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Friday, April 30, 2010
TNR Gold Corp.: International Lithium Commences 2010 Exploration Program at Sarcobatus Flats, Nevada TNR.v, CZX.v, RM.v, LMR.v, WLC.v, ROC, CLQ.v,
"The world’s future energy course is being charted today because of the ramifications of peak oil and a need to reduce our carbon footprints.A whole new industry - a global wide automotive and industrial lithium-ion battery industry - is going to be built. As a result of lithium-ion battery demand for hybrid-electric and electric cars the increase in demand for lithium carbonate is expected to increase four-fold by 2017.Lithium-ion batteries have become the rechargeable battery of choice in cell phones, computers, hybrid-electric cars and electric cars. Chrysler, Dodge, Ford, GM, Mercedes-Benz, Mitsubishi, Nissan, Saturn, Tesla and Toyota have all announced plans to build lithium-ion battery powered cars.Demand for lithium powered vehicles is expected to increase fivefold by 2012. The worldwide market for lithium batteries is estimated at over $4 billion per year."
Jay's Watch List March 30th Show featured TNR Gold Corp.
"Company update:
TNR Gold Corp. TSX: TNR
TNR Gold Corp. has entered into a letter agreement with Cricket Capital Corp. on the Company's 100% owned Forgan Lake property located 125km northeast of Thunder Bay, OntarioIn addition, the Company has commenced drilling at the Mariana Lithium brine project in Argentina, and it has increased its land position in Nevada to 5,285 hectares through staking and has commenced a geophysical program on its Mud Lake project, Nye County, Nevada. The Company proposed to waive the production of a feasibility study and exercise its right to acquire 25% of the northern half of the properties for Minera Andes' Los Azules Project in Argentina.
TNR established June 8, 2010 as a date of the meeting date for shareholder approval of the previously announced spin-out of TNR's lithium and rare metals assets into its wholly-owned subsidiary, International Lithium Corp. TNR shareholders of record on the date of the spinout, planned for late June or early July, will receive one share and one fully tradable warrant of International Lithium Corp. for every 4 shares of TNR."
Press Release Source: TNR Gold Corp. On Friday April 30, 2010, 1:00 pm EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 30, 2010) - TNR Gold Corp. (TSX VENTURE:TNR - News; "TNR" or the "Company") and wholly-owned International Lithium Corp. ("ILC") are pleased to announce the Company has commenced the 2010 exploration program at the Sarcobatus Flats project, Nye County, Nevada as part of the Company's plan to systematically explore and evaluate all of its' Nevada projects.
Key Highlights:
-- Commencement of gravity survey at Sarcobatus Flats project, Nevada;
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 30, 2010) - TNR Gold Corp. (TSX VENTURE:TNR - News; "TNR" or the "Company") and wholly-owned International Lithium Corp. ("ILC") are pleased to announce the Company has commenced the 2010 exploration program at the Sarcobatus Flats project, Nye County, Nevada as part of the Company's plan to systematically explore and evaluate all of its' Nevada projects.
Key Highlights:
-- Commencement of gravity survey at Sarcobatus Flats project, Nevada;
-- Completion of gravity survey at Mud Lake project, Nevada;
-- Expansion of Nevada lithium brine project holdings to 5,285 hectares; and
-- Full commitment to a systematic geophysical exploration of the Company's entire Nevada holdings.
Nevada Lithium Brine Project Update
The geophysical crew has successfully completed a detailed gravity survey on the Mud Lake project and has commenced an initial phase of geophysics on the Sarcobatus Flats project in Nye County, Nevada, as part of a systematic exploration approach across the Company's entire Nevada project areas. Processing of the Mud Lake geophysical data is underway and the results will be available shortly.
The geophysical stage of exploration maps structural features in the subsurface that may form traps for brine. These features are then used to generate and prioritize drill targets.
Nevada Projects
The Mud Lake Project is located 16 kilometres southeast of Tonopah in the Ralston Valley, Nevada covering 2,914 hectares in Nye County and is readily accessible year round. The Ralston basin, which contains Mud Lake, appears to have similar geological features that provided both a source and trap for lithium brines found in Clayton Valley which is located 47 kilometres west from the property. Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.
The Sarcobatus Flats Project is a desert playa (dry lake bed) located in Nye County, western Nevada along state route 95 approximately 109 kilometres south of Tonopah and 72 kilometres southeast of Clayton Valley and consists of 105 placer claims totaling 1,076 hectares. Highly anomalous concentrations of lithium, ranging between 210 and 340ppm Li, have been encountered from a preliminary surface sediment sampling program conducted on the Sarcobatus Flats claim group. As with the Company's other Nevada projects, there are many close similarities between Sarcobatus Flats and a Clayton Valley type lithium brine deposit. The property is located in a closed structural basin, contains similar stratigraphy and occupies a lacustrine environment with the same regional hydrogeography and geochemistry as Clayton Valley. In essence, Sarcobatus Flats represents an under-explored early stage analogue to Clayton Valley.
