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Stable, supportive government and communities, skilled workforce and established infrastructure. Straightforward permitting.
New South Wales is 2nd largest gold producer in Australia, yet large areas have seen minimal use of modern geophysics and exploration techniques.
Australia is the world’s second-largest producer of gold, accounting for roughly 13.8 million ounces-Au yearly².
Targeting large-scale, bulk minable mineralization lying under shallow cover within a premier Australia gold district.
Lithium is essential for producing the lithium-ion batteries used in EV’s, laptops, etc.
By 2040, lithium demand could grow by more than 12x.
Currently ~87% of all lithium is sourced from Australia, Chile and China.
The United States currently has only one significant lithium extraction site, Silver Peak in Nevada, whereas Canada has extracted only minimal amounts of lithium.
“I don’t see any major price decline any time soon because demand is going to keep growing as more EVs come into the market,” says Morningstar analyst Seth Goldstein, who believes the top Lithium producers are undervalued.”
Sources: Stockwatch.com, Researchgate.net
Global investment in the low-carbon energy transition totaled $1.1 Trillion in 2022
Source: Globalxetfs.com
Inflation Reduction Act
Source: Visualcapitalist.com
