the LEI number will affect most aspects of the securities markets in Europe (http://nnw.fm/p32rL). These include clearing, trading, settlement, collateral, custody, and liquidity management.

For more information, visit the company’s website at www.92Resources.com
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