Cornish Lithium is delighted to be working closely with team of data scientists at the Satellite Applications Catapult (“Catapult”) in leading a new study, funded by Innovate UK, to see if it is possible to detect a lithium ‘fingerprint’ from space by imaging vegetation and minerals on the ground using satellite technology.
Cornish Lithium and Tregothnan Estates are pleased to announce that they have signed a Binding Agreement. The agreement allows Cornish Lithium to explore for, and to commercially develop lithium contained in hot spring brines on the land and mineral rights owned by Tregothnan Estates.
Cornish Lithium today announces that it has secured a £1 million investment from a group of highly experienced mining and natural resources investors. The funds raised will enable the Company to commence exploration activities on the ground in Cornwall. The initial focus will be to collate all relevant data on lithium occurrences in Cornwall and to assemble this in digital format.
Cornish Lithium, today announces that it plans to explore for, and to potentially develop, lithium contained in underground hot spring brines in Cornwall. The presence of lithium in hot spring brines in Cornwall has been known since the mid-1800s but this was regarded as a curiosity, given there was no developed market for the metal at that time. New technology now offers the potential to extract lithium from these hot spring brines and to supply product to the rapidly growing battery market for electric cars and for power storage.