The Fish Lake Project is located 75 kilometres southwest of Tonopah in the Fish Lake Valley, Nevada covering 1,295 hectares in Esmeralda County. International Lithium believes Fish Lake Valley has similar geological features that have acted as a trap for lithium brines in Clayton Valley 35 kilometres to the east. The United States Geological Survey (USGS) sampling at Fish Lake Valley in 1976 found lithium brines on surface. One of these samples, located on TNR claims, contained 200 parts per million (ppm) lithium. This shows that modern Fish Lake Valley has geological and climatic conditions where lithium brine can form. At Clayton Valley drilling has shown that as climatic conditions went through cycles, successive layers of lithium bearing evaporates were deposited.
Mr. John Harrop is the Company's qualified person on the Nevada projects as required under NI 43-101 and has reviewed the technical information contained in this press release.
ABOUT INTERNATIONAL LITHIUM CORP. / TNR GOLD CORP.
International Lithium Corp, currently a wholly-owned subsidiary of TNR, is a Canada-based resource company focused on the exploration and development of new sources of lithium and rare metals. With quality projects spanning the globe from Argentina, USA, Canada, and Ireland, ILC offers investors the advantage of rapid development of lithium brine resources to production and the benefits of rare metals credits found in spodumene pegmatites. With the increased prominence of electric cars and lithium batteries, ILC expects lithium demand to rise in the near future. The Company aims to address this demand through leveraging the combined of its proven management and technical experts.
TNR is a diversified metals exploration company focused on identifying and exploring its existing properties and identifying new prospective projects globally. TNR has a total portfolio of 18 properties, of which 9 will be included in the proposed spin-off of International Lithium Corp.
The recent acquisition of lithium, rare metals and rare-earth elements projects in Argentina, Canada, USA and Ireland confirms TNR and ILC's commitments to generating projects, diversifying their markets, and building shareholder value.
On behalf of the board,
Gary Schellenberg, President
Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
CUSIP: #87260X 109
SEC 12g3-2(b): Exemption #82-4434
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
We have a position in this company, please, do not consider anything as an investment advise, as usual, on this blog.
Thursday, April 29, 2010
Suzuki Smash Titan 115 cc to Motor Rider
Sales of the Suzuki Accident thinks is actuality stretched. To agenda the sales abstracts from the Indonesian Motorcycle Industry Association (AISI), Accident in January and again awash about eight thousand. Pretty acceptable numbers amid the variants Suzuki motorcycle at 2010.Amid the storms accomplished by Suzuki, suzuki new artefact which will best acceptable be called Titan 115 Suzuki
EV mass market and Lithium Demand: China is Ready for EVs TNR.v, CZX.v, RM.v, LMR.v, LI.v, WLC.v, CLQ.v, SQM, FMC, ROC, HEV, AONE, VLNC, GM, BYDDY,
"Price competition will drive Electric Cars mass market. Chinese companies will have yet to prove that they can claim auto brand properties, but cost wise they are out of competition. Once thousands of engineers working in China on lithium batteries, safety and design of Electric Cars convert quantity into quality this market will take off in iPod fashion."
GM Volt:
China’s automotive fleet is rapidly expanding. Last year the Chinese market overtook the US to become the world largest automotive market, and sales are expected to continue to expand 55% to 13.55 million passenger vehicles per year by 2015.
The country is currently the third largest consumer of oil in the world with all of Europe a close second and the US number one. As China’s volume of vehicles continue to increase along with economic growth so too will their oil demand. China will pass the US and become the world’s largest oil consumer within a few years and thereafter continue to expand consumption. China is already importing more than 50% of its oil.
Fortunately, there is already great demand among the Chinese population for electric cars. GM plans to sell the Chevrolet Volt there and several Chinese automakers including BYD have already begun to sell electric cars in the country. Nissan is considering selling the LEAF in China as well.
A recent poll performed by Ernst and Young revealed that a shocking 60% of Chinese consumers are interested in purchasing a plug-in car. This is five times the rate in the US or any other country.
The Chinese government has also expressed great interest in promoting plugin cars, to help stave off foreign oil dependence. The government has already designated 20 cities to deploy extensive plugin charging infrastructure, and have set a production goal of 500,000 “new energy” cars by 2015. A massive series of incentives and subsidies to encourage electric car adoption will be announced in July.
