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Lithium Project

Sonora Lithium project, Northern Mexico. Lithium bearing clays located near the towns of Bacadehuachi and Huasabas which are close to the US border.   read more


Borate Project

Magdalena Borate Project, Northern Mexico. One of the few known calcium borate basins in the Americas. Bacanora Minerals plans to investigate the feasibility of bringing this project to production within the next 2 to 3 years.   read more



Click HERE for Ni 43-101 Mineral Resource Estimate For The Sonora Lithium Project, Mexico, May 2015
Bacanora Minerals is listed on: TSX-V: BCN

TSXV venture50 
Bacanora Minerals Ltd. was recognized
as a TSX Venture 50® company in 2015.

TSX Venture 50 is a trade-mark of TSX Inc. and is used under license
 
Bacanora Minerals  is an AIM and TSX listed company focused on becoming a large scale supplier to the fast growing global lithium-ion battery market. Thanks to soaring demand from cutting edge industries such as electric vehicles and energy storage, demand for battery grade lithium is forecast to grow strongly in the short to medium term which is expected to drive the market up from $17.5 billion to $70 billion by 2020. With this in mind, the Company is rapidly commercialising the world class Sonora Lithium Project in Mexico which benefits from a large, scalable and high grade lithium resource NI 43-101 Indicated Resource. A PFS has been completed which highlight the attractive economics of producing up to 35,000 tonnes per annum of battery grade Li2CO3 at Sonora and estimates a pre-tax Internal Rate of Return ('IRR') of 29% (post tax 25%) and an associated Net Present Value ('NPV') of US$776M, (8% discount rate). CAD$13.7 million has been invested to date both on exploration and on the development of a pilot plant in nearby Hermosillo. The Company owns the Magdalena Borate Project, also in Mexico, which has the potential to provide near term cash flow to the Company as it advances its lithium asset.   read more