NAE 0.00% 0.5¢ new age exploration limited

Britain looks to ancient mines for electric future...

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    Britain looks to ancient mines for electric future

    https://uk.reuters.com/article/uk-b...cient-mines-for-electric-future-idUKKBN1HY0Y4

    "The English county of Cornwall and the surrounding area boast one of the world’s largest tin deposits yet their centuries-old mines have lain abandoned since the 1990s when a collapse in prices for the metal made them unviable.
    Now however a rise in demand for tin, along with other metals that can be used in electric vehicles, electronics and renewable energy, has helped create a global deficit and quadruple prices.


    New Age Exploration and its joint venture partner Strategic Minerals said in March they had found tin, tungsten and copper - all useful for electric vehicles - near Plymouth.

    LITHIUM PROMISE

    A British government-funded research team led by Cristian Rossi analysed satellite data to find changes in vegetation and temperature that indicate there are some lithium reserves alongside the tin deposits in the area.
    The study marked the first time satellite technology has been used to locate lithium - a valuable technique in Cornwall, which is covered in vegetation in contrast to South American prospects in exposed deserts."
    Last edited by Subs: 01/05/18
 
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