TORONTO, Oct. 22, 2019 /CNW/ -
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About Sigma Lithium Resources Corporation (TSXV:
SGMA)
Sigma Lithium Corporation is a Canadian mining company focused
on advancing its principal lithium deposits at its Grota do Cirilo
Project in Brazil. Sigma
commissioned its pilot plant and has commenced the production of
battery-grade spodumene concentrate from its high-quality deposits.
Sigma's corporate mission is to execute its strategy while
embracing environmental, social, safety and governance principles.
The company is on track to become an ultra-high-quality lithium
concentrate supplier to the electrical vehicle and energy storage
battery industry worldwide.
Sigma shareholders include some of the largest ESG-
(environmental, sustainability, governance) focused institutional
investors in the world. Sigma plans to start construction of a
commercial-scale lithium concentration plant in 2020, becoming a
fully operational sustainable lithium producer in 2021. Sigma,
through its subsidiaries, has 27 mineral rights in four properties
spread over 191 km2 which includes nine historical lithium mines.
The Grota do Cirilo property, Sigma's primary focus, includes 10
mining concessions (mining production authorizations).
Sigma has a NI 43-101 technical report on the Grota do Cirilo
property prepared by SGS, which includes estimated Measured and
Indicated Mineral Resource of approximately 46 million tonnes at an
average grade of 1.42% Li2O. The technical report also includes
estimated Inferred Resources of 6.64 million tonnes at an average
grade of 1.46% Li2O and further notes the potential for significant
resource expansion. For further information please visit the
Company website at http://www.sigmalithiumresources.com
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets
and clearinghouses for multiple asset classes including equities
and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX
Alpha Exchange, The Canadian Depository for Securities, Montréal
Exchange, Canadian Derivatives Clearing Corporation,
Trayport and other TMX Group companies provide listing
markets, trading markets, clearing facilities, depository services,
technology solutions, data products and other services to the
global financial community. TMX Group is headquartered in
Toronto and operates offices
across North America (Montréal,
Calgary, Vancouver and New
York), as well as in key international markets including
London, Beijing and Singapore. For more information about TMX
Group, visit our website at www.tmx.com. Follow TMX Group on
Twitter: @TMXGroup.
SOURCE TMX Group Limited