Despite all the obvious benefits, one leading Chinese auto executive isn’t so sure this is a good idea.
Huang Xiangdong, who is vice president of Guangzhou Automobile Group Corp that has ventures with Honda, noted that 83% of Chinese electricity is produced by burning coal.
“Battery electric vehicles and plug-in hybrids do not save more energy than conventional cars on a well-to-wheel analysis,” said Huang. “We think in China it’s not the right time to promote pure electric vehicles.”
While reducing CO2 production is important to some, as in the US, concerns of oil dependence loom large.
“There are broader benefits of electric vehicles, such as reducing the dependence on foreign oil,” Henry Li, general manager of BYD’s auto export trade division.
Irrespective of any naysayers, clearly the Chinese electric automotive market is poised to become extremely large and profitable to automakers who are successful there. As the first foreign firm to get a foothold there, GM has much to benefit from selling electric cars there, and much of the company’s future profit could be tied to it.
“China is currently a larger market by volume than the US,” says GM spokesperson Tom Wilkinson
“It is probably our second or third most important market and growing faster than either the US or Europe,” he says. “In short, it is pretty important.”
So although we’d all like to see the exciting new Chevrolet Volt MP5 concept go on sale in the US, it should be fairly apparent why GM chose to unveil it in China. In fact it was actually produced in partnership with venture partner Shanghai Automotive Industry Corp. Anyway the MPV5 according to GM spokesperson Dave Darovitz “is a concept only.”
“No plans for production,” he adds.
Source (Detroit News) , (photo from Autoblog)"
The country is currently the third largest consumer of oil in the world with all of Europe a close second and the US number one. As China’s volume of vehicles continue to increase along with economic growth so too will their oil demand. China will pass the US and become the world’s largest oil consumer within a few years and thereafter continue to expand consumption. China is already importing more than 50% of its oil.
Fortunately, there is already great demand among the Chinese population for electric cars. GM plans to sell the Chevrolet Volt there and several Chinese automakers including BYD have already begun to sell electric cars in the country. Nissan is considering selling the LEAF in China as well.
A recent poll performed by Ernst and Young revealed that a shocking 60% of Chinese consumers are interested in purchasing a plug-in car. This is five times the rate in the US or any other country.
The Chinese government has also expressed great interest in promoting plugin cars, to help stave off foreign oil dependence. The government has already designated 20 cities to deploy extensive plugin charging infrastructure, and have set a production goal of 500,000 “new energy” cars by 2015. A massive series of incentives and subsidies to encourage electric car adoption will be announced in July.
Despite all the obvious benefits, one leading Chinese auto executive isn’t so sure this is a good idea.
Huang Xiangdong, who is vice president of Guangzhou Automobile Group Corp that has ventures with Honda, noted that 83% of Chinese electricity is produced by burning coal.
“Battery electric vehicles and plug-in hybrids do not save more energy than conventional cars on a well-to-wheel analysis,” said Huang. “We think in China it’s not the right time to promote pure electric vehicles.”
While reducing CO2 production is important to some, as in the US, concerns of oil dependence loom large.
“There are broader benefits of electric vehicles, such as reducing the dependence on foreign oil,” Henry Li, general manager of BYD’s auto export trade division.
Irrespective of any naysayers, clearly the Chinese electric automotive market is poised to become extremely large and profitable to automakers who are successful there. As the first foreign firm to get a foothold there, GM has much to benefit from selling electric cars there, and much of the company’s future profit could be tied to it.
“China is currently a larger market by volume than the US,” says GM spokesperson Tom Wilkinson
“It is probably our second or third most important market and growing faster than either the US or Europe,” he says. “In short, it is pretty important.”
So although we’d all like to see the exciting new Chevrolet Volt MP5 concept go on sale in the US, it should be fairly apparent why GM chose to unveil it in China. In fact it was actually produced in partnership with venture partner Shanghai Automotive Industry Corp. Anyway the MPV5 according to GM spokesperson Dave Darovitz “is a concept only.”
“No plans for production,” he adds.
Source (Detroit News) , (photo from Autoblog)"
EV mass market: Brussels Outlines Plans for Electric Cars TNR.v, CZX.v, RM.v, LMR.v, WLC.v, LI.v, CLQ.v, SQM, FMC, ROC ORE.ax, ABN.v, HAO.v, HEV, AONE
There are Electric Cars, safe technology for reliable batteries and Lithium availible for them: there is no execuse not to start Electric Mobility revolution today.
