Lithium in SK, Part 12: Hub City Lithium shows promising results northeast of Weyburn

Lithium in SK, Part 12: Hub City Lithium shows promising results northeast of Weyburn

REGINA – About 11 kilometres east of Weyburn on Highway 13, and about 4 kilometres north, Hub City Lithium has been testing for lithium. And the results announced on Jan. 26 are among the highest announced in Saskatchewan to date.

Hub City Lithium of Regina has sampled two wells there last year. And on Jan. 26, the company announced its test results of its second well. The company has also drilled a well in the Viewfield areas, whose results have not yet been disclosed.

Lithium in SK, Part 11: A detailed video on lithium geology in SE Sask

Lithium in SK, Part 11: A detailed video on lithium geology in SE Sask

Dr. Ben Rostron of Prairie Lithium was one of the presenters at the Saskatchewan Geologic Survey Open House in Saskatoon on Nov. 29. In his presentation, he went into great detail into the concentration and flow rates Prairie Lithium has seen in its testing of the Duperow formation in southeast Saskatchewan. This is the same formation that is referred to as the Leduc formation in Alberta.

Lithium in SK, Part 9: And the acquisitions begin, with Prairie Lithium to be acquired by Arizona Lithium

Lithium in SK, Part 9: And the acquisitions begin, with Prairie Lithium to be acquired by Arizona Lithium

EMERALD PARK – As the race for lithium development heats up in Saskatchewan, it’s just seen its first major acquisition.

Emerald Park-based Prairie Lithium announced at suppertime on Tuesday, Dec. 20, that it had been acquired by Arizona Lithium Limited (AZL) in a CAD $70.6 million deal, consisting of CAD $40.0 million in cash and 500 million common shares of AZL at a deemed price of CAD $0.0612 per share based on the 10-day VWAP of AZL’s shares.

Lithium in SK, Part 8: Ministry of Energy and Resources response to primacy of rights issues

Lithium in SK, Part 8: Ministry of Energy and Resources response to primacy of rights issues

Saskatchewan is experiencing something of an embarrassment of riches, with the development of several commodities underway. Beyond the usual oil and gas, helium, lithium and geothermal potential are all being explored, with the possibility of several of these commodities being produced from the same formations, or even the same well.
Pipeline Online had initially asked Premier Scott Moe about this in December, 2021, and Energy and Resources Minister Jim Reiter at the Lloydminster Heavy Oil Show in September. Both had noted the province is working on the issue. In early December, Pipeline Online sent a detailed list of questions. These are the responses from Scott Kistner, Assistant Deputy Minister of Energy and Resources:

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