Grounded Lithium just drilled its first targeted lithium well in Saskatchewan, only the second of its type in this province
On Aug. 2, a new lithium exploration company, Grounded Lithium Corp., was wrapping up its first targeted lithium well. It’s the first in what the company is calling their Kindersley Lithium Project (KLP).
That makes Grounded just the second company in Saskatchewan to specifically drill for lithium, as opposed to oil, gas, potash or helium. A little under a year ago, Prairie Lithium was the first, having drilled its initial exploration well near Torquay.
Brian Jean says Churchill is a pipedream due to muskeg and permafrost
While the Port of Churchill is seen by some as a possible salvation for exports, especially oil, from the otherwise landlocked prairie provinces, at least one prominent politician is saying it’s not going to work,
Feds, province pump more money into rail line to Churchill, Man.
OmniTrax had proposed shipping oil through Churchill but backed down after facing opposition, largely over fears that the tracks on the uneven terrain could lead to a spill.
Some have floated the idea of shipping liquefied natural gas through Churchill. More recently, Conservative party leadership candidate Pierre Poilievre promised to move oil through Churchill in the form of bitumen pucks, which are designed to be less volatile than standard oil and which can float in water.
Saskatchewan drilling rig report for Aug 2
Drilling rig activity in Saskatchewan is seeing consistent activity in all regions of the province, as well as three companies drilling for helium and one for lithium. That’s according to Canadian Association of Energy Contractors data, published by RiggerTalk.com. In...
So long, war premium on oil prices
There’s still a war on in Europe, with no end in sight, but it appears the geopolitical risk premium has disappeared from world oil markets.
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