EV mass market will be started with standardization for safety and recharging infrastructure for Electric Cars. Hydrogen is lighting years away from mass adoption on cost and needed infrastructure crucial points. All the talk about dirty EVs is the old song from the Oil lobby guys. Electric Car is the only viable alternative to Oil driven CE, which is available today. By the way, every Hydrogen car needs a battery as well. Lithium supply for the batteries is not a question of existence or dependence on anybody's political will, it is available in safe locations and there is no excuse not to advance Electric Cars now. Last events in Europe reminded about the feeling to be Grounded - with ash this time, how the world is going to live with Oil above 150 USD/barrel?
Bloombeg Businessweek:
Brussels Outlines Plans for Electric Cars
Saying that cross-border standards for safety and rechargers will be critical to the success of electric vehicles, the European Commission has laid out a timetable
By Leigh Phillips
The European Commission on Wednesday (28 April) outlined a plan to get electric cars off the drawing board and onto the streets of Europe.
Central to the EU's plan for shifting away from the internal combustion engine is developing a series of European standards that everyone will adhere to.
"Without strong standardisation work, I think it will be difficult to develop a market for electric cars," said industry commissioner Antonio Tajani.
"These aren't just curiosities in motor shows any more. They are being keenly awaited by European citizens. It's important for citizens to be able to cross borders and still charge their cars."
Ensuring that there is a standardised charger is core to the strategy. Brussels does not want citizens to be as frustrated with their green vehicle as they are with a hair dryer in a foreign hotel when they've forgotten to buy an adapter.
The commission hopes to have electrical safety standards outlined by the end of 2010.
Then, next year, standards for the recharging of cars will be developed, and the following year, 2012, the commission wants to analyse the risks involved when such cars are involved in collisions.
The commission believes that hydrogen fuel-cell cars are one of "most promising options."
Responding to the plan announced today, Ian Williamson, the vice-chair of the UK Hydrogen Association said he was pleased with the strategy: "Hydrogen battery hybrid vehicles will be key to creating a low carbon transport infrastructure throughout Europe because, unlike pure electric vehicles, they offer consumers the same range, speed and fuelling times of conventional vehicles."
Green groups cautiously welcomed the news while underscoring that electric cars are only truly green if the electricity used comes from genuinely renewable sources. If the electricity is coming from coal-fired power plants, for example, this is just pushing the carbon emissions away from the vehicle but not tackling the root of the problem, they say.
"The Commission hasn't addressed two of the most critical issues, namely ensuring that the extra electricity needed will boost renewable sources and the need for smart meters in every vehicle to keep track of consumption and the carbon intensity of electricity," said Jos Dings, director of Transport & Environment, a green transit NGO.
"These two issues will be critical to ensuring that electric cars actually reduce emissions."
Provided by EUobserver—For the latest EU related news"
Saying that cross-border standards for safety and rechargers will be critical to the success of electric vehicles, the European Commission has laid out a timetable
By Leigh Phillips
The European Commission on Wednesday (28 April) outlined a plan to get electric cars off the drawing board and onto the streets of Europe.
Central to the EU's plan for shifting away from the internal combustion engine is developing a series of European standards that everyone will adhere to.
"Without strong standardisation work, I think it will be difficult to develop a market for electric cars," said industry commissioner Antonio Tajani.
"These aren't just curiosities in motor shows any more. They are being keenly awaited by European citizens. It's important for citizens to be able to cross borders and still charge their cars."
Ensuring that there is a standardised charger is core to the strategy. Brussels does not want citizens to be as frustrated with their green vehicle as they are with a hair dryer in a foreign hotel when they've forgotten to buy an adapter.
The commission hopes to have electrical safety standards outlined by the end of 2010.
Then, next year, standards for the recharging of cars will be developed, and the following year, 2012, the commission wants to analyse the risks involved when such cars are involved in collisions.
The commission believes that hydrogen fuel-cell cars are one of "most promising options."
Responding to the plan announced today, Ian Williamson, the vice-chair of the UK Hydrogen Association said he was pleased with the strategy: "Hydrogen battery hybrid vehicles will be key to creating a low carbon transport infrastructure throughout Europe because, unlike pure electric vehicles, they offer consumers the same range, speed and fuelling times of conventional vehicles."
Green groups cautiously welcomed the news while underscoring that electric cars are only truly green if the electricity used comes from genuinely renewable sources. If the electricity is coming from coal-fired power plants, for example, this is just pushing the carbon emissions away from the vehicle but not tackling the root of the problem, they say.
"The Commission hasn't addressed two of the most critical issues, namely ensuring that the extra electricity needed will boost renewable sources and the need for smart meters in every vehicle to keep track of consumption and the carbon intensity of electricity," said Jos Dings, director of Transport & Environment, a green transit NGO.
"These two issues will be critical to ensuring that electric cars actually reduce emissions."
Provided by EUobserver—For the latest EU related news"
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