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Canada Lithium Corp. (CLQ.TO) is up 25% late Monday after announcing that it has received the mining licence from Quebec's Ministere Des Ressources Naturelles et de la Faune (MNRF) for its Quebec Lithium Project near Val d'Or.

The company reports the Quebec Lithium Project continues to meet the critical path schedule dates and remains on target for the $207 million capital cost. Commissioning of the mine and spodumene processing plant is anticipated at the end of 2012 and production of first lithium carbonate at the end of the first quarter of 2013.

Site construction work is now more than 20% complete, and EPCM contractor GENIVAR Inc. is installing mechanical and electrical components throughout the process plant. Crushers, ball mills, kilns and hydrometallurgical components have been arriving on-site and firm orders, fixed tenders or detailed supply offers have been made for approximately 50% of the budgeted capital expenditures.

The granting of the mining license follows recent approvals for the location of the Tailings Management Facility ( TMF ), waste dumps and mill site. Several other permits are anticipated, including an operating permit for the TMF. The main mining fleet of haul trucks, excavators and dozers is on-site and pre-stripping of the pit area and orebody is scheduled to commence in late July.

In full production, the open-pit operation will be mining approximately one million tonnes of ore per year to produce approximately 20,000 tonnes of battery-grade lithium carbonate.

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