http://www.cbc.ca/canada/north/story...

TNR CEO, Gary Schellenberg was asked by CBC News for a quick interview. In the segment he gives a few quotes about lithium’s potential, electric vehicles, and proposed plans for the previously producing lithium/rare metals mine.

For those not in Canada, CBC News is a popular National Media outlet (TV, Radio) in the country. Have a great day!

• A Canadian mining exploration company has bought an old mine near Yellowknife, with plans to explore for rare, sought-after metals used in electronics and electric cars.

  TNR Gold Corp. of Vancouver recently purchased the Moose 2 property 115 kilometres east-southeast of the N.W.T. capital that is known to have deposits of lithium and tantalum, among other minerals.

  TNR president Gary Schellenberg told CBC News that the former mine, which was in use during the 1940s and 1950s, looks promising for lithium and tantalum — two metals, he said, that have seen their prices skyrocket recently.

  "Tantalum is used in the electronics industry, and again, it's fairly rare. And of course, everybody's cellphones have a bit of tantalum in it," he said Monday.

  "Lithium, of course, is getting a lot of press lately, due to the increased demand and all the talk of lithium batteries in electric cars."

  Schellenberg said the company will conduct some exploration and sampling this summer in order to determine whether reopening the mine would be viable.

  The Moose 2 site is not on the N.W.T.'s road system, but Schellenberg said it is accessible by boat and float plane.

  TNR is the second company that has expressed interest in exploring for rare metals in the Yellowknife area.

  Avalon Rare Metals Inc. is looking at the feasibility of mining for terbium and other minerals at its Thor Lake site, about 100 kilometre southeast of the city.