Near enough good enough for lithium Nick Evans - The West...

Near enough good enough for lithium
Nick Evans - The West Australian on May 17, 2016, 1:14 pm

Drilling at Pilbara Minerals' Pilgangoora lithium-tantalum project south of Port Hedland. Picture: Pilbara Minerals.
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Near enough good enough for lithium - The West Australian

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A nearology rush in full flight is a wonderful thing to watch.


And there’s a doozy going on with lithium, and on two fronts.


The first is into the commodity in general. Late last year, the number of companies on theSpinifex lithium watch list was in single figures.


This week it breezed past 40, with the late week additions of Capital Mining, Paynes Find Gold, Prospect Resources and Quantum Resource.Spinifex calculates that, if the exponential growth continues, by the end of the year the entire ASX will be made up of junior lithium explorers.


The second front is the rush back into the Pilbara, where explorers are pegging ground at a rate not seen since the heady days of the iron ore rush in the mid-2000s.


That is due to the extraordinary success of the Ken Brinsden-led Pilbara Minerals, now worth $816 million.

https://au.news.yahoo.com/thewest/wa/a/31624475/near-enough-good-enough-for-lithium/