PMET Resources: Lithium Feasibility Study Sees Economics Tumble

We’ve got another economic study for a proposed lithium operation. But unlike recent studies we’ve covered, this one is on one of the premier projects in the space – PMET Resources’ (TSX: PMET) Shaakichiuwaanaan project in Quebec.

Which, if you’re a bit out of the loop here, used to be known as Patriot Battery Metals and their Corvette property. It’s one and the same.

And while this may be one of the premier stories within the lithium sector, it seems PMET has fallen victim to the same old story typical of this area of mining – using metals prices that are hardly relevant to current markets. What else is new.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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