Bacanora Announces REM Scoping Study On El Sauz And Fleur Concessions
CALGARY – Bacanora Minerals reported that Rare Earth Minerals plc (REM) regarding their independently commissioned and funded scoping study on the El Sauz and Fleur concessions which form a part of the Company's Sonora Lithium Project in Sonora State in Northern Mexico. Once study is reviewed, Bacanora will consider the study in conjunction with the ongoing exploration, development and pre-feasibility studies presently budgeted and under way on Bacanora's borate and lithium projects. The Company's current strategy is to remain focused on bringing the El Cajon (part of the Magdalena borate project) and La Ventana (part of the Sonora Lithium Project) concessions into production in the most efficient and economic manner.